Buenos Aires– Dataxis introduced figures of its updated Q2 2015 global intelligence study. The Latin American pay-TV market has exceeded 69 million subscribers, equivalent to a 37.7% penetration over total households. The segment was hit by a rarefied economic context, which was translated into a 5% annual growth rate. Even though Satellite pay-TV once again leads the technology ranking with 50.1% of the total number of subscribers, it showed a lower growth rate and as a consequence lost … [Read more...] about Dataxis reveals pay-TV market performance
OTT
Turner acquires majority stake in iStreamPlanet
Turner Broadcasting has acquired a majority stake in iStreamPlanet, a specialist in large-scale, live event streaming, TV Everywhere network simulcasts and OTT multiplatform solutions. Turner will leverage iStreamPlanet’s technology to deliver its OTT programming, shift its core technology infrastructure to the cloud and develop new products and services for existing and new businesses. Turner’s diverse technology requirements, ranging from live news, simulcast networks, video on … [Read more...] about Turner acquires majority stake in iStreamPlanet
Netflix arrives in Asia
The waiting is finally over as the biggest global OTT operator makes its debut in Asia. Japanese subscribers will be able to watch Netflix on Internet-connected devices from September this year – marking the streaming company’s first foray into the Asian market. Japan is its next stop following its rollouts in Australia and New Zealand in March. Netflix has promised a strong selection of Japanese television shows and films at launch, along with original content such as Marco … [Read more...] about Netflix arrives in Asia
DramaFever and CJ E&M enter multi-year deal
New York and Los Angeles – DramaFever and Asian pop culture producer and distributor CJ E&M have entered a multi-year licensing deal. The new agreement will bring top-rated Korean television series and feature films to DramaFever’s OTT digital video network, including eight exclusive K-dramas, at least 10 exclusive new feature films, as well as more than 350 hours of other drama and variety programmes. DramaFever will have distribution rights throughout the U.S. and Canada, … [Read more...] about DramaFever and CJ E&M enter multi-year deal
Global OTT TV revenues slated to hit $51b in 2020
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
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
