US OTT subscription goes up to 6.7 million subs in 2018 Q2 23 August 2018
According to reports, the number of people subscribing to OTT service (over the top) in US has increased by 868,000 in the second quarter of 2018. Currently, it has 6.73 million subs, up by some 119 percent year on year. The report … Continue reading
Genie Music introduces 5G music streaming platform 23 August 2018
Telecommunications provider KT’s affiliate, Genie Music is all set to launch a new music streaming platform using fifth-generation (5G) networks. With an aim to capitalize on the ever-growing mobile music market, the music 5G platform will feature both music streaming … Continue reading
Unlike leading music streaming platforms, Napster records profit in 2018 22 August 2018
Online music streaming service Napster has recorded a net profit of $4.4 million and $2.1 million respectively in the first two quarters of 2018. The number surprises all as Napster has managed to score a handsome profit despite a steep … Continue reading
CBS All Access sets its foot on Amazon Prime 22 August 2018
CBS All Access is now available on OTT platform Amazon Prime and the Prime members in the US will be able to access its content across more than 600 devices on the Prime Video app for TVs, gaming consoles, set-top … Continue reading
Eastern European OTT revenue set to rise in 2023 21 August 2018
According to research reports, OTT revenues for 22 Eastern European countries will reach $3.51 billion in 2023, triple the amount $1.01 billion recorded in 2017. Russia will account for 40 percent of the region’s OTT TV episode and movie revenues, … Continue reading
China drives APAC OTT growth 21 August 2018
According to reports, OTT revenue will grow at an 18% CAGR across the Asia Pacific between 2018 and 2023. The revenue includes net Ad spends and subscription fees. In the APAC region, China accounts for more than 60% of online … Continue reading
Audius use blockchain to bridge gap between music artists and listeners 20 August 2018
San Francisco based digital music and audio creation company, Audius is all set to use blockchain technology to reclaim value for music artists and listeners. Music creators will have real-time visibility and transparency into their streaming content. Using audio streaming … Continue reading
OTT giants collaborate to drive growth of video content in India 20 August 2018
Telecom giant Bharti Airtel and entertainment behemoth Zee Entertainment have inked a deal to drive the growth of (over-the-top) OTT video content in India. As part of the deal, Airtel and ZEEL will collaborate to create digital content and cater … Continue reading
Juventus goes digital, debuts with OTT platform Juventus TV 17 August 2018
Juventus, the Italian football behemoth brings down the curtain on its linear TV channel and has instead decided to go digital following the over-the-top (OTT) trend across the globe. The Turin based club cited disappointing ratings and high production cost … Continue reading
SVOD platform iflix partners with Wattpad to boost Indonesian content 17 August 2018
Subscription video-on-demand or SVOD platform iflix has signed a strategic deal with global entertainment platform, Wattpad for an extensive content production. Under this agreement, iflix will co-produce original films related to some of the six million Indonesian story uploads on … Continue reading
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