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Netflix joins elite club as its market value reaches 12 digits

With a humongous subscriber base and an impressive first quarter, Netflix is currently shining bright as its shares surged by 10%,  setting a new record. As a result, the streaming giant’s market value stands at a whopping USD 110 billion. According to another report, Netflix is now one of the 59 companies in the S&P …

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Roku goes software way to affirm its presence in home entertainment space

Roku has announced that it will release the Roku Entertainment Assistant and a new connectivity platform called Roku Connect soon. However, unlike Google and Amazon, its sole focus will only be on software. Roku connect software upgrade will allow home entertainment speakers “to connect wirelessly and be controlled by voice commands and a single remote.” …

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Indian Digital media sector to flourish in 2018

According to analysts, falling price of 4G handsets and improved data speed will only transform the Indian digital media and entertainment startup sector. Indian digital and media industry may also see several consolidations among video streaming platform, hefty investment by international music apps and a substantial increase in subscription-based and mobile advertising revenues. While OTT …

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PIX11 now on Roku, Apple, Android, and Amazon devices

PIX11, the Tribune Broadcasting-owned digital channel has debuted on several platforms such as Roku, Amazon Fire TV, Apple TV, and Google’s Android TV via its PIX11 branded applications. PIX11 has a strong fan following across the United States and it offers Video-on-Demand content across news, lifestyle, and entertainment segment. WPIX is also set to offer …

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Apple may acquire Netflix

Sending shockwaves to the Over-the-Top (OTT) industry, Citi analysts have said that the iPhone maker may buy Netflix by taking advantage of the corporate tax cut in the United States. According to Citi analysts,  there is a 40% likelihood that Apple will acquire Netflix. Under the new taxing rules, the tech giant will be able …

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YouTube is no longer a part of Fire TV

The premature removal of YouTube from Fire TV has raised several eyebrows. While the industry was abuzz over a possible collaboration before January 1st, 2018, the date set by Google to pull the app, the early exit of YouTube from Fire TV app was something unexpected. Fast Company points out that it is Amazon who …

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OTT ‘2017 – A look back

The year 2017 has been witness to key trends and major industry movements for the Over-the-Top (OTT) industry. Globally, we have seen staggering numbers in terms of industry growth and forecast. We saw growth of cord-cutting, live streaming and the advent of new trends such as public binging, original content production, platform hybridization, etc. According …

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Discovery launches car-themed SVOD service via Amazon Channels

Discovery Communications has steered its focus clear on “Super fans” and launched a motorcar-themed SVOD service via Amazon Channels. Motor Trend OnDemand which has helmed popular online shows as well as linear TV content, has a strong presence in the US through YouTube with more than five million subscribers. The brand which is a result …

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Amazon Prime Video launch application for Android TV devices

Amazon has decided to release the Prime Video app for Google’s Android TV platform, following their app release for Apple TV. The Prime Video app was available only on the NVIDIA Shield TV. Its APK could not be sideloaded to Android TV devices either, which meant users could not access Prime Video content on their …

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Amazon Echo now supports SiriusXM and Spotify

Amazon has now enhanced its multi-room audio support by including SiriusXM and Spotify. The upgrade is from multi-room audio streaming to the ability to use Echos as an intercom system throughout the house. The support is now expanded on their support for multi-room audio, by adding support for both SiriusXM and Spotify. Earlier, this feature …