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Apple hints at own Video-on-Demand (VoD) service

Apple inches towards its own video-on-demand streaming service with a multi-year content deal with few Hollywood biggies who will steer the tech giant’s content library in the initial phase. Apple is aiming to counter SVOD spearheads Netflix and Amazon Prime Videos who are currently ruling the OTT industry. Apple’s much-touted VOD service will cater in …

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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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Apple responds to Spotify with a new dashboard for artists

In response to arch-rival Spotify’s products for artists, Apple has launched a new dashboard which will allow artists on Apple Music to track fans’ listening and buying habits. The dashboard is called Apple Music for Artists and is available to select beta users before it gets a bigger launch later. In April 2017, Apple had …

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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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Apple to invest $4.2 billions on original content

According to a report by Loup Ventures analyst Gene Munster, Apple might end up investing around $4.2 billion in original content by 2022. Munster sees the company rebranding Apple Music in the next 2-3 years to grow beyond just songs. An excerpt from his report reads, “Apple should be able to quickly expand their sub …

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Eros to sell its content library to Apple

Eros Group, the largest movie producer in India, is in discussion with Apple Inc., to sell its entire content library for around $1 billion. A deal may also include their digital OTT platform, Eros Now, billed as the Netflix of Bollywood. If the deal goes through, Eros India’s library of over 3000+ films would give …

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Global music streaming on the rise

As per research outfit TechNavio, the global music streaming market is set to grow at a CAGR of more than 14% during the forecast period. Apple, Deezer, Google, iHeartMedia, Pandora Media and Spotify ranked as the top music streaming providers. The reason for this exponential growth could be attributed to new features offered by music …

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Movie rental service to be launched early next year

Comcast and Amazon are joining hands with Apple to develop a delivery system for offering premium VOD titles that are available for home viewing in as less as 30-45 days after debuting in theatres. This is less aggressive than some studios that might want to offer a system for delivery of VOD titles. The suggested …

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Apple sets its sights on original content

Apple is going to invest $1 billion in original video content in 2018. Apple has huge investments in TV and mobile devices as well as digital download and streaming services. So this step of entering into original content makes complete sense. In its venture to invest in original content, the streaming giant is luring talent …

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Eros may sign a deal with Apple for $1 billion to sell its OTT platform

Eros’ OTT platform Eros Now may be sold to Apple Inc including its entire content library of films and music for around $1 billion. Eros is also in talks with rival big players like Amazon and Netflix. Eros Pls is the firm that manages the overseas distribution of movies, which includes Eros Now and owns …

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