Industry Updates

Netflix plans to go original in South Korea 09 January 2017

Global SVOD service Netflix has just commissioned its first original twelve-part series based on a popular web cartoon strip from South Korea, as part of its move to go local in the region. The video streaming service has invested in a series … Continue reading

Hulu Partners with CBS for Live Streaming 06 January 2017

Hulu is all set for a big launch in the coming months as the hype is about its new deal with on live streaming content licenses with CBS Corp.’s broadcast network and other cable channels. Hulu already allows its video-on-demand service … Continue reading

Facebook launches Live Audio Streaming 06 January 2017

After announcing Live video streaming and 360-degree live video streaming, Facebook jumps onto launching offering a complete package of live streaming as live audio streaming. The company announces this feature as a response to the customer feedback on demanding live … Continue reading

VR headset revenues to hit $660 million mark 06 January 2017

According to a recent Consumer Technology Association, the US Virtual Reality headset sales are set to reach 2.5 million units in 2017, 79% up from 2016. According to CTA’s latest ‘US Consumer Technology Sales and Forecasts’ report, virtual and augmented reality … Continue reading

Online to Replace TV as Top Advertising Medium by 2020 05 January 2017

According to a new IHS Markit study, online advertising will completely replace TV advertising as the number one global advertising medium by 2020. The study stated, while the TV market still benefits from big brand budgets, online is set to take … Continue reading