Paramount’s Q1 disappointed Wall Street and paid the price with a 20 per cent stock drop. Ongoing losses in streaming added to soft advertising at its TV group last quarter and a dip in movies all contributed. Revenue was flat at $7.26 billion (€6.59), and the company swung to a loss of $1.1 billion for […]
RTL, the Luxembourg-based international media conglomerate, has reported that Q1 group revenue down 9 per cent to €1.4 billion, mainly due to significantly lower TV advertising revenue and the disposals of RTL Belgium (31 March 2022) and RTL Croatia (1 June 2022), which were still fully consolidated in Q1 2022. Group revenue was down 7.7 […]
NPAW, a specialist in video business intelligence solutions for online video businesses, will be providing its advanced analytics capabilities to Sportradar, a technology company focused on enabling next-generation engagement in sports by providing business-to-business solutions to the global sports betting industry. Through this agreement, Sportradar will utilise the NPAW Suite’s Video Analytics product to optimise […]
Roku, the streaming platform specialist, has reported that Q1 2023 total net revenue was $741 million (€671m), up 1 per cent year over year (YoY). Total active accounts were at 71.6 million, a net increase of 1.6 million from Q4 2022. Globally, Roku users streamed 25.1 billion hours in Q1, representing a record high of […]
Findings from omnichannel sell-side advertising company Magnite’s study, The Rise of Streaming TV: An In-Depth Look at How Streaming TV is Evolving in the Nordics, indicate that 78 per cent of TV viewers in the Nordics are watching streaming TV, which comprises television content streamed via the Internet on any device, and that it is […]
Brightcove, the streaming technology company, is launching Quality of Experience (QoE) Analytics and Insights, two new products to help media organisations and enterprises understand the quality of the delivery of their streaming video content and measure its impact on user experiences. The innovative solution uses machine learning to transform raw data into actionable insights that […]
The Consumer Technology Association (CTA) has released its first US Consumer Technology Software and Services Industry Forecast. The report shows that software and services account for 31 per cent ($151 billion) of the US consumer technology market in 2023. The sector’s rise is driven by a broadening portfolio of subscription services including new offerings like […]
FutureTV has announced the launch of its video distribution platform, aimed at transforming the way video content is distributed. With a focus on providing a more personalised and engaging experience for viewers, FutureTV’s cutting-edge platform offers a range of innovative features to enhance the user experience. The FutureTV platform provides a complete video distribution solution, […]
MSG+, MSG Networks’ new streaming service set to launch this summer, will use a cloud native OTT platform from Quickplay to optimise sports viewing experiences for consumers, MSG Networks and Quickplay have announced. In a platform innovation that will give MSG+ the significantly greater flexibility, agility and control needed to drive engagement and monetisation, MSG+ […]
Ateme, a player in video compression and delivery solutions, has announced the launch of its Virtual Lounge solution, which converges traditional television and gaming, enabling users to enjoy new experiences. The solution is a digital space embedding multiple low-latency OTT players. These players can stream the same event viewed from different angles, all in synch, […]