Industry Updates

Hotstar Reported to be the Top Video Streaming App in India 25 January 2017

Indicating local content is the key in Indian market, Broadcaster Star India Pvt Ltd’s OTT video service – Hotstar tops the list of video streaming apps by monthly active usage, followed by Reliance Jio Infocomm Ltd’s JioTV and JioCinema, putting Netflix and Amazon … Continue reading

Netflix Confirms 7 Million Subs 25 January 2017

Netflix announced recently that it has successfully added 19 million new net subscribers in the year 2016 as compared to 17.4 million in 2015, finishing the year with 93.8 million subscribers. The OTT service company’s global streaming revenue during the … Continue reading

64% of Americans are unaware of what is 4K 25 January 2017

Based on a recent survey by Snell Advanced Media (SAM), despite the broadcasters pressure to invest in 4K technology, some 64 % of Americans still don’t know what 4K is. The survey also found out that Millennials are most likely to know what … Continue reading

Cracked launches on Apple TV 25 January 2017

More and more online video services are taking a multi-screen route and reaching audiences wherever they are. The online video service Cracked, which the E W Scripps Company bought for US$39 million last year launches on Apple TV platform. Cracked app … Continue reading

Live liner OTT video services to hit $7bn by 2021 25 January 2017

According to a recent ABI Research forecast, revenues from live linear OTT video services is expected to grow at some $7 billion dollars of the worldwide revenue by 2021, from just a little more than $1 billion in 2016. With OTT competition … Continue reading