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

17% people in the US are dependent on SVOD platforms to watch Video 02 August 2018

According to reports, 17% of the U.S. consumers rely solely on SVOD services to watch online videos which are 6% up than the previous year’s number. While the millennials prefer to stream online videos and 42% of adults aged 25 … Continue reading

Pandora’s paid subscriber base grows 01 August 2018

Music streaming company, Pandora Media has reported a growth in paid subscribers for the second quarter of 2018, thus driving its shares 12 percent higher. Facing competitions from bigger rivals such as Spotify, Google Play Music and Apple Music hasn’t … Continue reading

Spotify terminates alliance with Adswizz platform after Pandora acquisition 01 August 2018

Music streaming giant, Spotify is terminating its partnership with digital audio advertising platform AdsWizz since Pandora acquired AdsWizz in March. Winding up its agreement, Spotify remains dedicated to offer advertisers automated solutions to access engaged audience through its self-service ad … Continue reading

Unlock the potential of Distributed Ledger Technology in OTT industry 01 August 2018

The digital landscape is constantly evolving. Everyone is gushing over Blockchain’s Digital Ledger Technology (DLT) that has brought transformation in the way organizations conduct their business transactions in recent years. The “crypto craze” around is the result of the $600 … Continue reading

OTT subscriptions go up annually in Australia 31 July 2018

According to research reports, the Australian subscription on-demand market continues its upsurge. It has reached a strong base of 9.1 subscribers at the end of June 2018, with an increase of 54%. In the same period, SVOD revenues grew up … Continue reading