Paraguay calls for tax on OTT platforms 18 July 2018
South American country Paraguay to charge VAT on OTT platforms such as Netflix, Amazon Prime, Spotify etc. According to the Vice Minister for taxation, Liz Del Padre Maciel, half of the proceeds from the tax, which is set at 10% … Continue reading
Channel Surfing dies a slow death as SVOD takes the driver seat 16 July 2018
As per studies, channel surfing has taken a hit with increasing SVOD consumption across the globe. People are rather glued to a particular OTT platform or a specific online content rather than casually flipping through channels on TV. Studies reveal … Continue reading
Amazon to foray into Smart TV market 16 July 2018
Amazon is all set to introduce its own branded smart television and reach wider households. Touted to be a conscious decision of a pay-TV attack on popular network Sky, with smart TVs, Amazon will certainly have an edge over its … Continue reading
Music streaming app Boomplay registers 10 million Google Play downloads 13 July 2018
According to reports, Africa based music streaming app Boomplay has seen 10 million downloads on Google Play. The Android platform allows users to access artists’ songs, videos, and lyrics etc. The audio streaming app has won the Best African App … Continue reading
Netflix achieve payback on each new U.S. subscriber after 11 months 13 July 2018
According to reports video streaming giant, Netflix’s cost of adding new subscribers in the U.S. is now $100 per net new subscriber. Netflix’s 14% expenditure is on marketing costs today. With increasing marketing spend coupled with falling subscriber growth in … Continue reading
