CBS, through its acquisition of Ten Network, enters a crowded market for streaming services in Australia, where it will face competition from Netflix and several local platforms. The most-watched US network enters a crowded market for streaming services in Australia, where it will face competition from Netflix Inc. and several local platforms. With Netflix and other streaming services grabbing audience share, CBS will turn Australia into an overseas test market for its video-on-demand service. In the US, CBS All Access includes a live feed of the TV network as well as on-demand shows. Like Netflix, CBS is also making some original shows for the service and plans to release a new Star Trek show on the platform in September.

Source: Mint August 28, 2017 07:07 UTC