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China Media Capital to take a stake in VR start-up NextVR

Virtual Reality is definitely taking up swiftly. NExtVR, a video streaming platform broadcaster of live events as well as VR headsets, is currently in a phase to acquire funding. The startup has successfully raised $80 million and is now looking over Asian markets to reach. The Shanghai investment group, China Media Capital (CMC) has also acquired …

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A deeper look at the future of OTT Video Streaming Market in Asia

Asia, undoubtedly is a highly potential video streaming market. As with the booming technology and the internet penetration of 40.2%, it has peaked in $2,490 million revenue for the year 2016 and is expected to touch US $5,017 million by 2020. Let’s take a look deeper into the future of OTT TV and Video streaming …

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Netflix on the verge to conquer the China Deal

Netflix the biggest video content distributor in many parts of the world has been struggling to enter China territories since long. But it looks like, they are on their way. According to a recent report by TechInAsia, Netflix is soon going to sign up with LeEco for streaming their content in China. LeEco’s co-founder Liu …

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Video on Demand in Hospitality Market to grow to USD 19.11 billion by 2021

MarketsandMarkets forecasts the VOD in hospitality market to grow from USD 6.89 billion in 2016 to USD 19.11 billion by 2021, at a CAGR of 22.6%. OTT solutions can be integrated with existing video on demand systems so as to streamline the management of streaming VOD. The integration of over the top solution allow users to watch movies videos, …

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Online video market in China has grown at a CAGR of over 70% since 2013

iResearch, the online video market in China has grown at a CAGR of over 70% since 2013 to become a RMB 14 billion ($1.8 billion) market by the end of 2015.  One of the key factors driving the online video market in China include internet penetration, which has increased from 35% of the population in …

VOD subscribers for iQIYI double since 2015

The number of subscribers to iQIYI’s video-on-demand service has doubled since the beginning of December 2015 which, says a company statement, signifies ‘a significant trend in China that more people are willing to pay for good content’. “Reaching the 20 million in paid subscription indicates the strong demand among Chinese online viewers for paid video …

Live Streaming Phone Apps Explode in China

Millions of people in China are now sharing parts of their lives with the world by broadcasting live video on their phones. There are more than 80 apps for live video streaming sites in China, and the number keeps growing. Twitter’s Periscope and Facebook Live are undoubtedly the most popular ones. The country also has …

21st Century Fox partners Chinese VoD giant YOU On Demand to distribute content

21st Century Fox Studio’s distribution arm 20th Century Fox Television Distribution has finalized a licensing agreement with Chinese VoD service provider YOU On Demand to bring it’s titles like ‘The A-Team’ and ‘Black Swan’ to China, through  YOU On Demand’s Subscription VOD (SVOD) platform and service, via mobile, Over-the-Top (OTT), digital cable and IPTV. Read …

Alibaba Launches Internet TVs In China With Haier

Alibaba Group Holding Limited, the Chinese giant company has now expanded its venture by offering new television sets, complete with shopping and entertainment features. Alibaba and its partner Electronics  launched new TVs in Wednesday that provide users with access to the e-commerce company’s Taobao and Tmall online marketplaces as well as movies and video games. …

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