British commercial TV network, ITV is moving closer to launch its online video streaming platform to widen its consumer base. ITV is aiming to counter SVOD giants such as Netflix, and Amazon Prime, who are currently ruling the video streaming industry. ITV’s awaited video streaming platform will provide British-made content to its users. Carolyn McCall, …
Subscription Video on Demand (SVOD) service DirecTV Now has added 342,000 subscribers in the second quarter of 2018, increased from 152,000 subs added in the previous-year period. The streaming platform currently has more than 1.8 million subscribers as compared to less than 500,000 last year. Lower acquisition costs, operational costs, including deployment and a decline …
According to reports, 61.1 percent of people stream online video, while 31.2 percent download it for offline viewing. Around 7.7 percent of people prefer to rent or download DVDs. Among the countries, video streaming is most popular in Germany (71.6 percent), followed by U.S (71.4 percent). The report also states that downloading is most popular …
Instagram is introducing its online video streaming platform, IGTV. The new video streaming platform will give viewers access to longer user-generated videos. With the launch of its online video platform, Instagram is all set to take on platforms such as YouTube, Snapchat discover, and Twitch. Kevin Systrom, Chief Executive, Instagram was quoted, “Teens are now …
Facebook is all set to introduce its own online video streaming platform, Facebook.gg. The video streaming platform will offer more discoverability options for streamers and will make it easier for audience to discover new, relevant content from news feed. A statement published by Facebook stated, “Many people already watch gaming videos in News Feed, Groups …
With an aim to broaden its online video streaming lineup, Taiwan Broadband Communications is all set to introduce its new TBC Go service. TBC is collaborating with longtime partner Nagra and its OpenTV Suite to implement TBC Go service. The new OTT platform will offer live TV on open devices and video-on-demand. Himmy Chen, CEO, …
Subscription-based video-on-demand (SVOD) platform Alt Balaji has collaborated with Sri Lankan telco ALT Balaji to offer Indian content across the island nation. The Indian OTT platform offers 150 hours of original content in a variety of Indian languages. The telco is also offering its ViU subscribers a one-month free access to ALTBalaji. The online video …
Telecommunication giant, Telenor Myanmar has launched its online video streaming app with Huawei. Officially named as ‘WowPlay’, the VOD app provides short, medium and long videos for Telenor customers. A source from Telenor was quoted, “WowPlay users will find thousands of hours of short clips, series and movies from Myanmar, Thailand, China and Hollywood. The …
Global online music broadcaster, Boiler Room is prepping up to launch a video streaming platform, 4.3 that combines curated content and live events. The online video streaming platform will offer content supported by multi-faceted events that combine screenings, live music, installations, and DJ sets. Stephen Mai, chief content officer, Boiler Room quoted, “Audiences are tired …
According to reports, over-the-top (OTT) subscriber base will touch a whopping 400 million in the year 2018 and will continue to dominate the traditional Pay-TV services, especially in developed markets. The global OTT video market is set to grow at CAGR 10% to generate $51.4 billion in 2022. In North America and European countries, pay-TV …