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The Popularity of VoD Industry is Uprising in UAE 12 March 2019

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 …

Video Streaming to Increase India’s Data Consumption at 72% CAGR by 2022 11 March 2019

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 …

Cord-Cutting Rate Continues to Grow in the US 08 March 2019

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 …

AT&T Revamps WarnerMedia to improve Video Streaming Service 06 March 2019

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 …

Loop Acquires 30-Year-Old Video Streaming Company “ScreenPlay” 22 February 2019

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 …

MX Player Debuts into Indian Video Streaming Market 22 February 2019

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 …

Alibaba buys 8% Stake in Chinese VoD Platform Bilibili 18 February 2019

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, …

ESPN+ soaring high with 2 Million+ Subscribers 07 February 2019

Disney-owned streaming service ESPN+ has clocked more than 2 million subscribers in less than a year after the launch. Launched in April 2018, the channel added over 1 million subscribers within September. The huge growth has come in the later part of the year. According to Disney, the 5-years agreement with UFC has led to …

Flix Snip partners with Rostelecom to launch Short-Form VoD Service in Russia 06 February 2019

The global video streaming service Flix Snip has collaborated with the National Telecommunications Operator of Russia, Rostelecom, in order to launch a premium short-form content service. Flix Snip has planned to stream around 200 short-length movies at the beginning of the new video platform. They have also decided to add 20 fresh films and series …

Twitch inks Streaming Deal with Fnatic 05 February 2019

The global game streaming giant, Twitch, has signed an exclusive deal with the UK-based esports organization Fnatic. This partnership will offer users with game streaming from Fnatic’s professional players along with live streaming of various talk shows. Though no financial term has been revealed by the companies, they have expressed the deal as a long-term …

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