�Stefan Nicola and Kristen Schweizer
▶ ▶ Sanders won’t be the Democratic nominee, but his supporters will shape the party ▶ ▶ “The groups that dominate▶…▶now are different than the ones that dominated 20 years ago”
sports programming it’s spent billions of pounds assembling. And HBO, with channels in 15 countries, said in February it’s looking for Scandinavian productions. Another challenge for the streaming services: high-quality content produced by well-funded public broadcasters. While 90 percent of American homes have pay-tv subscriptions, only about 30 percent of German households and two-thirds of those in the U.K. do. Those who pay can choose from a variety of Netflixlike streaming services, such as Sky’s Now TV and Maxdome in Germany.
The advantage Netflix and Amazon bring is their relatively modest price: In Germany, Netflix starts at €7.99 ($8.87) a month; Amazon Prime is €49 per year, which also includes music streaming and free shipping for purchases from its Web store. Cable TV, by contrast, can run from €20 to €100 monthly, though the more expensive packages typically include Internet. Netflix has joined with cable and telecom companies including Virgin Media in the U.K. and Deutsche Telekom in Germany to widen its reach in a “marriage of convenience,” says IHS analyst Ted Hall. “Households are likely to spread their entertainment budgets across a variety of services.”
The fight will be waged throughout Europe, but Germany is of particular importance as the region’s largest and wealthiest economy. And there’s plenty of room to grow: IHS says Netflix has 1 million subscribers in the country—just 7 percent of its total for Europe—and 3 million German households use Amazon’s Prime video, about 7.7 percent of the country’s homes with TVS, or a little more than half the penetration it has in the U.S. “For such a developed market, Germany was slow on the uptake,” says IHS analyst Daniel Sutton. “TV wasn’t something you pay for, it’s something you get. That’s changing, and people are more willing to pay for TV.”
Edited by Dimitra Kessenides and David Rocks Bloomberg.com The starting price of an Apple car, as forecast by Piper Jaffray analyst Gene Munster. He predicts the tech company will start selling an electric vehicle in 2021. The bottom line Netflix and Amazon, seeking a bigger share of Europe’s $44 billion pay-tv market, are creating more local programming.
Hillary Clinton’s March 15 sweep of Florida, Illinois, Missouri, North Carolina, and Ohio effectively slammed the door on the story that would have dominated this presidential primary season were it not for one Donald J. Trump: the rise of Vermont Senator Bernie Sanders to lead a movement that threatened Clinton’s path to the Democratic nomination. A self- styled “democratic socialist” and scourge of Wall Street, Sanders has gone much further than anyone anticipated. His ability to inspire the party’s liberal grass roots—which has delivered more than $100 million in financial support along with its loyalty—means that he could conceivably stay in the race all the way until the Democratic convention in July. But he won’t be the nominee. Clinton’s delegate haul now all but assures that.
Ever since Sanders began drawing massive crowds last summer, pundits have explained his strength as being primarily a product of Clinton’s weaknesses: her trouble attracting young people, her murky ties to wealthy donors and Wall Street, her inability to energize Democratic voters despite what is, after all, an historic candidacy. At the Democrats’ March 9 debate, Clinton herself seemed to accept this critique when she said plaintively, “I am not a natural politician, in case you haven’t noticed.”
Maybe not. But the true basis of Sanders’s strength has been largely overlooked: He gives voice to a set