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Price increases also hit Canada, Portugal, and Argentina. Netflix's ability to implement successive price hikes without significant churn speaks to its strong content slate and entrenched market leadership. However, as competitors like Disney+ and Amazon Prime Video also raise prices, consumer patience may be tested. Engagement drivers: Content and strategy evolution show clear momentum.

Amazon will get a growth boost from its OTT video service. Amazon will benefit from a new kind of growth model in 2024, thanks to its ad-supported video-on-demand initiative with Prime Video. By the end of the year, Amazon will have transitioned most of its OTT viewers to an ad-supported subscription tier in the US, Canada, Germany, the UK, France, Mexico, and several other major markets.

TikTok鈥檚 rapid entry onto the social scene in Canada makes it a prime venue for marketers to increase investment. Brands of all stripes should test new ad formats, work with creators to engage audiences, and aim to trigger social commerce transactions from TikTok.

While the battleground is currently in Japan, it could soon expand to the US and Canada, where Meta is currently the dominant player. Meta will have a hard time competing with Sony on VR gaming and ByteDance on video-focused content. Therefore, it needs to start building a competitive advantage in remote work and collaboration ecosystems.

The news: National Bank of Canada received final approval from the Canadian minister of finance to acquire Canadian Western Bank, per a press release. National Bank is currently the sixth-largest bank in Canada, with C$462 billion ($321 billion) in total assets. Acquiring Canadian Western will add C$42.5 billion ($29 billion).

Our take: The incoming Trump administration鈥檚 mandate to raise tariffs on China, Mexico, and Canada has already resulted in China banning rare mineral imports to the US, putting companies like Nvidia on the defensive. This article is part of 蘑菇AV鈥檚 client-only subscription Briefings鈥攄aily newsletters authored by industry analysts who are experts in marketing, advertising, media, and tech trends.

Streaming music, podcasts, and radio apps have changed the complexion of audio listenership in Canada. Over the past decade, digital audio has grown to a level that now rivals the traditionally strong radio listener base.

In 2024, traditional TV accounted for less than half of US total video subscription revenues for the first time. Its share of video subscription revenues will slip to about one-third by the end of our forecast in 2028. During that period, digital pay TV鈥檚 share of video subscription revenues will grow from 13.2% in 2025 to 15.4% in 2028.

Usage of the internet, smartphones, and tablets is comparatively high in Canada due to the pervasive digital infrastructure.

According to Fintel Connect, affiliates believe the biggest growth opportunities lie in deposit-generating products in the US and in debt-related products in Canada. We agree, because:. US Gen Zers鈥� top financial priority is saving. Canadian banks鈥攍ike those in the US鈥攁re still grappling with loan losses caused by high levels of defaults from customers paying back their debt.

The Canada-based checkout platform boasts a customer base of 90,000 brands across 170 countries. It should help PayPal bring in greater payments volume, which will in turn boost revenues: PayPal鈥檚 total revenues increased 6% YoY in Q3 2024 to $7.8 billion.

The survey was conducted in Australia, Belgium, Brazil, Canada, China, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Luxembourg, Mexico, Netherlands, Norway, Poland, Saudi Arabia, Spain, Sweden, United Arab Emirates, the UK, and the US.

The president-elect recently said he would impose tariffs of 25% on Mexican and Canadian imports and an additional 10% on Chinese imports. During the campaign, Trump had proposed tariffs as high as 60% for Chinese goods, but business and inflationary concerns could have softened his approach.

Wayfair plans to reinvest savings from the restructuring across several key initiatives, including investing in its remaining international markets鈥�Canada, the UK, and Ireland鈥攁nd doubling down on physical retail. Since the retailer opened its first physical store last year outside Chicago, online sales to customers who live near the store have increased.

Amazon will get a growth boost from its OTT video service. Amazon will benefit from a new kind of growth model in 2024, thanks to its ad-supported video-on-demand initiative with Prime Video. By the end of the year, Amazon will have transitioned most of its OTT viewers to an ad-supported subscription tier in the US, Canada, Germany, the UK, France, Mexico, and several other major markets.

Tariff threats are also creating ripple effects around the world: They contributed to Canadian Prime Minister Justin Trudeau鈥檚 resignation and increased the likelihood that Chinese policymakers will allow the yuan to weaken. Our take: The impacts of Trump鈥檚 tariffs are already being felt鈥攅ven before their shape and structure are known.

Following his inauguration, Trump promised 25% tariffs on Canada and Mexico starting February 1, which could lead to costlier claims for auto insurers. But the president appears to be walking back some of his campaign promises of sweeping tariffs, per Bloomberg.

Netflix began testing its new password restrictions in parts of Latin America in March 2022 and has since expanded them officially to Canada, New Zealand, Spain, and Portugal. Netflix anticipates cancellation backlash in the near term鈥攁s do we鈥攂ut expects numbers to eventually rebound in both memberships and revenues based on its experience in Canada.

Even though new users will be hard to come by in the US, Canada, and much of Western Europe, that doesn鈥檛 mean sub OTT is stagnating overall. Lots of new consumers are still on the way. Read Next.

Not its first rodeo: Best Buy aims to learn from its experience operating an online marketplace in the US from 2011 to 2016, as well as its marketplace in Canada. The retailer鈥檚 previous marketplace only drove about 1% of domestic revenues and led to confusion among consumers who bought items from third-party sellers then tried to return that merchandise to the retailer鈥檚 stores.

Even premium TV brands like LG are now showing ads on screensavers, joining other video platforms in monetizing this idle screen real estate. But will these ads actually move the needle for advertisers?