Media briefs

Mar 2, 2017

Full stream ahead for Netflix

Netflix has either 2.8 million subscribers or 5.75 million subscribers in Australia, depending on which figures you believe.

Glenn Dyer — <em>Crikey</em> business and media commentator

Glenn Dyer

Crikey business and media commentator

Here’s why 2016 was a tough year for the free-to-air and pay TV sectors (the likes of Foxtel and Nine have written down the value of their TV businesses, Ten warn that another impairment was likely, and Seven is almost certainly going to write down the value of its TV business later this year). Streaming video is growing rapidly even though Foxtel and Seven killed off their Presto service, leaving Stan (owned by Nine and Fairfax) as the only viable local competition for Netflix.

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