Twitter writes off its investment in SoundCloud 28 February 2018

Twitter has written down almost $70 million investment in SoundCloud referring that digital music industry is a challenging industry to rake in. Jack Dorsey, CEO Twitter, invested in music streaming service SoundCloud in 2016 and has written off the deal … Continue reading

Number of free content downloaders in Denmark reduce to 24% 27 February 2018

Good content comes at a cost and the hunger for good content is certainly there among Dutch OTT consumers. Only 24% of Dutch people have downloaded free video content such as films, series, music, or games during last year, a … Continue reading

Zattoo expands to Asia Pacific with Singapore office 27 February 2018

Zattoo TV Solutions has expanded its service in the Asia Pacific Region. Zatto is eyeing a strong and sustainable business in this part of the world while basing out of Singapore. Zattoo has already expanded its business to the US … Continue reading

Facebook’s deal with ICE hints at its own music streaming service 26 February 2018

Interesting deals gain your numbers in the stock market and shares of Facebook gaining more than 1.3% in trading hours last week re-establishes the fact. Facebook struck a deal with ICE, a pan-European online music licensing firm which was described … Continue reading

Facebook to have its own Alexa 26 February 2018

The thriving success of Google Home and Alexa have prompted the social media giant Facebook to come up with its own smart speaker and if rumors are to be believed, it may see the daylight in the upcoming summer itself. … Continue reading

Lightbox TV to launch VoD platform 26 February 2018

Lightbox TV is all set to launch “Lightbox Movies, a video-on-demand movie service with a pay per view model. It is also expected to launch a tiered service soon which will have a standard and premium subscription. A Transactional Video … Continue reading

Kwese buys “significant stake” in iflix 26 February 2018

Pay-TV provider Kwese acquires a “significant stake” in iflix Africa. Kwese, the Econet Media-owned company which was already in an existing relationship with iflix was a partner in launching Iflix’s SVOD service in sub-Saharan Africa. iflix is currently operating in … Continue reading

Sling TV registers 2.2M Subscribers in 2017 23 February 2018

Dish Network-owned OTT platform Sling TV registered 2.2 million subscribers in 2017. This is for the first time that Dish has disclosed its customer count and also it claimed to have registered 11.03 million customers during the year. The Sling … Continue reading

90% of users prefer to watch online content on mobile:Hotstar report 23 February 2018

Hotstar, the OTT platform of Star India reports that affordable data charges are resulting in promising growth for OTT consumption in mobile with close to 90% of users preferring to watch online content on smartphones, tablets etc. Hotstar report also … Continue reading