Online Streaming - Latest updates on Online Streaming
OTT spend set to propel video and global TV spendings to $559BN by 2022 16 August 2018
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, … Continue reading
US SVOD subscriptions set to touch 208 million in 2023 14 August 2018
According to reports, the number of SVOD subscriptions in the US is expected to reach 208 million in 2023, up from 132 million in 2017. Around 73.5% of TV households (88.5 million) will subscribe to at least one subscription video … Continue reading
CJ Group partners with Netflix and China’s Youku for promoting korean content abroad 13 August 2018
South Korean showbiz giant CJ Group is teaming up with China’s Youku and global SVOD platform Netflix for promoting homegrown content such as K-pop and Korean TV dramas into the global mainstream. The company is strategically seeking major domestic players … Continue reading
TLD3 aims to move into wireless audio streaming market 08 August 2018
TLD3 Entertainment Group has closed the acquisition of assets of Digital Legend, a developer of wireless audio streaming and music social network software. With this acquisition, TLD3 will now own and control the global marketing and development rights to Mbox … Continue reading
Roku records platform revenue growth as OTT market rises 06 August 2018
Online streaming giant Roku’s OTT platform revenue is currently booming with triple-digit growth in the last quarter. Reportedly, Roku had a 46% y/y increase in active accounts and 42% y/y growth in revenue per active account. Growth of online Video … Continue reading
CBS hints at launching live streaming service 02 August 2018
CBS is planning to launch its new live streaming news service to cater to more audience needs. CBSN Local, the 24/7 live streaming service will cover anchored news and breaking events from major markets. It is most likely to first … Continue reading
The Roku Channel all set to roll out in Canada 24 July 2018
Online streaming giant, Roku preps up to introduce its new streaming channel, The Roku Channel in Canada. The new ad-supported streaming channel is aimed at helping consumers find free TV shows, movies and much more on the Roku platform. Rob … Continue reading
Following dismal performance in India, Netflix pins hope on partnership with Reliance Jio 24 July 2018
According to reports, Indian telecom giant Reliance Jio will roll out GigaFiber wired broadband network, that will offer speed up to Gigabits per second in the country. The anchor device for GigaFiber will be set-top boxes called GigaTV boxes which … Continue reading
Online streaming platform Netflix registers a big miss in subscription growth 20 July 2018
Online streaming giant, Netflix has fell short of its own subscriber growth projections. In the second quarter of 2018, Netflix has added just 5.2 million new subscribers as compared to its projected number of 6.2 million. In percentage terms, Netflix … Continue reading
Walmart thinking over own OTT Service 18 July 2018
Stellar success of streaming giants Netflix, Amazon Prime, Hulu etc. have prompted several media and entertainment biggies to join the OTT bandwagon. Walmart is the latest one to join the bandwagon with its very own streaming platform if everything falls … Continue reading
