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Video on Demand (VoD) Market worth $270.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Wednesday, March 6, 2024

Furthermore, the global pandemic has accelerated the adoption of VoD platforms as lockdown measures increase screen time and home entertainment demand.

Key Points:

Furthermore, the global pandemic has accelerated the adoption of VoD platforms as lockdown measures increase screen time and home entertainment demand.
These services often include content delivery networks (CDNs) that optimize the distribution of video files, reducing buffering times and enhancing the viewing experience.
Encoding and transcoding services are also essential for preparing video content in various formats, making it compatible with different devices and network conditions.
Furthermore, content management services are integral to the VoD Market, providing tools for cataloging, organizing, and curating vast libraries of digital content.

Video on Demand (VoD) Market worth $270.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Wednesday, March 6, 2024

Furthermore, the global pandemic has accelerated the adoption of VoD platforms as lockdown measures increase screen time and home entertainment demand.

Key Points:

Furthermore, the global pandemic has accelerated the adoption of VoD platforms as lockdown measures increase screen time and home entertainment demand.
These services often include content delivery networks (CDNs) that optimize the distribution of video files, reducing buffering times and enhancing the viewing experience.
Encoding and transcoding services are also essential for preparing video content in various formats, making it compatible with different devices and network conditions.
Furthermore, content management services are integral to the VoD Market, providing tools for cataloging, organizing, and curating vast libraries of digital content.

Use of Ad-supported Business Models Jumps to 41% In US Households, up from 31% Six Months Ago

Retrieved on:

Thursday, November 9, 2023

DALLAS, Nov. 9, 2023 /PRNewswire/ -- Parks Associates' latest research shows a dramatic increase in the use of ad-based video services, as the number of US internet households that recently used an AVOD/FAST video streaming service increased from 31% in Q1 2023 to 41% in Q3 2023. The research firm's Video Service Consumer Insights Dashboard highlights the key metrics in streaming and video services, with trending data based on Parks Associates' ongoing consumer survey work of US internet households.

Key Points:

Parks Associates will host its sixth annual Future of Video: OTT, Pay TV, and Digital Media on November 14-16 at the Marina del Rey Marriott in Marina del Rey, California .
The agenda features industry leaders from AiBUY, ESPN, Google, Hallmark Media, LG, Love Stories TV, Paramount, Red Nation Television Network, Sling TV, XUMO, and more.
She will share new research from Parks Associates to illustrate new bundling and partnership strategies for service providers in the OTT service space.
"Streaming providers are raising prices and cracking down on account sharing in search of profitability, but consumers are struggling to make ends meet.

Parks Associates hosts Tubi, SymphonyAI Media, Verizon, Sling TV, Paramount, Google, and more at Sixth Annual Future of Video, Nov 14-16 in Marina del Rey, CA

Retrieved on:

Thursday, November 2, 2023

DALLAS, Nov. 2, 2023 /PRNewswire/ -- Parks Associates' entertainment research finds streaming video services are among the top value-added services for US internet households when considering service bundles and providers. Forty-six percent of US internet households rate a streaming video service as highly valuable to their household, slightly behind the 47% who value a service that monitors and improves Wi-Fi in the home.

Key Points:

DALLAS, Nov. 2, 2023 /PRNewswire/ -- Parks Associates' entertainment research finds streaming video services are among the top value-added services for US internet households when considering service bundles and providers.
Forty-six percent of US internet households rate a streaming video service as highly valuable to their household, slightly behind the 47% who value a service that monitors and improves Wi-Fi in the home.
The event is sponsored by Adeia, AiBUY, Bango, FPT Software, JW Player, Penthera, and SymphonyAI Media.
"We are excited to talk about all that's happened in 2023 and what's to come in 2024 for the business of streaming," said Eric Sorensen , Director, Streaming Video Tracker , Parks Associates.

