Over the past year, SVoD services such as Disney+, HBO Max, Peacock (NBCUniversal) and AppleTV+ have come on stream, joining the likes of Netflix and Amazon.
Alan Wolk, co-founder of media consultancy TV[R]EV, speaking from New Jersey, dubbed the streaming boom a “flixcopalypse”. He said two more – Paramount+ and Discovery+ – were due to launch soon.
Success is not guaranteed. The short-form streamer Quibi, launched by former Disney exec Jeffrey Katzenberg, collapsed this month after only half a year in business.