PwC, in its fifth annual TV and video consumption survey, reported that the number of U.S. consumers who have cut the cord with their pay-TV service providers continue to rise, but demand for live sports continues to be one major reason why many people remain reluctant to drop their traditional TV services.
The research giant said, “Cord cutting has more momentum than ever.” The survey reveals that 19% of respondents said they cut the cord, up from 17% in 2016 and from 16% in 2015.
At the same time, 73% of the 1,986 Americans in the age group of 18-59 years old with annual household incomes of more than $40,000 said that they still subscribed to pay-TV, down from 76% in 2016 and from 79% in 2015.
The number of viewers “trimming” their pay-TV subscriptions without cutting them completely also rose to 27% this year, up from 22% last year, and from 18% in 2015.
According to the report, at present the number of respondents who use Netflix is the same as those who use pay-TV.
At 63%, older consumers in the age group of 50-59 years old have the highest growth ratio for OTT services users, up from 48% in 2016.
Blockchain-powered transformation is inevitable, and the pace of experimentation and innovation is breathtaking. Eeveryone today is talking about blockchain and the potential it has to transform the way we communicate and do business. For industries like banking and finance the use of blockchain appears to be straightforward: securing transactions and locking down communications, but what does it mean for digital media and video?
Muvi has released a white paper that details how blockchain technology has the potential to solve Media and OTT industry’s long-standing struggles with issues such as royalty payment to artists, piracy, copyrights management and flawed advertising strategy. It’s understandable given that Blockchain will provide a business value-add of $176 billion by 2025 and $3.1 trillion by 2030 across industries.
Blockchain technology has the potential to solve Media and OTT industry’s long-standing struggles with issues such as royalty payment to artists, piracy, copyrights management and flawed advertising strategy, to name a few.
Also, media and broadcasting industry leaders are optimistic about resolving their content monetization challenges via blockchain-based media solutions.
WHY READ THIS WHITE PAPER?
To make sense of the Blockchain revolution and understand Blockchain’s role in driving innovation and solving challenges in OTT, Media and Broadcasting Industry
As per latest research reports published by Ooyala, more than 60% of all video plays will be on mobile devices within the first half of 2018.
This represents the 6th back-to-back quarter where Mobile devices domainted all online video plays by more than half!
Latest Global Video Index noted that the use of mobile devices to view long-form video is continuing to grow ‘dramatically’.
This is prominent predominately by consumption of short form clips by young viewers.
The avg time watch by a viewer for long form content grew by 77% on smartphones and 70% on Tablets in Q3'17.
Sports has been a key driver for mobile adaptation, with viewers preferring to watch the same on their phones.
Eros Now, the (over-the-top) OTT platform of Eros International has renewed its platform integration agreement with telecom giant Reliance Jio Infocomm.
As part of the new contract, Reliance Jio subscribers will have access to the online video content of Eros Now.
The agreement enables Jio subscribers to access the content catalog of Eros Now that comprises of full-length movies, thematic curated playlists, and functions such as multi-language subtitles for movies, music video playlists, regional language filters, video progression, and a watch list of titles.Eros Now boasts a registered user base of 80 million and 5 million paying subscribers worldwide as of 31 December 2017.
Rishika Lulla Singh, Eros Digital CEO, quoted, “Our journey with Jio has been very exciting and we are extremely happy to renew our association.
With increasing data penetration in India, our alliance with Jio reinforces our philosophy to provide the widest choice of high quality entertainment to consumers across all platforms.
As we continue to enhance our leading content offering, Jio users can enjoy the full and rich experience of the Eros Now service on Jio platform.
PwC, in its fifth annual TV and video consumption survey, reported that the number of U.S. consumers who have cut the cord with their pay-TV service providers continue to rise, but demand for live sports continues to be one major reason why many people remain reluctant to drop their traditional TV services.
The research giant said, “Cord cutting has more momentum than ever.” The survey reveals that 19% of respondents said they cut the cord, up from 17% in 2016 and from 16% in 2015.
At the same time, 73% of the 1,986 Americans in the age group of 18-59 years old with annual household incomes of more than $40,000 said that they still subscribed to pay-TV, down from 76% in 2016 and from 79% in 2015.
The number of viewers “trimming” their pay-TV subscriptions without cutting them completely also rose to 27% this year, up from 22% last year, and from 18% in 2015.
According to the report, at present the number of respondents who use Netflix is the same as those who use pay-TV.
At 63%, older consumers in the age group of 50-59 years old have the highest growth ratio for OTT services users, up from 48% in 2016.
Blockchain-powered transformation is inevitable, and the pace of experimentation and innovation is breathtaking. Eeveryone today is talking about blockchain and the potential it has to transform the way we communicate and do business. For industries like banking and finance the use of blockchain appears to be straightforward: securing transactions and locking down communications, but what does it mean for digital media and video?
Muvi has released a white paper that details how blockchain technology has the potential to solve Media and OTT industry’s long-standing struggles with issues such as royalty payment to artists, piracy, copyrights management and flawed advertising strategy. It’s understandable given that Blockchain will provide a business value-add of $176 billion by 2025 and $3.1 trillion by 2030 across industries.
Blockchain technology has the potential to solve Media and OTT industry’s long-standing struggles with issues such as royalty payment to artists, piracy, copyrights management and flawed advertising strategy, to name a few.
Also, media and broadcasting industry leaders are optimistic about resolving their content monetization challenges via blockchain-based media solutions.
WHY READ THIS WHITE PAPER?
To make sense of the Blockchain revolution and understand Blockchain’s role in driving innovation and solving challenges in OTT, Media and Broadcasting Industry
Eros Now, the (over-the-top) OTT platform of Eros International has renewed its platform integration agreement with telecom giant Reliance Jio Infocomm.
As part of the new contract, Reliance Jio subscribers will have access to the online video content of Eros Now.
The agreement enables Jio subscribers to access the content catalog of Eros Now that comprises of full-length movies, thematic curated playlists, and functions such as multi-language subtitles for movies, music video playlists, regional language filters, video progression, and a watch list of titles.Eros Now boasts a registered user base of 80 million and 5 million paying subscribers worldwide as of 31 December 2017.
Rishika Lulla Singh, Eros Digital CEO, quoted, “Our journey with Jio has been very exciting and we are extremely happy to renew our association.
With increasing data penetration in India, our alliance with Jio reinforces our philosophy to provide the widest choice of high quality entertainment to consumers across all platforms.
As we continue to enhance our leading content offering, Jio users can enjoy the full and rich experience of the Eros Now service on Jio platform.
As per latest research reports published by Ooyala, more than 60% of all video plays will be on mobile devices within the first half of 2018.
This represents the 6th back-to-back quarter where Mobile devices domainted all online video plays by more than half!
Latest Global Video Index noted that the use of mobile devices to view long-form video is continuing to grow ‘dramatically’.
This is prominent predominately by consumption of short form clips by young viewers.
The avg time watch by a viewer for long form content grew by 77% on smartphones and 70% on Tablets in Q3'17.
Sports has been a key driver for mobile adaptation, with viewers preferring to watch the same on their phones.