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Netflix to spend $500 million in the next 5 years on Canadian content

According to a report from CBC, Netflix is set to spend atleast $500 million over the next 5 years for funding original Canadian content. This would perhaps benefit both Netflix as well as the federal government. The Canadian government has been pressured by traditional TV providers for imposing a tax on the popular streaming service …

Global pay-TV subscriber base hits 1.05BN at the end of Q2 2017

60 million customers were added to the total number of pay-TV customers in the first half of the year according to research from Dataxis. IPTV and Linear Over the Top represent the major growth in the market of 1.05 billion with a per quarter growth of 24% and 44% respectively. Only 1% of the total …

Pay-TV service subscriptions drop to below four-fifths

According to research from Leichtman Research Group, the percentage of TV households that subscribe to some form of pay-TV service has dropped to below 80% for the first time since early 2000s. 79% of US TV households undertake pay-TV with 92% of TV households that have a pay-TV service and/or an over-the-air antenna. Pay-TV percentage …

Spain tests 5G with live 4K broadcast

Orange and Ericsson have tested a pioneering 15Gbps mobile connection in Spain via a live Ultra HD broadcast. This test was conducted inside a moving vehicle in an urban environment and was the first real 5G test in the country.

Netflix to offer streaming service in airlines

Netflix has announced its plan to collaborate with airlines and share their mobile streaming technology with them. The airline’s in-flight Wi-Fi would let passengers download and stream their favorite shows on their own devices while they are traveling to their destination. Carriers can save up to 75% on bandwidth costs. Wi-Fi is now brought to …

Demand Africa SVOD service to be introduced in October

A new streaming video service, Demand Africa will be launched and will offer 300+ hours of streaming original and acquired lifestyle content and will expand in the following months to include hundreds of hours of scripted TV series and movies. In addition to premium HD streaming video, Demand Africa will feature free access to short-form …

Golden Karavan launched to create a stir in the Indian OTT market

Golden Karavan which is being touted as the potential Netflix of India is being launched. The company believes that since there is a drought of quality content, combining resources of US and India would enable filling this gap. The service is claimed to be a first-of-its kind, Indian-focused OTT TV Company. This service is intended …

Russia’s SPB TV collaborates with China Daily for on demand content

The China Daily will collaborate with Russia’s SPB TV for producing digital content for it’s Over the Top (OTT) platform. The two companies have signed a license agreement granting international rights on Video on Demand (VOD) content, consisting of entertainment, documentaries, and news. The content provided in English or local languages will be made available …

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 …

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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