Erik Gruenwedel
October 26, 2020
Swedish households added 700,000 streaming video subscribers in the third quarter (ended Sept. 30), but Netflix wasn’t among the gainers. New data from Mediavision indicates the SVOD giant lost 110,000 subs in Sweden — the first sub loss since the service launched operations in the Nordic country in 2012. Netflix remains the largest SVOD operator in Sweden with 1.5 million subs.
The appetite for SVOD remains high, with consumer demand for new services such as Disney+ and/or alternative service high, according Mediavision’s survey of 3,000 respondents.
Subscribe HERE to the FREE Media Play News Daily Newsletter!
“The third quarter presents an interesting development of the Swedish streaming market — for the first time ever, SVOD-households subscribe to more than two services,” Marie Nilsson, CEO of Mediavision, said in a statement. “We believe that growth will continue, especially given the trend of increased interest as we approach the large holidays.”
Related Posts
Netflix Posts Record Q4 Subscriber GrowthNetflix Jan. 17 reported it added 7.3 million net new paid subscribers internationally in the fourth quarter (ended Dec. 31, 2018) — which was above company projections of 6.1 million. In the United States, Netflix added 1.53 million paid subs,…
WWE Home Entertainment Posts Q4 LossConsumer demand for World Wrestling Entertainment DVDs is waning. WWE home entertainment reported fourth-quarter (ended Dec. 31, 2017) operating loss of $700,000 compared to operating income of $1.9 million during the previous-year period. It was the unit’s first fiscal loss.…
Netflix Ending Subscriber Content ReviewsNetflix has begun phasing out the ability for subscribers to write personal reviews of TV shows and movies on the SVOD pioneer’s website. Long a Yelp-like crowd-sourced feature as Netflix evolved from by-mail disc rental service to subscription streaming video,…
Netflix Projected to Top Q1 Subscriber Growth EstimateNetflix reports first-quarter (ended March 31) financial results on April 21, and its subscriber growth during the ongoing coronavirus pandemic is expected to exceed the SVOD pioneer's own estimates. That, according to new data from Wall Street firm Sun Trust…
