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Indian OTT sector to clock US$5BN mark by 2023

According to a report from the Boston Consulting Group (BCG), Indian over-the-top (OTT) market will reach US$5 billion by 2023, up from $0.5 billion in 2018, with monetization models such as Subscription Video-on-Demand (SVOD), Advertising Video-on-Demand (AVOD), and Transactional Video-on-Demand (TVOD) set to flourish. By 2023, nearly half of the estimated 650 million Internet users …

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iQIYI unveils kids SVOD app

iQIYI is going to introduce an online video streaming app for smart TVs, QIYI Guo. QIYI Guo is developed in collaboration with galaxy Internet TV and uses Artificial Intelligence system to offer customized recommendations for viewers. The chinese SVOD app, QIYI Guo provides children access to content from a library of children’s stories, songs, animation …

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