Lotte Cinema to begin OTT service in June 09 April 2018

Lotte Cinema, the leading multiplex unit of South Korea will be embarking on its OTT journey to avoid the potential stagnancy in the number of cinemagoers. The company is planning to create a growth engine after witnessing a decrease in … Continue reading

Netflix in talks with Reliance Jio for content sharing 09 April 2018

Streaming giant Netflix and Indian Telco spearhead Reliance Jio are in talks to collaborate where the former would share its entire content catalog of titles to Jio in return for a royalty fee or that the online streaming service will … Continue reading

NTV+ witnesses strong growth for OTT TV 06 April 2018

Russian pay TV provider NTV+ has grown 3.5 times in the first quarter of 2018 totaling the subscriber count to 41,000 which has made the OTT platform, the group’s fastest growing business area. The video-on-demand service is available to both … Continue reading

Spotify registers smooth debut on NYSE 06 April 2018

Swedish Audio streaming giant Spotify went public this week on the New York Stock Exchange and registered a smooth debut by ending up 12.9% on the first day. Spotify’s share opened at $165.90, up nearly 26 percent from a reference … Continue reading

CNBC TV18 to set up OTT platform 05 April 2018

CNBC TV18 is all set to come up with an OTT platform that will keep its audience up-to-date with breaking the business and financial news on a range of connected devices. Binoy Prabhakar, Editor, Network18, quoted, “I’m thrilled to lead … Continue reading

Motorsport.tv partners with fuboTV for content distribution 05 April 2018

Motorsport.tv has formed an agreement with fuboTV, one of North America’s veteran sports OTT Platform provider. Motorsports.tv will be adding its premier North American racing packages to fuboTV’s “Adventure Plus” package to cater to an approx 150,000 sports fans. fuboTV … Continue reading

Fox+ to debut in Brazil 04 April 2018

Following the successful debut in Mexico, Fox+ is all set to debut in Brazil which will include all basic and premium content from a portfolio of 11 Fox channels. The bouquet will also have live sports events which are a … Continue reading

Netflix, Telefonica extend partnership in Brazil 04 April 2018

Netflix and Vivo, Telefonica’s Brazilian wing have extended their agreement of video-on-demand (VOD) service for mobile subscribers. Netflix, as per the contract will be bundled to Vivo Turbo and Controle wherein the subscribers will have certain data to spend on … Continue reading

Cord-cutting triples in the US since 2013 03 April 2018

According to reports, the number of US households using (over-the-top) OTT service has seen a gigantic growth since 2013 and as a consequence, the no. of cord cutters in the country has tripled accordingly. While five years ago streaming-only homes … Continue reading