Consumer expenditure on entertainment content is expected to have reached close to $320 billion worldwide last year, with online and mobile media segments experiencing the largest percentage growth. Research carried out by Futuresource Consulting indicates that consumer expenditure on online entertainment grew by around 23 per cent, while expenditure on mobile media grew by more […]
Research from ecommerce platform and strategic ecommerce consulting firm Elastic Path Software has revealed that a surprisingly large portion of online video viewers (75 per cent) are willing to pay for certain content, while 40 per cent have paid to access online content in the past year. Gen Ys (18 to 34 year olds) are […]
Dailymotion, the world’s second largest video site, has announced the integration of the Livestation multi channel service. The news service will enable Dailymotion users to access the international news channels available on the Livestation service directly from the Dailymotion website
KIT digital, the provider of cloud-based video asset management solutions for multi-screen delivery, has made three separate acquisitions aimed consolidating the IP video market and creating a truly ‘Lens-to- Lens’ video offering. The deals involve New York City-based KickApps, Paris-based Kewego, and San Francisco-based Kyte, for aggregate consideration of approximately $77.2 million. “These strategic acquisitions […]
Synacor, provider of online entertainment services for high-speed Internet subscribers, has confirmed the creation of a new division focusing on TV Everywhere. The division is working on several product releases on multiple devices on behalf of its clients. “Increasingly, consumers expect to be able to access content and features from our customers on any device. […]
Netflix announced that in the last hours of 2010 it passed 20 million subs with Net Subscriber Additions of 3.08 million for Q4. Revenue for the quarter was $596 million with operating income of $78 million and Net Income of $47 million The company said “More subscriber growth enables us to spend more on streaming […]
Ericsson has been selected by Singapore’s MediaCorp to enable and manage MediaCorp’s new over-the-top service via broadband connection to their customers. The contract is Ericsson’s first managed services deal with a media company in Asia and includes a broad range of Ericsson TV solutions that enable consumers to watch their video content at any time, […]
FilmOn.com has announced at Natpe that it has formed a strategic alliance with TVCatchup.com, the top UK-based, advertising supported IPTV provider. Both companies are facing continuing legal challenges from broadcasters and studios who claim their services breach their content rights. The strategic alliance will incorporate both subscription and advertising-based revenue models from the two companies […]
Football’s governing body FIFA has confirmed the extension of its broadcast rights agreement with Al Jazeera Sport for the 2018 FIFA World Cup Russia and the 2022 FIFA World Cup Qatar. The agreement is the first to be signed in FIFA’s media rights distribution process for the 2018 and 2022 FIFA World Cups, which it […]
MediaCorp will be introducing a new interactive service in the second half of 2011, delivered over broadband connection and available on TV sets, PCs, tablet devices and mobile phones. The Asian service will offer content leveraging on MediaCorp’s TV, radio, print and online offerings as well as third party content. Premium content includes ‘LIVE’ TV […]