OTT platform and multiscreen solution provider Visual Unity announces an investment of $7.2 million from 3TS Capital Partners, the growth capital technology fund. This investment will strengthen Visual Unity’s delivery of end-to-end OTT solutions on a global scale. The investment of 3TS, into Visual Unity is from their Cisco, EBRD, EIF and OTP backed growth […]
Italy’s media industry lost €3.4 billion over the past five years, representing a 35 per cent drop compared to 2008, according to Rodolfo de Laurentiis, the president of Confindustria Radio TV. Speaking at the annual assembly of the industry group, he pointed out that leading broadcasters RAI and Mediaset lost more than €200 million per […]
With the nation gearing up to watch the most exciting global football event of the year, free-to-air live TV streaming service TVPlayer is offering consumers the opportunity to watch the live matches in one place – completely free! A survey recently conducted by TVPlayer reveals that that 81 per cent of its respondents will be […]
World Cup fans in the US will be watching the 2014 tournament across multiple devices, often simultaneously, according to an analysis from Experian Marketing Services, a global provider of integrated consumer insight. Specifically, World Cup fans are 31 per cent more likely than average to watch online video across multiple devices, with 64 per cent […]
Research from Parks Associates reports that usage of Google Chromecast appears to be declining while adoption of streaming media players has increased to nearly 20 per cent of US broadband households, up from 14 per cent in 2012. The research, which includes data and analysis of a Q1 2014 consumer survey of
The Spanish Competition watchdog CNMC has ruled that Telefonica’s bundling of free TV content within its Fusion TV offer is not in breach of any competition rule, rejecting a complaint filed by Orange Spain. Orange argued that the incumbent operator was abusing its position in Spain to reduce competition in the telecoms sector by offering […]
Telefonica, through Movistar TV, is emulating the Netflix model by launching a flat fee access to a wide range of films and TV series on demand, excluding premieres. The price is yet to be confirmed, although it is likely to be similar to Netflix´s €6.60 charged in other countries. With the move, Telefonica aims to […]
Netflix co-founder and CEO Reed Hastings is now officially a billionaire, according to a report by Forbes. Hastings started Netflix with Marc Randolph in 1997 and saw the company through its IPO in 2002. Hastings is also a board member at Facebook and spent five years on the board at Microsoft. During his tenure at […]
Internet entertainment streaming service Netflix has introduced a further feature to its Android app designed to make it easier to enjoy more TV shows and movies. Writing in the Netflix Corporate Blog, Rob Caruso director, engagement management and Francois Goldfain, engineering manager at Netflix said: “If you use Netflix on Playstation 3, our website or […]
Research from market intelligence firm TDG suggests that despite the fact that US incumbent pay-TV operators enjoyed a small net subscriber gain in Q1 2014 – a reversal of recent quarterly trends – the reality is that today’s pay-TV subscribers are just as inclined to cancel their service today as they have been since 2011. […]