Video Streaming Services - Latest updates on Video Streaming Services
Nordic consumers are loving OTT
Nordic consumers are showing great enthusiasm towards OTT content. As per research, currently, 5.3 million households in the region subscribe to at least one SVOD service. Research also claims that 850 000 new SVOD households were found to have been added compared with the same period last year. In the growing regions, Norway is the …
SVoD services continues to dominate Australia
According to research reports, consumer spending on video streaming services is forecasted to grow at 3 percent in 2019 to AU $5.3 billion (€3.3bn). By the end of 2018, Australia is set to become the first country to see the number of SVoD households overtake pay-TV in worldwide. The digital landscape continues to be dominated …
Streaming subscription service YouTube Premium makes debut in seven countries
Paid streaming subscription service, YouTube Music Premium and YouTube Premium have gone live in seven new countries, marking its presence felt in 25 global markets. Previously known as YouTube Red, YouTube Premium provides users access to ad-free video streaming services. Launched in June, YouTube Premium is expected to cost $11.99 per month, and is expected …
Video on-demand view on rise among UK preteens
According to research reports, around 94% of Britain kids aged between eight to 19 have direct access to video streaming services such as Amazon Prime Video and Netflix. More kids in the region are turning to video-on demand for their entertainment needs. The reports also states that 34% of preteens in the region are likely …
Australia’s video streaming market bigger than ever
According to research reports, online video streaming is one of the most popular form of online entertainment. An average Australian spends around 12 minutes of every hour online streaming videos. The popularity of video streaming platforms such as Netflix, Stan is one of the reason behind the craze of online streaming. Netflix is estimated to …
Online content consumption to clock $129 billion by 2023
Global OTT revenue is estimated to touch $129 billion in 2023 if reports are to believed. The forecast is more than double than the numbers recorded in 2017. In fact, $16 billion will be only added this year alone. According to Global OTT TV & Video Forecasts, out of the 138 countries covered, the top …
Netflix and Hathway Broadway aim to deliver video streaming services
Online streaming giant Netflix has signed strategic partnership with cable broadband provider Hathway to deliver video streaming services to Hathway’s subscribers in India. Under this deal, Netflix will be offered through Hathway’s set-top box that includes a remote which will allow users to launch streaming service. Rajan Gupta, Managing Director, Hathway quoted, “In this smart …
Roku records platform revenue growth as OTT market rises
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 …
17% people in the US are dependent on SVOD platforms to watch Video
According to reports, 17% of the U.S. consumers rely solely on SVOD services to watch online videos which are 6% up than the previous year’s number. While the millennials prefer to stream online videos and 42% of adults aged 25 to 34 subscribe to three or more video streaming services, as per studies young adults …
OTT rules 2018 Primetime Emmy nominations
Leading OTT platforms such as Netflix, Amazon Prime, and Hulu had a splendid 2017 and this year’s Emmy nomination is a testimony to that. Streaming giant Netflix has recorded 36 nominations in this year’s Emmy award while arch-rival Amazon Prime and Hulu have earned six and eleven nominations respectively. The big numbers scored by the …