Haivision Announces Results for the Three Months and Six Months Ended April 30, 2023

Retrieved on:

Wednesday, June 14, 2023

Operating loss was $0.9 million, a $1.1 million decrease compared to an operating profit of $0.1 million the prior year.

Key Points:

Operating loss was $0.9 million, a $1.1 million decrease compared to an operating profit of $0.1 million the prior year.
Financial Results for the six months ended April 30, 2023
Revenue of $69.2 million represents an increase of 18.8% from the prior year.
discussion and analysis for the three months and six months ended April 30, 2023.
Haivision will hold a conference call to discuss its second quarter financial results on Thursday, June 15, 2023 at 8:30 am (ET).

SRT Alliance Surpasses 600 Members and Welcomes Paramount, Cloudflare, Dolby.io, Chyron, JW Player, THEO Technologies, and EVS

Retrieved on:

Friday, March 10, 2023

MONTREAL, March 10, 2023 /PRNewswire-PRWeb/ -- Haivision (TSX: HAI), a leading global provider of mission-critical, real-time video networking and visual collaboration solutions, today announced that the SRT (Secure Reliable Transport) protocol has garnered near-universal support within the broadcast and streaming industries, with over 600 solution and service providers joining the SRT Alliance within six years.

Key Points:

The latest members of the SRT Alliance include Paramount, Cloudflare, Dolby.io, Chyron, JW Player, THEO Technologies, EVS, BuyDRM, Blackbird, Backlight, and Barco.
"SRT continues to influence the way that the world is streaming video," said Pablo Hesse, VP of Strategic Initiatives, Haivision.
"Now 600 vendors strong, the SRT Alliance continues to champion the adoption of SRT as the gold standard that global streaming, technology, and broadcast organizations trust for their complete broadcast workflows."
"The video industry has benefited greatly from the SRT protocol, especially on the contribution feed side for live video.

JW Player Acquires InPlayer to Expand Its Monetization and Audience Insights Offering

Retrieved on:

Tuesday, January 17, 2023

Software, Other Communications, Audio, Video, Publishing, Media, Advertising, Communications, Technology, JW Player, JW, Acquisition, Software as a service, AVOD, CPO, TVOD, SVOD, Video game

JW Player , the leading SaaS video platform for broadcasters, publishers, and other video-driven companies, today announced it is acquiring InPlayer, a leading provider of subscription management and identity management technology.

Key Points:

JW Player , the leading SaaS video platform for broadcasters, publishers, and other video-driven companies, today announced it is acquiring InPlayer, a leading provider of subscription management and identity management technology.
The acquisition broadens JW Player’s end-to-end video platform capabilities by helping broadcasters and other video-driven businesses more easily monetize their subscription-based business and by providing rich audience insights.
In June of 2021, JW Player announced it raised $100M from LLR Partners to build subscription and other monetization tools as part of its end-to-end video platform.
"Today is an important step in further differentiating JW Player's video monetization capabilities from that of other video platforms," said Dave Otten, CEO and co-founder of JW Player.

Informa Tech’s Inaugural Media & Entertainment Leaders Summit Welcomes 250 Television and Streaming Industry Changemakers

Retrieved on:

Thursday, December 1, 2022

Audio, Video, Thought Leadership, Telecommunications, TV and Radio, Software, Internet, Professional Services, Consumer Electronics, Social Media, Technology, Entertainment, Mobile, Wireless, Digital Marketing, Online, Advertising, Communications, Media, Apps, Applications, BBC Studios, London Stock Exchange, Mask, AACTA Screen Content Innovation Award, Summit, Social media, Strategy, JW Player, Eurovision Song Contest, M&E, ITV, Digital television, Digital, Dnata, Virgin Media, FTSE, Disney Media and Entertainment Distribution, VIA, Partnership, Television, Travel, Business operations, Sport, Church House, Informa, Executive, Church, Information services, Business development, TBI, MELS, News, Netflix, Vias, MENA, Sky Studios, META, Knowledge, Advertising, Marketing, Media Group, FAST, Meta, Church House, Westminster, Video game, Cineflix, Paramount, Roku, Media

The inaugural Media and Entertainment Leaders Summit (MELS) from Informa Tech properties Omdia, Digital TV Europe and Television Business International assembled 250 media, tech and entertainment changemakers at Church House Westminster in London on 16 November for a full-day event to incubate what it takes to win at the critical intersection of content, technology and strategy.

