The Australian has reported that pay-TV operator Foxtel has unveiled a new online platform with extensive movie content, competing with the free-to-air television sector over subscription VOD services similar to Netflix. The report added that the new streaming service - to be called Presto - is seen as a pre-emptive strike against potential upcoming moves by Seven West Media and Nine Entertainment Co to offer their own versions of subscription movie platforms. Presto customers … [Read more...] about Foxtel to launch SVOD service
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BREAKING: Rakuten to acquire global video streaming service Viki
Tokyo and San Francisco – Rakuten, Inc., one of the world’s largest internet services companies, has announced that it has signed an agreement to acquire global video streaming platform Viki. The acquisition represents a significant step forward for Rakuten as it continues to add to its digital content offerings and launch its internet services ecosystem into new markets. Viki CEO and co-founder Razmig Hovaghimian said that Viki operates independently and that there … [Read more...] about BREAKING: Rakuten to acquire global video streaming service Viki
“Orange Is The New Black” launches on Youku
Orange is the New Black Hong Kong - Following the content licensing deal between Celestial Tiger Entertainment (CTE), Lionsgate’s partner in Asia, and Youku Tudou Inc., one of the leading internet television companies in China, Lionsgate TV series Orange is the New Black has generated nearly nine million views in its first six weeks in China and has already become one of Youku’s most-watched Western dramas.In addition to Orange Is The New Black, Youku's … [Read more...] about “Orange Is The New Black” launches on Youku
Google launches Chromecast
Google has announced that it has launched Chromecast -a wireless HDMI device that plugs into high-definition TV sets and allows movies and shows from platforms such as Netflix, YouTube and Google Play to stream from a laptop, tablet or Smartphone. Retailed at USD$35 and currently available only in the U.S., Chromecast works across various platform including Androids, iOS, as well as, its flagship browser, Chrome, for both Mac and Windows. Google plans to extend Chromecast’s line of … [Read more...] about Google launches Chromecast
Netflix to premiere original DreamWorks Animation content
California, U.S . - Netflix Inc. and DreamWorks Animation have announced a multi-year deal making Netflix the premiere home of new original series from the award-winning creators of global box-office hits including the Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon franchises. This agreement, which marks the largest deal for original first-run content in Netflix history, is also the first time DreamWorks Animation's characters will be introduced into the … [Read more...] about Netflix to premiere original DreamWorks Animation content
Over 60% growth in worldwide OTT video revenue reported in 2012
Arizona – ABI Research announced in its latest OTT and Multi-screen Services Research Service that the OTT video market has crossed the US$8 billion mark in 2012, with companies such as Netflix, Hulu, Apple and Amazon driving the growth. The three largest markets—North America, Europe, and Asia-Pacific—experienced year-on-year growth in excess of 50% in the same year. The report states that the continued spread of connected consumer electronics and mobile devices such as … [Read more...] about Over 60% growth in worldwide OTT video revenue reported in 2012