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Video Streaming Services Threaten the Existence of Cable TV in India

As per the recent survey reports, the popularity of video streaming services in India vanquishes the usage of traditional TV, especially the satellite & cable TV connections. With this, India becomes the third country with 52% of customers preferring streaming Video-on-Demand services, after China and Brazil. Despite only 40% of internet connectivity, the Indian video …

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VoD Market to reach 100,952.9 US Million Dollars by 2026

According to a recent survey, the global video-on-demand market is expected to witness a gross revenue of $100,952.9 million by the end of 2026 and the growth is supposed to increase at a CAGR of 9.3% from 2018 to 2026, during the forecast period. The market demand will be mainly driven by the growing penetration …

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Cinedigm Launches Video Streaming Service For Comedy Dynamics

Cindedigm in a partnership with Comedy Dynamic launches a video streaming service for the digital distribution of comedy content. With the network platform, Comedy Dynamics will be able to launch both ad-supported VoD and SVoD services across multiple devices. Both stand-up comedy and live performances have witnessed great success in the digital space. And with …

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The Popularity of VoD Industry is Uprising in UAE

Streaming services have completely changed the dynamics of the media & entertainment industry in UAE. With more & more millennials opting for on-demand video streaming services, the traditional TV sector is expected to disappear over the next 5-7 years. Maaz Sheikh, Starz Play, CEO said: “Traditional TV will phase out once millennials become the decision …

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Video Streaming to Increase India’s Data Consumption at 72% CAGR by 2022

As internet penetration is increasing in India, users are expected to consume more data by 2022. A recent study says India’s data consumption will grow from the level of 71,67,103 million MB in 2017 to 10,96,58,793 million MB by 2022, at 72.6% CAGR. The presence of Netflix, Prime Video, Hotstar, Eros Now, Viu, and other …

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Cord-Cutting Rate Continues to Grow in the US

According to Leichtman Research Group’s report, video streaming services including Netflix, Hulu, and Prime Video kept soaring across the US market at the end of Q4 2018. Netflix gained 58.5 million paid subscribers, up from 52.8 million the previous year. While Hulu witnessed a 48% increase in its customer base, resulting in 25 million active …

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AT&T Revamps WarnerMedia to improve Video Streaming Service

As AT&T’s take over of WarnerMedia is a done deal now, the American multinational conglomerate focuses on restructuring the TV & Movie business model of WarnerMedia. The strategic move by AT&T will tune-up WarnerMedia’s video streaming service to compete against media giants like Netflix and Prime Video. The newly minted WarnerMedia unit will include premium …

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Loop Acquires 30-Year-Old Video Streaming Company “ScreenPlay”

Loop Media, a new streaming startup, announces acquiring ScreenPlay, a 30-year-old company to build a content library with over 200,000 music videos, films, games, and TV trailers. The acquisition involves both cash & stocks, however, the pricing value is still undisclosed. By acquiring the licensing rights of ScreenPlay’s content library, Loop is planning to develop …

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MX Player Debuts into Indian Video Streaming Market

MX Player, the popular video playback app, launches its OTT platform in India to capture a wider customer-base of the VOD market. With five original web shows, under the banner of “MX Original Series”, the brand is ready to compete with the leading video streaming giants like Netflix and Amazon Prime Video. As MX Player …

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Alibaba buys 8% Stake in Chinese VoD Platform Bilibili

With the growth of the Chinese online video industry, the e-commerce giant, Alibaba has bought 8% share of Bilibili, one of the leading video streaming services in China. Bilibili was included on the US stock exchange list which led Alibaba to the investment. With more than 92 million monthly users, it features anime, gaming content, …

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