Spotify U.K. reports a revenue of $312 million 01 November 2017
Spotify’s financial results for the year 2016, report that gross revenue climbed to £237 million ($312 million), up from £187 million ($247 million) in 2015. A majority of that is contributed by subscription sales, accounting for £216 million ($285 … Continue reading
The world’s richest content catalog – Netflix 01 November 2017
Netflix is expected to spend between $7 billion and $8 billion on programming in 2018. Its library of hit shows and movies will continue to drive revenue beyond the horizon. According to a review by analysts from Morgan Stanley, Netflix’s … Continue reading
Roku plans to enable video streaming on non-Roku devices 01 November 2017
Roku makes a new move towards software. Being a leading set-top box maker for a long time now, Roku plans to stream video to third-party devices. The Roku mobile app, which currently works as a control module for Roku hardware, … Continue reading
India Today launches seven new online channels 31 October 2017
India’s leading news network, India Today launched seven new digital video channels under the brand Mobile Tak (an extension of Aaj Tak), aiming to expand its digital footprint. The company, through its new channels, will focus on video content and … Continue reading
Interra Systems launches ORION – OTT Edge Performance Monitor (EPM) 31 October 2017
Interra Systems, a leading provider of software products and solutions to the digital media industry, has launched ORION™-OTT Edge Performance Monitor (EPM). The ORION is a post-production market solution with a comprehensive set of tools that the service providers can use … Continue reading
Online Video Spend Overtakes Banner Ads for First Time 31 October 2017
IAB’s latest Digital Adspend report reveals that mobile accounts for 43% of digital advertising. Mobile’s year-on-year growth was 38% and now accounts for 57% of all display ad spend, 70% of video spend, and 83% of social media spend. The … Continue reading
Netflix launches new app “DVD Netflix” to take DVD orders 30 October 2017
Yes, that’s right! Even today, more than four million customers still use Netflix’s DVD- and Blu-ray-mailing service. However, the service is only open to customers based in the US. The company now has an iOS app as well as an … Continue reading
Number of OTT video services in the US cross the 200 mark 30 October 2017
According to Parks Associates, the number of OTT video services in the U.S. has reached over 200 The firm found that 53% of internet-connected households subscribe to pay-TV and at least to one OTT service. It’s interesting to note that … Continue reading
Sony TV ropes in Hulu’s CEO 30 October 2017
Mike Hopkins is leaving Hulu to join Sony. He’ll report to new Sony Pictures Entertainment boss Tony Vinciquerra. Sony TV has been restructuring its leadership over the last year and this move comes as no surprise. Mike is being replaced … Continue reading
Roku’s streaming stick 3600R steals the deal in device market 30 October 2017
Amazon’s All-New Fire TV Stick with 4K resolution and an Alexa voice remote were released this week at $70, and it is already the best-selling new product in its category. But rival Roku had other plans. They decided to drop … Continue reading
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