BBC Studios and BBC Worldwide will merge to take on Netflix, Amazon Prime Video

BBC Studios and BBC Worldwide will merge to take on Netflix, Amazon Prime Video In this week’s subscription roundup, we feature the BBC’s new plans to merge its production and commercial arms – BBC Studios and BBC Worldwide. Can the unified commercial entity combat the threat from subscription streaming powerhouses such as Netflix and Amazon Prime Video? In our second story, we provide more details about the ‘Care by Volvo’ subscription service by automaker Volvo. The third story reveals a surprising subscription spending pattern in the UK.

 

Will the BBC’s new merger plans make it more competitive?

The BBC is planning to merge its commercial and production arms into a single, £1.4bn global entity to combat the rise of OTT subscription services such as Netflix and Amazon Prime Video. The broadcaster will merge BBC Worldwide with BBC Studios in an effort to counter the competition and maximise revenues from global sales. The unified commercial entity will be called BBC Studios and will be run jointly by Tim Davie and Mark Linsey. The announcement comes close on the heels of BBC Director General Tony Hall’s latest speech in which he acknowledged that British TV is under threat from subscription streaming services.
 
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‘Care by Volvo’ subscription service to start at $600 a month

Volvo announced its plans of a new car subscription service a couple of months ago, and the company has now announced that subscribers can opt for a new XC40 SUV at just $600 per month under the ‘Care by Volvo’ subscription program. Notably, Volvo’s subscription plans are significantly cheaper than some of the other car subscription services launched this year. Even Porsche launched its subscription service in October.
 
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Britons spending £50 per month on unwanted subscriptions

A new study by Citizens Advice has revealed that unwanted subscriptions are costing Britons £50 per month on average. Surprisingly, this stems from the fact that British subscribers are finding it hard to cancel their subscription services. One of the most common complaints is that the businesses offer ‘free’ products and then charge subscribers a recurring fee. The UK’s Consumer Minister Margot James has acknowledged this problem. While subscribers need to be careful before accepting payment terms, this is also a lesson for subscription-based businesses to offer a smooth subscription management experience to customers.
 
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Also, read about Netflix’s new deal with Deutsche Telekom.



Image Credit - http://www.geograph.org.uk


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