BBC admits iPlayer has lost streaming fight with Netflix

The BBC has admitted iPlayer has lost the battle with Netflix for streaming audiences, warning it risks irrelevancy unless it is allowed to make changes that will let it show more programmes for up to a year. “In today’s media landscape, audiences do not understand why programmes drop off BBC iPlayer after 30 days, or why sometimes the first episodes of series are not available,” the corporation said. Five years ago, iPlayer had a 40% share of the UK streaming video market, but this has declined to 15% following the explosive growth of Netflix and other streaming services, with further falls expected unless it is allowed to make urgent changes – potentially putting the corporation’s future at risk.

Source: www.theguardian.com