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SVOD revenue to clock $35 billion in 2018

The popularity of OTT services has sky-rocketed across 138 countries as the SVOD revenue set for a humongous $35 billion in 2018. The number is $10 billion more than what it was last year. Research also suggests that there will be 474 million SVOD subscriptions globally by end of 2018. While the US expectedly grabbed …

SVOD Platform Movistar Play reaches 1 million subscription base

Movistar Play, the OTT platform of Telefonica Perú has registered 1 million subscriber base in 2 years of its launch. The streaming app has been downloaded by 1.1 million times and currently has 1 million subscribers under its belt becoming the leader of internet video platform in the Peruvian market. Movistar Play delivers on-demand and …

Netflix available on Sky after much speculation

Video streaming giant Netflix finally debuts on Sky as a direct link six months after its partnership with the satellite TV operator. The OTT platform will be available to Q bundle. Sky’s most expensive package for an extra £10 monthly as part of Sky’s “Ultimate On Demand” add-on feature. Existing subscribers of Netflix will only …

Online content consumption to clock $129 billion by 2023

Global OTT revenue is estimated to touch $129 billion in 2023 if reports are to believed. The forecast is more than double than the numbers recorded in 2017. In fact, $16 billion will be only added this year alone. According to Global OTT TV & Video Forecasts, out of the 138 countries covered, the top …

Elisa all set to bring “Nordic TV” SVOD to Chinese market

Elisa, the Finnish telecom operator has inked a deal with China Broadcasting and Television Media (CBM) to bring the Nordic TV video service for the Chinese audience. The agreement will open doors to 245 million cable TV households in China. Nordic TV is a hugely popular SVOD service featuring Nordic feature films. Series, documentaries, sports, …

EU regulates OTT players to offer 30% European content

OTT players operating across the European continent including industry behemoths Netflix and Amazon Prime Video have to ensure at least 30% of the programming offered in Europe is produced in EU countries. The target can be achieved by commissioning European content, buying existing TV shows and movies – or by paying into national film funds, …

Muvi takes the World’s Fastest Deployable Hybrid OTT Platform to IBC 2018

Muvi is all set to present the world’s fastest deployable OTT platform at the upcoming IBC 2018 from 14-18 September in RAI, Amsterdam. After earning raves in NAB Vegas and NAB Shanghai, the think tank behind the instantly deployable OTT platform moves to European soil. There has been a steady decline in linear TV viewership …

Tubi TV introduces video-on-demand (VoD) platform

Tubi TV, the free online streaming service has come up with a curated (video-on-demand) VoD platform that will offer programming and content from major networks, studios, streaming services, and media companies. The new online video platform will be available on smartphones and other media devices through the app. Tubi channel will offer more than 500 …

CBS All Access sets its foot on Amazon Prime

CBS All Access is now available on OTT platform Amazon Prime and the Prime members in the US will be able to access its content across more than 600 devices on the Prime Video app for TVs, gaming consoles, set-top boxes. The service will also be available on Apple TV and connected devices, including Amazon …

Juventus goes digital, debuts with OTT platform Juventus TV

Juventus, the Italian football behemoth brings down the curtain on its linear TV channel and has instead decided to go digital following the over-the-top (OTT) trend across the globe. The Turin based club cited disappointing ratings and high production cost to be the reasons to go OTT. Now, the 12-year old channel can be accessed …

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