FOX Sports launches Australia’s newest streaming service Kayo

FOX Sports launches Australia’s newest streaming service Kayo In this week’s subscription roundup, we first look at FOX Sports which is aiming to change the Australian sports viewing landscape through its new streaming service Kayo. Can Kayo transform the way sports are watched in Australia? Next, we look at Tableau which is reaping rich dividends following its move to the subscription model. Subscription music service Pandora also enjoyed a successful Q3 with $417.6 million in revenue, whilst Apple seems to be moving away from focusing on hardware alone and placing a greater emphasis on services. Lastly, we look at subscription giant Netflix which is looking at boosting Asian content to attract more subscribers.

Is Kayo the Netflix of Sports?

FOX Sports has launched a new video streaming service in Australia called Kayo. Currently in beta, but now open to the general public, Sports fans down under can get access to more than 50 sports offered by FOX Sports, ESPN and Bein, starting at AU$25 per month. Kayo has largely been receiving positive reviews from sports lovers in Australia. Notably, ESPN also launched a sports streaming service earlier this year.

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Tableau scores with the subscription model

Business intelligence platform provider Tableau Software has been enjoying a lot of success after refocusing its business model towards subscriptions. Tableau’s annual recurring revenue stands at $762.6 million according to the latest numbers, up 45% over the previous period. Subscription annual recurring revenue, which accounts for 48% of the total annual recurring revenue, stands at $362.4 million, gaining 26.4% on the previous year.

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Pandora beats expectations with strong growth in subscription revenue

Even as arch rival Spotify saw a modest growth in subscribers this quarter, Pandora has posted strong quarterly results with paid subscriptions generating close to 30% of its revenue in Q3. While Pandora’s 6.8 million paying customers are a far cry from the numbers of Spotify and Apple Music, the company grew its subscription revenue by 49% year-on-year, with a total of $125.77 million this quarter.

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Is Apple slowly becoming a services company?

Despite a healthy quarter, Apple’s fortunes on Wall Street took a tumble as the company announced a major shift in its quarterly reporting structure. The Cupertino-based tech giant decided to stop giving out the number of iPhones, iPads and Macs it sells every quarter, instead opting for a consolidated revenue figure. More importantly, it announced that it will report a new metric called the Services gross margin – a number that will indicate profits generated through its services such as Apple Music subscriptions, Apple Pay and App Store revenue. It seems that Apple is slowly moving away from its positioning as a hardware player and leaning more towards growing its high-potential services business.
 
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Netflix ramps up Asian content to attract international subscribers

Netflix has announced that it will make 17 original shows in Asia including Chinese and Thai language shows. The move, which also includes 9 productions in India, seems to be aimed at international customers as subscriptions from developed regions face a slowdown. Netflix’s quarterly earnings report also clearly indicated that more of its new subscribers are coming from outside the US. Incidentally, Netflix has also teamed up with South African telecommunications company Telkom with its offerings set to be available on Telkom’s LIT TV Box later this year.

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Also read: Toyota plans car subscription service in Japan
 
(Image credit: Wikimedia Commons)