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Costco might launch new VoD service

American multinational retail corporation, Costco is planning to join the streaming bandwagon. The wholesale giant is reportedly considering providing an video on-demand service. The VoD service will be free for “executive” level members. The information reports that the retail group is in talks with “at least” two video streaming providers. However, this isn’t the first …

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NBC Universal unveils user-based OTT video streaming service

American multinational media conglomerate, NBCUniversal International is launching an OTT video streaming service that rewards users for watching content. The over-the-top video streaming service, WatchBack targets mobile users with free access to social media topics and newly released TV shows. Andrew Hanna, VP of Insights and Strategy, NBC Universal quoted, “The long-term goal of WatchBack …

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SVOD service ZEE5 goes global

ZEE5, the SVOD platform of Zee Enterprises is available across 190 countries, a scale on which only OTT giants such as Netflix and Prime Video are operating. The video streaming platform will have a presence on all the leading platforms such as web, Android, and iOS etc. Also, as per sources, very soon it will …

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Video streaming platform Netflix and Amazon spark UK TV boom

According to research reports, the British TV production sector has witnessed a boost in content consumption thanks to number of programs commissioned by online video streaming platform such as Amazon Prime and Netflix. Netflix and Amazon Prime have altogether spent a total of £150m last year in the UK. The rapid rise of streaming devices, …

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Flipkart may go OTT way via Hotstar

In order to stay relevant in the changing market dimension, Flipkart, the Walmart owned e-commerce giant is currently in talks with video streaming platform Hotstar. If reports are to believed, Flipkart may buy a major stake in Hotstar. The step from Flipkart, however, does not come as a surprise.It has been lagging behind Amazon in …

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Ad supported platform YouTube Originals goes live in India

Google owned video streaming platform, YouTube is all set to bring its YouTube Originals to India. The India Originals will be YouTube’s ad-supported video platform. But on later stage, an ad-free subscription service, YouTube Premium might get launched. The recent rise of online streaming platforms such as Amazon, Hotstar and Netflix, among Indian audiences have …

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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, …

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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, …

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Top Online Video Platforms that Power the OTT Revolution Worldwide

Today watching shows on TV has evolved from a world of limited options to a world of unlimited choices. The future of watching shows is OTT (over-the-top). According to research by Parks Associates, the number of households subscribing to an online video platform will cross 265 million by 2022. The global OTT subscription market is …

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CJ Group partners with Netflix and China’s Youku for promoting korean content abroad

South Korean showbiz giant CJ Group is teaming up with China’s Youku and global SVOD platform Netflix for promoting homegrown content such as K-pop and Korean TV dramas into the global mainstream. The company is strategically seeking major domestic players for streaming in the U.S. and China. The entertainment giant focuses on creating content tailored …

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