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Russian OTT Services subscription revenue outruns advertising

According to a report by Telecom Daily, Transactional and Subscription income for Russia’s streaming services superceded advertising revenues in the first half of this year. Total income from streaming services in the first half increased by 70% to hit RUB 5.3 billion. Revenues are expected to grow to RUB 11 billion this year. Apparently, the …

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GOMUSIC partners with Warner Music for live concert streaming

GoMusic streaming service has collaborated with Warner music for live streaming concerts of various top artists in Latin American markets which is predominantly where GoMusic is operational. Top artists including Coldplay, Pablo Alboran, Madonna, Led Zepelin, Linkin Park, Green Day, Eric Clapton, Michael Bublé, Maná, and Alejandro Sanz to name a few are associated with …

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Entertainment Studios to introduce Streaming OTT Sports Platform

Entertainment Studios plans to introduce a direct-to-consumer global OTT subscription service called Sports.TV. According to the company, Sports.TV will combine all independent sports networks on one platform. Also, it will be available on all devices including smartphones, tablets, smart TVs, gaming consoles, personal computers, and laptops. Sports.TV will be available on all devices, including smartphones, …

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Google Chromecast the top Over the Top device in EMEA

According to a new study by video infrastructure technology company Bitmovin, Google Chromecast is the leading Over the Top device in EMEA. It has 37% adoption among developers in Europe, the Middle East and Africa. Amazon is in third place with 15% of the market, with Roku coming a close second with 8% share. Chromecast …

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Fox+, Chunghwa Telecom collaborate on OTT services

Chunghwa Telecom has partnered with video streaming platform Fox+ to offer OTT services in the local market. The partnership will initially be inclusive of an OTT mobile value-added service. An integrated platform merging its Mobile on demand (MOD) service with Fox+ OTT platform is to be launched by Chunghwa Telecom. Chunghwa Telecom will hold exclusive …

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Cord cutting on the rise

An entire generation of cord cutters has been generated, thanks to how easy and relatively cheap it is to access an online streaming service such as Netflix, Hulu and Prime Video. Some statistics from Statista reveal the following: 61% of adults 29 and younger use an online streaming service as their primary mode of watching …

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Amazon Prime music expands its offering in UK

Amazon Prime’s music streaming service has expanded to UK with addition of radio stations and on-screen lyrics for its users. Tons of online radio stations have been added for users to enjoy a wider variety of music. X-Ray lyrics is another feature that lets users sing along to their favorite songs, kind of like karaoke. …

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Audio streaming on the rise from 8% to 45%

According to the latest music consumer insight report published by the International Federation of the Phonographic Industry’s (IFPI), there is a rise in the number of music consumers across the world that are listening via licensed audio streaming services.   The survey of internet users aged 16-64 in the world’s leading music markets revealed the …

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Western Europe to hit 65 million SVOD subs

SVOD revenues in Western Europe will rise to $6.5 billion by 2022, a rise from $2.8 billion in 2016 surpassing AVOD, according to Western Europe OTT TV & Video Forecasts report. The total revenue for OTT TV episode and movie revenues for 18 Western European countries will hit $14.65 billion in 2022 which is more …

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Video viewing for UK smartphone users on the rise

According to a research by Deloitte, the percentage of UK adults streaming video on smartphones has grown 5 times in the last five years. Some findings from the study include: 57% of smartphone owners in the age group of 18-75 watched at least one video on their smartphones on a weekly basis. Smartphone ownership is …

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