As per a KPMG Report, the online gaming revenue will reach from Rs 20 billion in FY14 to Rs 44 billion in FY18, and it will grow by 22 per cent Compound Annual Growth Rate (CAGR) by FY23 and reach Rs 119 billion.
ZEE5, the leading video on demand (VoD) platform, is on the mission of boosting its global reach; it has now reached a distribution deal with Malaysia’s leading telecom operator Celcom. The agreement will provide Celcom customers a secure and convenient payment mode, through Apigate’s Direct Carrier Billing API, to subscribe to ZEE5’s rich content bouquet.
Leading OTT platform Eros Now’s content will now be available in most of the Europe including France, Ireland, Australia, Switzerland, Gibraltar, as the platform has partnered with the UK-based entertainment & TV service provider netgem.tv.
To add more strength in its digital segment, the Walt Disney Company is in dialogue with AT&T to buy 10 per cent stake that WarnerMedia owns in the streaming platform Hulu.
According to a report from Rethink TV research, subscription based video on demand (SVoD) will overtake traditional TV viewing soon after.
While speaking at the IIT Kanpur on the occasion of ‘Digital Broadcasting and Future of Journalism’ held recently, Prasar Bharati CEO Shashi Shekhar Vempati said that the future of digital broadcasting is moving towards direct to mobile (DTM) from direct to home (DTH).
Viu, the leading OTT platform which is already present in 16 countries including Hong Kong, Singapore, Malaysia, India, Indonesia, the Philippines, Thailand, Myanmar and Middle East countries of UAE, Saudi Arabia, Egypt, Bahrain, Iraq, Jordan, Kuwait, Oman and Qatar, has now launched its services in South Africa.
Virgin TV customers can now watch hits from the vast library of OTT platforms, Voot and Eros Now. The platform has become the UK’s first Pay TV provider to add an on demand library with this partnership.
India’s leading music streaming platform Hungama Music has registered a spike in its user base and nearly 40 million songs were downloaded in 2018.
Giving a tough competition to OTT platforms, the social media giant Facebook will offer live-streaming of El Clasico, the biggest club fixture in the world. Viewers can follow LaLiga’s official Facebook Page to add their match to their Watchlist.
Spotify, one of the world’s biggest music streaming services, has finally entered India with 30-day free trial and cheaper rates. The app is available for download on Google’s Play Store and Apple’s App Store. It’s also available on desktop for Windows and MacOS.
Vindicia CashBox, which addresses the demands of OTT and Internet companies to provide enhanced digital experiences while also driving higher subscription revenue growth, has partnered with the leading video on demand (VoD) platform Eros Now.
To boost the mobile and in-app advertising for faster growth, the Republic World has partnered with Airtory. The latter will help its advertisers to build and deploy interactive engaging ad experiences within a short turnaround time.
Apigate, whose global network reaches 3.5 billion people, comprising more than 110 mobile network operators across Asia, the Middle East, Africa, Europe and Latin America, has partnered with leading OTT platform Zee5.
To expand its footprints globally, the leading Bengali digital content platform hoichoi is now available on Android TV as well as on Roku. While Android will help it to reach globally, Roku will give it entry into the US.
India’s leading video on demand (VoD) platform ZEE5 has partnered with Dialog Axiata, Sri Lanka’s premier connectivity provider, to capture the island’s markets.
Owned by the leading Cambodian telecom operator Smart Axiata, Pleng is a music streaming platform in Cambodia. Recently, it has partnered with the digital entertainment company Hungama Digital Media.
Setting a record in India, the leading sports gaming platform Dream11 has crossed 5 crore registered users mark.
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