ITV invests $1 billion on new SVOD platform 09 August 2018
ITV has collaborated with leading technology companies, Hollywood studios, Wall Street banks, independent studios, and strategic partners in raising $1 billion for a new SVOD platform. The main objective is to bring back an ambitious new online video streaming service … Continue reading
TLD3 aims to move into wireless audio streaming market 08 August 2018
TLD3 Entertainment Group has closed the acquisition of assets of Digital Legend, a developer of wireless audio streaming and music social network software. With this acquisition, TLD3 will now own and control the global marketing and development rights to Mbox … Continue reading
Pen India prepping for own OTT platform 08 August 2018
According to reports, Pen India is planning to come up with an OTT platform to expand its reach across TV and digital verticals. The proposed SVOD platform may get launched in the coming six months and will be named Plan … Continue reading
CBS All Access predicted to touch 8 million subscribers by 2022 07 August 2018
OTT giant CBS All Access is forecasted to double its OTT subscribers figures to 8 million subs in 2022. With SVOD platforms focused on churning out original content, CBS All Access is all set to increase its original content production … Continue reading
OTT platform Cosmote TV GO goes live 07 August 2018
Cosmote TV, the Greek pay-TV service owned by telecommunication operator OTE has launched Cosmote TV GO, an OTT Platform which will be available in a total of three packs. The packs include Cosmote TV GO Documentaries, Cinema, and Sports costing … Continue reading
Roku records platform revenue growth as OTT market rises 06 August 2018
Online streaming giant Roku’s OTT platform revenue is currently booming with triple-digit growth in the last quarter. Reportedly, Roku had a 46% y/y increase in active accounts and 42% y/y growth in revenue per active account. Growth of online Video … Continue reading
Zee’s Arabic OTT platform Weyyak off to a good start with 3M users 06 August 2018
Zee’s Arabic OTT service Weyyak registered a whopping 3 million users under its belt in the first year of its service that kickstarted in May 2017. The online video streaming platform recently was in news for inking a deal with … Continue reading
Music streaming service Deezer adds $185 Million, enters partnership with Rotana 03 August 2018
Music streaming giant Deezer has raised $185 million from both new and existing investors. The Paris based streaming service announced that the cash injection took Deezer’s valuation past the €1 billion mark. Earlier, Deezer had struck a partnership with Dubai … Continue reading
Comcast customers soon to have Prime Video access on Xfinity X1 03 August 2018
According to reports, Comcast customers now can enjoy SVOD service Amazon Prime Video on Xfinity X1. Comcast, the American telecommunication conglomerate has come to an agreement with the OTT service provider that would enable Comcast customers to have an access … Continue reading
CBS hints at launching live streaming service 02 August 2018
CBS is planning to launch its new live streaming news service to cater to more audience needs. CBSN Local, the 24/7 live streaming service will cover anchored news and breaking events from major markets. It is most likely to first … Continue reading