Industry Updates

Russian OTT industry witnesses steady growth 19 March 2018

Russian OTT industry soars as country’s leading OTT provider, Okko, got its revenues doubled up in 2017. Also, the major competitor, Megogo has also increased its subscriber base by 1.65 times. According to a report, Okko’s last year revenue clocked … Continue reading

Netflix takes a slow and steady approach for Africa 16 March 2018

According to New York-based Pivotal Research Group, Netflix will be taking some time to gain a meaningful foothold on the African continent which is struggling with low penetration rates of the fast and affordable internet. Africa accounts for a minuscule … Continue reading

All major TV networks to launch digital platform by 2022 16 March 2018

According to a report, considering the unbundling of cable TV packages, almost all major TV network will launch OTT platform by 2022. The OTT powered direct-to-consumer services will be built on the services that have already been launched such as … Continue reading

Amazon Prime Music inks deal with IPRS for ad-free music streaming 15 March 2018

Amazon India and Indian Performing Right Society (IPRS) have joined hands for ad-free music streaming service, Amazon Prime Music. Amazon Prime Music will have access to more than a million titles in multiple languages of different era and genres. IPRS … Continue reading

Spotify spreads musical vibes to Israel, Romania, South Africa, and Vietnam 15 March 2018

Swedish audio streaming giant Spotify has expanded its footprint to Israel, Romania, South Africa, and Vietnam. The expansion has come just ahead of Spotify’s public enlisting in New York stock exchange. Expansion to the above-mentioned countries takes Spotify’s global tally … Continue reading