Industry Updates

Spotify expands into the audiobooks market by partnering with Storytel 21 May 2021

  Spotify partners with Storytell to stream its audiobook content via the Spotify app. Recently, Spotify introduced Open Access Platform ( OAP) to give publishers and creators a new platform to deliver their content by streaming it on the Spotify … Continue reading

Netflix expands its podcast space to increase viewing habits 20 May 2021

  Popular streaming giant, Netflix, is expanding its podcast space to increase user engagement beyond the watch time of its TV shows and movie content. According to sources, the streaming giant has started to engage with multiple pitches from outside … Continue reading

Roku records 53.6 million active accounts in Q1 07 May 2021

  Roku hit 53.6 million active accounts in its first quarter, recording a 35% growth. Top financial forecasts expected Roku’s revenue to hit $490.6 million in Q1 2021, but Roku outgrew this figure with its revenue hitting 79% higher to … Continue reading

SVOD players focus on tailored content to increase sign-ups among older audience 06 May 2021

  The highest growth in VOD viewing comes from age groups 35 and over. While the competition remains stiff between Linear TV and OTT, the rise in VOD viewing is a sign that older viewers could consider SVOD platforms based … Continue reading

Discovery and Hulu strike a long term carriage deal 05 May 2021

  Discovery and Hulu have signed a long-term deal stating two factors, one being Discovery channels will continue to broadcast on Hulu Live TV. The second is the transfer of Discovery’s popular content from Hulu’s video streaming platform to Discovery+. … Continue reading