A Juniper Research study forecasts that global digital advertising spend will increase from $407 billion (€356.3bn) in 2022 to $753 billion in 2026; representing growth of 85 per cent. The report found that mobile in-app revenue will account for 56 per cent of global spend by 2026. The research, Digital Advertising: Emerging Trends, Key Opportunities […]
Music video network Vevo is bringing the Vevo app to Google TV and other Android TV OS devices. Vevo’s TV app will be available on Android TV OS devices across the US, Canada, Australia, New Zealand, UK, France, Italy, Spain, Germany, Mexico, and Brazil, significantly boosting Vevo’s global TV footprint. Given the popularity of Android […]
Google says it is to invest up to $1 billion in India’s Bharti Airtel as part of its ‘Google for India’ digitisation fund. The Google/Bharti deal includes investment of $700 million to acquire 1.28 per cent ownership in Airtel and up to $300 million toward potential multi-year commercial agreements. The agreement is a multi-year, long-term […]
Telenor has reported that several years of modernisation and digitalisation initiatives enabled it to deliver solid operational results for 2021, despite impact from the ongoing pandemic. For the full year the multinational telco delivers stable subscription and traffic revenues and EBITDA. The strong free cash flow of NOK 13 billion (€1.31bn) supports the proposed dividend […]
The Global Internet Phenomena Report from network intelligence specialist Sandvine, which aggregates data from more than 160 Tier 1 and Tier 2 fixed and mobile networks worldwide, reveals what the company describes as “unprecedented” trends, including: Rapid growth of 1 Terabyte per month ‘heavy app users’, a trend that is expected to accelerate with the […]
The UK’s Competition and Markets Authority (CMA) will ask whether the music streaming market is working well for music lovers, as part of a study into the sector. Streaming has changed the way we listen to music. In the UK, more than 80 per cent of recorded music is now listened to via a streaming […]
Media workflow specialist Bitcentral has acquired direct-to-consumer video publishing solution provider Powr.tv. The Powr.tv end-to-end platform allows media networks and content owners to deploy OTT and mobile applications rapidly, broaden their reach to new audiences, and increase their revenue. Since its inception in 2016, Powr.tv’s OTT publishing platform has quickly grown to 10 million+ cumulative […]
Mustafa Suleyman, the co-founder of Google’s DeepMind AI lab has left Alphabet to join venture capital firm Greylock Partners, following a turbulent tenure. Suleyman will be a venture partner at Greylock, advising early-stage companies and investing in artificial intelligence start-ups. Suleyman had previously been vice president for AI product management and policy at Google, joining […]
Livestream commerce platform provider Firework has announced four new appointments to its executive leadership team – Suzanne Strasser Grant, Steve Stafford, Eva Wang, and Mark Wurtzel. These four, seasoned executives join the Firework team during a period of explosive growth. Together, they will work to both guide and accelerate the company’s upward trajectory as it […]
At the end of last year, Samsung announced it would open its own operating system to other TV manufacturers. This decision came only a few months after LG started to license its webOS TV platform to third-party TV makers, that would consequently be allowed to integrate LG’s operating system into their TV sets. LG already […]