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OTT Platform - Latest updates on OTT Platform

OTT player Hotstar raises Rs 516cr, to up its game against global players 16 August 2018

Novi Digital media owned OTT platform Hotstar has reportedly secured $73.8 Mn (INR 516 Cr) from Star US at a valuation of $265 Mn. The online streaming media giant will use the funds to combat competition from global SVOD giants such as Netflix and Amazon Prime. Currently, Hotstar boasts of nearly 7 lakh paid subscribers. …

ALT Balaji set to go global, put on 2.1 mn new paid users 13 August 2018

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 …

Pen India prepping for own OTT platform 08 August 2018

According to reports, Pen India is planning to come up with an OTT platform to expand its reach across TV and digital verticals. The proposed SVOD platform may get launched in the coming six months and will be named Plan My Movie (PMM). It will be a 100% subsidiary of Pen India. Pen India’s video …

OTT platform Cosmote TV GO goes live 07 August 2018

Cosmote TV, the Greek pay-TV service owned by telecommunication operator OTE has launched Cosmote TV GO, an OTT Platform which will be available in a total of three packs. The packs include Cosmote TV GO Documentaries, Cinema, and Sports costing €5, €10 and €25 a month respectively. The SVOD platform is accessible through any fixed …

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 streaming services, continued cord-cutting trends and internet penetration are few factors that have contributed to …

Zee’s Arabic OTT platform Weyyak off to a good start with 3M users 06 August 2018

Zee’s Arabic OTT service Weyyak registered a whopping 3 million users under its belt in the first year of its service that kickstarted in May 2017. The online video streaming platform recently was in news for inking a deal with Sharjah Media City. Currently, Weyyak’s content offering primarily consists dubbed Indian shows and Arabic drama …

OTT services is on rise among UK, US and the Philippines audience 27 July 2018

According to reports, OTT services are rising among US, UK and the Philippines consumers. The rise of SVOD platforms such as Amazon prime, Hulu and Netflix, original content consumption, easy sign-up, content recommendation, billing flexibility, and ability to stream the favorite show anytime have led the growth of OTT in the region. The report further …

Amazon to foray into Smart TV market 16 July 2018

Amazon is all set to introduce its own branded smart television and reach wider households. Touted to be a conscious decision of a pay-TV attack on popular network Sky, with smart TVs, Amazon will certainly have an edge over its competitors since its OTT platform Prime Video is growing exponentially all over the world. If …

Dutch pay-TV provider Joyne prepping for an IPTV 12 July 2018

Dutch pay-TV provider Joyne is all set to announce an IPTV subscription which will be independent of satellite connection and will run on the internet. Reports suggest the new SVOD service will be available on Android Media Player. Joyne which has been active in the Netherlands since August 2017 declined to divulge further details about …

Netflix and Amazon Prime yet to leave a mark in India 06 July 2018

According to reports, streaming giants Netflix and Amazon Prime who are making waves across the globe are yet to leave a solid mark on the world’s second-largest market, India. India has emerged as the second-largest internet market in recent years and holds significant importance for OTT leaders, Research says. Despite creating buzz about their respective …

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