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AT&T may leave Hulu following WarnerMedia streaming service

AT&T has indicated it might sell the 10 percent stake in Hulu (US streaming service giant) that it acquired with its $85 billion acquisition of WarnerMedia. Hulu has been recently valued at $9.3 billion, making WarnerMedia’s stake worth $930 million at a time when its new parent company AT&T is working to pay down $18 …

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TV OS War: Are Apple, Microsoft & Google really interested?

The world is getting smarter. Holding an iPhone X can be a status symbol, but if you don’t have a smart TV in your living room, then an Apple flagship can hardly defend you against the troll. The global smart TV market has grown humongous in recent years and is currently valued at $135.51 billion. …

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Hulu live TV subscribers crosses 1 million

Streaming giant Hulu has surpassed 1 million subscribers for its Live TV service. The live streaming service was launched in May 2017 and it offers more than 60 live and cable channels. Packaged at $40 for month, Hulu with Live TV had reached 800,000 subscribers in May. Hulu has more than 20 million overall subscribers …

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Showtime, Hulu part of Spotify’s students package

Swedish streaming giant Spotify along with video streaming service Hulu has added Showtime to its student discount bundle. The deal is an improvement to the previous package which was priced at $4.99 per month. Now, if students subscribe to the bundle instead of subscribing individually to the three services, subscribers will save $25 per month …

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OTT service BritBox surpasses 150k subscribers

BritBox, the American OTT service has bagged 150,000 subscribers in the last six months which has taken the total subscriber count of the streaming service to 400,000. BritBox is currently competing with Netflix, Prime Video, Hulu, etc. Tim Davie, Endemol Shine Chief Executive at the IBC technology conference said, “We’re not trying to beat Netflix …

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OTT services hold steady in US

According to research, the rate of cancellations for OTT platforms among the U.S. broadband households has been steady at 18% over the past three years. The average subscription length for OTT platforms is 30 months overall. SVOD giants such as Netflix, Amazon Prime Video, and Hulu have been among the most stable platforms with other …

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People tuning in for live streaming platform in US

According to reports, live streaming is on rise in US as more people cancel their cable subscriptions. Around 42 percent of people prefer live stream content, which is up from 25 percent in 2017. The content most likely people prefer tuning in live are regular-season sporting events, television shows, and influencer-led streams. The rise of …

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OTT spend set to propel video and global TV spendings to $559BN by 2022

According to reports, the global consumer and advertising spend on TV and video is predicted to rise to $559 billion in 2022, up from $490 billion in 2017. The revenue generated from over-the-top services such as YouTube, Facebook, iflix, iTunes, Netflix, Google Play, Amazon Prime Video, DirecTV Now, Hulu, NOW TV, and other online video …

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Online streaming platform Hulu might post loss of $1.5 billion in 2018

American entertainment giant, Hulu is on track to lose nearly $1.5 billion in 2018, a 71 percent increase in losses from a year ago. In 2017, Hulu reportedly had suffered a whopping loss of $920 million. During the second quarter of 2018, the online streaming platform had lost $353.3 million and had suffered $436 million …

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OTT services is on rise among UK, US and the Philippines audience

According to reports, OTT services are rising among US, UK and the Philippines consumers. The rise of SVOD platforms such as Amazon prime, Hulu and Netflix, original content consumption, easy sign-up, content recommendation, billing flexibility, and ability to stream the favorite show anytime have led the growth of OTT in the region. The report further …

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