Trade bodies the Digital Entertainment Group Europe (DEGE) and the British Association for Screen Entertainment (BASE) are launching Mega Movie Week, a category-wide campaign to drive consumer engagement with the growing digital transactional market, running for the week commencing January 21st, 2019. During Mega Movie Week, BASE and DEGE members, including BBC Studios, Entertainment One, […]
South Korea’s overall video and TV market spend is on track to achieve 8 per cent growth in 2018, ending the year at 7.8 trillion KRW, ($7bn), according to the latest Video Insights country report from research and knowledge-based consulting company Futuresource Consulting. “South Korea ranks as one of the world’s ten largest video entertainment […]
Fidji Simo, Head of Video at Facebook, has revealed that three months since its global launch, there are already more than 400 million people monthly and 75 million people daily who spend at least one minute on Facebook Watch. In a Blog Post looking back on 2018 and looking ahead to 2019, Simo described 2018 […]
The annual State of Live report from video transport technologist LiveU has confirmed the growing adoption of the HEVC protocol as the industry standard with 25 per cent of LiveU-generated traffic now HEVC-encoded. These figures reflect the increasing demand for professional-grade video quality, a trend most evident at this summer’s FIFA World Cup in Russia. […]
Despite the surging worldwide growth and popularity of mobile streaming content and apps, viewers remain frustrated by their experiences, according to a new 10-country survey by Penthera, an international software company that develops and deploys software products that facilitate the delivery of video content for global video content providers. The UK had the highest percentage […]
Digital transformation, consulting and business re-engineering services and solutions provider Tech Mahindra is setting up a new ‘Video Integration and Engineering’ (VIE) business unit to leverage cutting-edge technology and solutions to cater to the heavy demand of video services in the 5G ecosystem. With video forecast to account for 90 per cent of all 5G […]
A plenary session of the European Parliament has approved the revised Audiovisual Media Services Directive (AVMSD). Part of the Digital Single Market strategy, the new rules pave the way for a fairer regulatory environment for the entire audiovisual sector, including on-demand services and video sharing platforms. They promote European audiovisual productions and guarantee the independence […]
In a move that it says will offer more ways to discover and enjoy music, Apple has completed its December 2017 acquisition of Shazam, one of the world’s most popular and highly-rated music apps, used by hundreds of millions of people worldwide. “Apple and Shazam have a long history together. Shazam was one of the […]
Online video revenue, comprising net ad spend and subscription fees, will grow at an 18 per cent CAGR across Asia Pacific between 2018 and 2023, climbing from ~$21 billion (€18.33bn in 2018 to $48 billion by 2023, according to Asia Pacific Online Video & Broadband Distribution, a new report from analyst firm Media Partners Asia […]
An Extraordinary General Meeting of members of regional pay-TV broadcast industry trade body Casbaa has overwhelmingly approved the adoption of a new constitution and new name. Casbaa will now be known as the Asia Video Industry Association (AVIA) and have a new mandate to represent the interests of companies across the broader video industry. The […]