Netflix Surprises Itself With Gangbusters Membership Growth


Netflix generated $8.3 billion in global streaming revenue in 2016, with 35 percent year-over-year growth, it reported Wednesday. The company ended last year with 93.8 million members, including 19 million net additions — up from 17.4 million new subscribers in 2015. Netflix’s global revenue for the fourth quarter of 2016 grew by 41 percent year-over-year to $2.4 billion, and 7.05 million net new members joined during that time period. The U.S. accounted for 1.93 million new subscribers, while the rest, 5.12 million, came from international markets. The growth greatly exceeded Netflix’s own forecast.

The original article can be found here: http://www.ecommercetimes.com/story/84245.html?rss=1

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Apple's App Store generated record sales

Apple Inc. said its App Store generated record revenue of more than $20 billion for developers in 2016, as that business roughly maintained its growth rate even as iPhone sales volumes declined.

The original article can be found here: http://www.foxnews.com/tech/2017/01/06/apples-app-store-generated-record-sales.html

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Music Industry Boos Google's Antipiracy Performance


Google on Wednesday released an update of its online antipiracy efforts. YouTube has generated more than $2 billion to content copyright holders by monetizing user-uploaded content through its Content ID rights management system, Google said, adding that more than 90 percent of all Content ID claims result in monetization. YouTube also paid out more than $3 billion to the music industry, which has monetized more than 95 percent of its claims, Google said, adding that more than 90 percent of all Content ID claims result in monetization.

The original article can be found here: http://www.ecommercetimes.com/story/83696.html?rss=1

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Streaming music usurps digital downloads for first time in 2015, RIAA says

Article Image In 2015, streaming services like Spotify and Apple Music generated $2.4 billion for the wider U.S. music industry to surpass sales from digital stores like iTunes, according to new data from the Recording Industry Association of America.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4e727988/sc/28/l/0Lappleinsider0N0Carticles0C160C0A30C220Cstreaming0Emusic0Eusurps0Edigital0Edownloads0Efor0Efirst0Etime0Ein0E20A150Eriaa0Esays/story01.htm

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Mainstream Industries Form IoT Vanguard


Although the consumer implications of the Internet of Things have generated plenty of public attention, the real growth in the embryonic market is coming from less visible industrial environments and business applications. The early IoT advancements may come as a surprise to some, but in these industries, organizations moving quickly to deploy more connected products and services makes sense for a number of reasons. Less than a third of the 465 IT and business professionals who responded to a Gartner survey last fall were using IoT at the time.

The original article can be found here: http://www.ecommercetimes.com/story/83210.html?rss=1

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Google's Android revenue $31 billion over OS's entire lifetime, Oracle lawyer says

Article Image The Android operating system has reportedly generated $31 billion in revenues for Google since it first launched in 2008, creating $22 billion in profits largely from mobile advertising.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4d0f96a3/sc/28/l/0Lappleinsider0N0Carticles0C160C0A10C220Cgoogles0Eandroid0Erevenue0E310Ebillion0Eover0Eoss0Eentire0Elifetime0Eoracle0Elawyer0Esays/story01.htm

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