Netflix
With the announcement of Netflix to launch in the UK and Ireland it will be interesting to see how their entrance into the TV market will affect the UK TV & film market. Lovefilm is already well established and present across numerous platforms, Facebook is dipping it’s toe into letting content owners ‘broadcast’ content from their facebook pages and the main broadcasters mostly have established a strong VoD offering, so is there really a need for another service which is providing similar or the same content which is already accessible?
Hulu has been rumoured to be launching in the UK for the past 2 years but has yet to take the plunge possibly highlighting that the UK broadcast space is fiercely competitive and they are less than 100% confident they could establish a UK operation which would make financial sense. The day after Netflix announcement of a UK and Ireland launch their shares dropped 27% in the US highlighting even further that the digital on delivery broadcast landscape is a perilous one to enter.
I think the crux of being successful is for Netflix to launch across as many platforms as possible with a flexible subscription service allowing people to choose the devices they want to access content across as well as competing on price with their closest rival LoveFilm.
Whether this is the direction they take or if it’s successful we’ll only know in time, but as a consumer Netflix seems to be a great US service so it’s nice to see it coming to the UK and giving us consumers more choice.
What does everyone else think?