Key Points:

The inaugural Media and Entertainment Leaders Summit (MELS) from Informa Tech properties Omdia, Digital TV Europe and Television Business International assembled 250 media, tech and entertainment changemakers at Church House Westminster in London on 16 November for a full-day event to incubate what it takes to win at the critical intersection of content, technology and strategy.
MELS saw these television and streaming industry leaders come together to discuss and share their experience, knowledge, and ideas on topics such as FAST channels, the future of sports, live-streaming, production, TV-as-an-app, and super-aggregation.
The aim of the Media and Entertainment Leaders Summit was to bring in the room thought leaders across the M&E industry in an intimate event that allowed them to share ideas and connect between them.
All sessions from the 2022 Media and Entertainment Leaders Summit can continue to be viewed online; all those interested in virtual passes can still register online at https://tmt.knect365.com/media-entertainment-leaders-summit/ .

EstrellaTV’s ‘Premios de la Radio’ Drives Audience Reach of Nearly 40M Across Broadcast, Social, FAST, and Streaming Platforms

Retrieved on:

Monday, November 14, 2022

View the full release here: https://www.businesswire.com/news/home/20221114005949/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20221114005949/en/
Estrella Media's "Premios de la Radio" drives an audience of nearly 40M across broadcast, social, FAST, and streaming platforms.
(Graphic: Business Wire)
In the U.S., Premios de la Radio content reached almost 1.3 million linear TV viewers who, on average, watched more than an hour of the awards show.
From Thursday, November 3, thru Sunday, November 6, Premios de La Radio drove record-high performance and viewership across EstrellaTV's streaming platforms (including the EstrellaTV App, EstrellaTV.com, and the EstrellaTV FAST channel) during the Live+3 window.
Source: Estrella TV linear reach is based on all PDLR programming content for the week of 10/31/22 (Programming includes Camino a Premios de la Radio 2022, Premios de la Radio Alfombra Roja, Premios de la Radio 2022 premiere and encore).

Dreamscape Expands Executive Leadership Team

Retrieved on:

Thursday, October 13, 2022

NEW YORK, Oct. 13, 2022 /PRNewswire/ -- PC Dreamscape, Inc. ("Dreamscape"), a portfolio company of the private equity firm GTCR, has expanded its executive leadership team with the appointments of Dmitri Zolotkovsky as Chief Financial Officer, Dave Hogan as Chief Technology Officer, Rose Zory as Chief Human Resources Officer, and Harmon Lyons as Executive Vice President and General Manager.

Key Points:

NEW YORK, Oct. 13, 2022 /PRNewswire/ -- PC Dreamscape, Inc. ("Dreamscape"), a portfolio company of the private equity firm GTCR, has expanded its executive leadership team with the appointments of Dmitri Zolotkovsky as Chief Financial Officer, Dave Hogan as Chief Technology Officer, Rose Zory as Chief Human Resources Officer, and Harmon Lyons as Executive Vice President and General Manager.
He comes to Dreamscape after four years as Chief Financial Officer at OpenSlate, which was acquired by DoubleVerify in November 2021.
Joining Dreamscape as Chief Technology Officer, Hogan will be responsible for bringing best in class products to the market.
Under the guidance and expertise of our expanded leadership team, Dreamscape - and the companies under it - will further solidify itself as a leader in the advertising space and continue to expand the scope and functionality of our solutions to further help our clients."