Streaming services have completely changed the dynamics of the media & entertainment industry in UAE. With more & more millennials opting for on-demand video streaming services, the traditional TV sector is expected to disappear over the next 5-7 years. Maaz Sheikh, Starz Play, CEO said: “Traditional TV will phase out once millennials become the decision …
According to Leichtman Research Group’s report, video streaming services including Netflix, Hulu, and Prime Video kept soaring across the US market at the end of Q4 2018. Netflix gained 58.5 million paid subscribers, up from 52.8 million the previous year. While Hulu witnessed a 48% increase in its customer base, resulting in 25 million active …
According to a recent survey by BroadbandNow, 56.9% of people who access streamed content for video entertainment are motivated by price. And 38.9% of consumers, who are less influenced by price prefer using both cable and streaming services. Compared to traditional TV customers, streaming-only users are more concerned about the total cost of service, and …
As AT&T’s take over of WarnerMedia is a done deal now, the American multinational conglomerate focuses on restructuring the TV & Movie business model of WarnerMedia. The strategic move by AT&T will tune-up WarnerMedia’s video streaming service to compete against media giants like Netflix and Prime Video. The newly minted WarnerMedia unit will include premium …
ZEE5 announces Celcom as its first partner for content distribution in the South East Asian region. With this deal, ZEE5’s content will be exclusively made available to Celcom customers in Malaysia. Celcom, being Malaysia’s premier and most experienced telecom operator has a huge customer base and the potential to scale-up video-on-demand service provider ZEE5’s awareness …
YY, the Nasdaq-listed Chinese live streaming giant, acquires Bigo Inc for $1.45 billion. YY which owned 31.7% shares in Bigo, as per reports captured the remaining shares to mark the complete acquisition of the latter. Bigo Inc, the Singapore-based startup owning “Bigo Live” and “Like”, has a demanding presence in the Asian countries and is …
Eros Now, the subscription-based OTT South-Asian media platform, signs an integration deal with the World’s largest TV & Broadband company, Virgin Media. The deal promotes an expansion of Eros Now to the UK market through Eros Now Quickie. Virgin TV customers in the United Kingdom can now access the massive library of Eros Now including …
The illegal streaming industry in Vietnam is massive and it’s holding back both domestic and international content providers like Netflix. According to the Vietnam Investment Review, Video streaming giant – Netflix is struggling to find a grip on Vietnam’s audience. In a country with over 90 Million population, Netflix has only managed to capture a …
Indian Digital-Music market recorded a figure of nearly 150 Mn active users in December 2018. However, earlier it was bandied that the audio streaming market in India involves around 100 Mn audiences. Presence of popular audio streaming applications including Gaana, Wynk Music, Jio Saavn, Amazon Music, and Apple Music is paving significant growth opportunities in …
Australia’s media landscape is swiftly migrating to online platforms. Recent research shows the migrational shift to digital media is driven due to vast sports & eSports audiences across the country. Though Live TV remains the primary video channel in Australia, still more than half of audience access sports contents online. A survey charted a rapid …
