Juventus goes digital, debuts with OTT platform Juventus TV 17 August 2018
Juventus, the Italian football behemoth brings down the curtain on its linear TV channel and has instead decided to go digital following the over-the-top (OTT) trend across the globe. The Turin based club cited disappointing ratings and high production cost … Continue reading
SVOD platform iflix partners with Wattpad to boost Indonesian content 17 August 2018
Subscription video-on-demand or SVOD platform iflix has signed a strategic deal with global entertainment platform, Wattpad for an extensive content production. Under this agreement, iflix will co-produce original films related to some of the six million Indonesian story uploads on … Continue reading
OTT player Hotstar raises Rs 516cr, to up its game against global players 16 August 2018
Novi Digital media owned OTT platform Hotstar has reportedly secured $73.8 Mn (INR 516 Cr) from Star US at a valuation of $265 Mn. The online streaming media giant will use the funds to combat competition from global SVOD giants … Continue reading
OTT spend set to propel video and global TV spendings to $559BN by 2022 16 August 2018
According to reports, the global consumer and advertising spend on TV and video is predicted to rise to $559 billion in 2022, up from $490 billion in 2017. The revenue generated from over-the-top services such as YouTube, Facebook, iflix, iTunes, … Continue reading
Online streaming platform Hulu might post loss of $1.5 billion in 2018 14 August 2018
American entertainment giant, Hulu is on track to lose nearly $1.5 billion in 2018, a 71 percent increase in losses from a year ago. In 2017, Hulu reportedly had suffered a whopping loss of $920 million. During the second quarter … Continue reading
