Industry Updates

Netflix plans to spend $8 billion on original content to take on media giants 12 March 2018

Streaming giant Netflix plans to spend nearly $8 billion on programming especially in creating original content. Also, it plans to have 30 local language originals, up from 8 last year. The subscriber base of Netflix is growing by leaps and … Continue reading

Abott becomes LatAm’s first OTT association 09 March 2018

Over-the-top (OTT) service providers in Brazil have formed an association named as Abott which is first of its kind in Latin America region. Although the association currently features local audio and video content segments, online streaming giants such as Netflix, … Continue reading

Spotify all set to debut in SA 08 March 2018

Swedish online audio streaming giant Spotify is all set to debut in SA, putting rest to the speculation that stemmed from its advertisement for a senior editor and music programmer for South Africa back in September 2017. The pricing details … Continue reading

CBS to beef up investment on original OTT content to counter Netflix and Hulu 08 March 2018

CBS is beefing up it’s spending on original programming to take on the likes of Netflix and Hulu. Realizing the importance of original content and other online video platform providers’ exorbitant spending on the same have propelled CBS to double … Continue reading