Global OTT TV and video revenues covering 64 countries are expected to reach $51.1 billion in 2020, jumping from $4.2 billion in 2010 and an expected $26 billion this year, according to Digital TV Research. The U.S. will remain the dominant territory, with revenues rising by $16.6 billion between 2010 and 2020 to $19.1 billion. China’s OTT TV and video revenues will rocket from just $40 million in 2010 to $2.8 billion in 2020, pushing China up to fourth place in the world rankings. SVoD … [Read more...] about Global OTT TV revenues slated to hit $51b in 2020
Channel: OTT
Why TV networks are ‘sampling’ shows on Facebook?
To date, the battle between YouTube and Facebook has centered on winning the hearts and minds of advertisers, online video publishers and creators. If the last few weeks are any indication, there’s another category of content creator YouTube should be concerned about losing some of its value to: TV networks. On June 15, Amazon (along with Netflix and Hulu, a new breed of TV network) made the first episode of its comedy series Catastrophe available for free on Facebook. A week later, … [Read more...] about Why TV networks are ‘sampling’ shows on Facebook?
Vimond and iflix establish joint development centre
Bergen, Norway − Vimond Media Solutions and iflix are to establish a jointly-operated development centre in Kuala Lumpur to create innovations in OTT TV and break new ground in the way consumers watch television in a mobile-first environment. iflix has installed the Vimond Platform to power its range of OTT services across the Southeast Asian region, reaching audiences in Thailand, the Philippines, Malaysia, Vietnam and Indonesia, with a potential market of half a billion people. After … [Read more...] about Vimond and iflix establish joint development centre
Celestial Tiger launches OTT
Hong Kong – Celestial Tiger Entertainment (CTE) announced its plan to launch a new dedicated Over-The-Top (OTT) linear feed for its action entertainment channel KIX. The new high definition (HD) OTT linear channel will make its debut in Singapore in the fourth quarter of 2015 and will be rolled out progressively across the region in first half of 2016. The new linear service, branded KIX 360, complements KIX's existing top-rated linear and on demand channels and … [Read more...] about Celestial Tiger launches OTT
Ovum backs the Gulf
Melbourne − The launch of the first non-native subscription online video service in the Middle East heralds a new phase in the evolution of the premium OTT video market in the region. Traditional cultural barriers that previously made outside companies hesitant about launching in the region, the core of which is the GCC, are starting to fall and the industry is starting to react. Ovum profiled the 11 leading premium subscription streaming services in the Middle East and has forecast … [Read more...] about Ovum backs the Gulf
E! Entertainment’ to launch in Taiwan
Taipei – E! Entertainment is taking on Taiwan. The channel launches for the first time-ever on 1 July across both linear and OTT platforms in the market. Subscribers of linear cable TV provider CNS, OTT channel aggregator FTV, and mobile TV platform Asia Pacific Telecom will be among the first in Taiwan to access the channel, which will be available with Chinese subtitles. Available in 160 countries around the globe, E! is the home of pop culture, capturing the topics that fascinate us all … [Read more...] about E! Entertainment’ to launch in Taiwan