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Eros Now targets to increase VOD user base

Eros International’s (video on demand) VOD service Eros Now has signed an agreement with Indian online grocery delivery service, Grofers to grow its user base. Under the agreement, annual subscribers of Grofers’ Smart Bachat Club (SBC) can get access to  Eros Now’s library of over 11,000 film titles, music videos and original shows. This offer …

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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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ALT Balaji set to go global, put on 2.1 mn new paid users

Leading entertainment company, Balaji Telefilms’ OTT platform ALT Balaji has added more 2.1 million paid users in the April-June quarter. It is double the 1.2 million paid users it had added in FY17. Currently, the paid subscriber base stands at 3.3 million. With the over the top platform scaling up its original content offering, there …

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CBS All Access predicted to touch 8 million subscribers by 2022

OTT giant CBS All Access is forecasted to double its OTT subscribers figures to 8 million subs in 2022. With SVOD platforms focused on churning out original content, CBS All Access is all set to increase its original content production by 43% in 2019. Currently, CBS All Access offers both VOD and live content to …

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Following dismal performance in India, Netflix pins hope on partnership with Reliance Jio

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 will pipe ultra HD television to Indian homes. The boxes are currently under test at …

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Rise of video on demand subscribers in Iran

According to reports, more people in Iran are willing to subscribe to video on demand services. subscribers have spent 1.154 billion minutes watching videos using VOD services. The rise of online streaming platforms such as Amazon prime, Hulu and Netflix, original content consumption, and ability to stream the favorite show anytime have led the VOD …

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Arabian SVOD players compete with Netflix for MENA market share

According to reports, the MENA region is expected to have more than 20.80 million movie and TV series SVOD subscribers by 2023, increasing from 5.22 million in 2017. From its regional total of 7.41 million, Netflix is forecasted to have 3.57 million subscribers in Arabic-speaking countries by 2023. Wide geographical reach and global appeal of …

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DC partners with Warner Bros for new SVOD service

Iconic comic book brand, DC Entertainment is going to launch its SVoD service, in partnership with Warner Bros. The new SVOD service, DC Universe will offer subscribers access to exclusive content including original shows and adult-animated series. Craig Hunegs, President, Warner Bros Digital Networks quoted, “Developing new ways for consumers to access some of our …

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The Indian Express announces audio streaming platform Indian Express Audio

Print media pioneer The Indian Express has announced the launch of Indian express Audio, an audio streaming platform which is one of its kind to present its original content and proven expertise. The Express Group which is the largest news publishers in India is optimistic about the success of its audio streaming platform in the …

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French broadcasters partner for a new OTT service

In an effort to fight off SVOD such as Netflix and Amazon, France major television groups have collaborated together to create a joint OTT platform, SALTO. France Télévisions, M6 and TF1 have struck a deal for a new OTT service which will deliver subscribers with special events, news, French and US series, documentaries and films …

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