AT&T and Chernin Group Commit $500 Million to Take on Netflix

Roshan Dwivedi Published on : 22 December 2014

AT&T and media investment firm The Chernin Group are putting up $500 million for creation and development of video streaming services. The companies would look “to acquire, invest in and launch” so-called over-the-top (OTT) services that provider consumers with online content. The strategic goal of this initiative will be to invest in advertising and subscription VOD channels as well as streaming services.

Why drive traffic to 3rd party Video streaming sites like YouTube and Vimeo? Launch your OWN Video Streaming Platform and OWN & Monetize your own Traffic with the help of Muvi Studio.

Read the entire story here.

Written by: Roshan Dwivedi

Add your comment

Leave a Reply Cancel reply

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com

Your website will be at https://yourname.muvi.com, you can change this later.

I agree to Muvi's Terms & Privacy Policy.

Upcoming Webinar

August 14

9:00AM PST

Healthcare OEMs : Transforming as Digital Partners with OTT Solutions.

The Bain & Company Report talks about how the role of OEM’s (Original Equipment Manufacturers) is changing to become a Digital Partner. This implies that healthcare OEMs are…...

Event Language: English

30 Minutes