AT&T acquires Chernin Group’s Stake in Otter Media 09 August 2018
American multinational telecommunication giant, AT&T has fully acquired Chernin Group’s controlling interest in their joint venture, Otter Media. Otter Media, a subscription, advertising and content company constitutes fully-owned subsidiaries Ellation, an online SVOD provider and a full-service digital media company, … Continue reading
ITV invests $1 billion on new SVOD platform 09 August 2018
ITV has collaborated with leading technology companies, Hollywood studios, Wall Street banks, independent studios, and strategic partners in raising $1 billion for a new SVOD platform. The main objective is to bring back an ambitious new online video streaming service … Continue reading
TLD3 aims to move into wireless audio streaming market 08 August 2018
TLD3 Entertainment Group has closed the acquisition of assets of Digital Legend, a developer of wireless audio streaming and music social network software. With this acquisition, TLD3 will now own and control the global marketing and development rights to Mbox … Continue reading
Pen India prepping for own OTT platform 08 August 2018
According to reports, Pen India is planning to come up with an OTT platform to expand its reach across TV and digital verticals. The proposed SVOD platform may get launched in the coming six months and will be named Plan … Continue reading
CBS All Access predicted to touch 8 million subscribers by 2022 07 August 2018
OTT giant CBS All Access is forecasted to double its OTT subscribers figures to 8 million subs in 2022. With SVOD platforms focused on churning out original content, CBS All Access is all set to increase its original content production … Continue reading
