China’s company and owner of video app TikTok is facing $500,000 a day loss since it was banned in India recently. There are 250 jobs which are now at risk.
Reacting the Chinese app TikTok’s ban, the Internet and Mobile Association of India (IAMAI) said the ban is "arbitrary" and it could impede foreign direct investment and affect expansion of the digital India initiative.
On 22 April, the OTT platform Eros Now has been ordered by the Election Commission of India (ECI) to stop streaming of a five-part series about India’s PM Narendra Modi-- Modi: Journey of a Common Man.
The popular video on demand (VoD) service SonyLIV has partnered with the telecom operator Vodafone-Idea. With this, the Vodafone Idea customers will be able to consume SonyLIV content on Vodafone Play or Idea Movies & TV app and watch their favourite shows, movies and web series for no extra cost.
According to an analysis by Media Partners Asia (MPA), there would be a big boom of online video market in the Asia Pacific in next 5 years. The growth will be driven by mobile broadband connectivity, drives digital growth and scalability across the region.
As per latest report by Futuresource Consulting, Subscription Video on Demand (SVoD) has reached more than 60% of households in North America, 26% in Western Europe, 21% in Asia-Pacific and 19% in LATAM.
Though the popular short form video platform TikTok has been banned in India and has vanished from Playstore, its owner Chinese company ByteDance is planning to invest $1 billion in India, as per Zhen Liu, SVP, ByteDance.
The global leader in live-streaming, Netflix has added 9.6 million new subscribers in Q1 of FY 2019. It has gone ahead of all estimates by various analysts by setting this record. The addition is up 16% year-on-year (y-o-y).
The leading OTT platform by Ekta Kapoor’s Balaji Telefilms, ALTBalaji has invested huge sum on original content and global expansion. The platform hopes to have a breakeven in next 12 to 18 months.
On 17 April, the Supreme Court refused to trash the order passed by the Madras High Court banning the Chinese app TikTok. Following the new development, TikTok vanished from Google and Apple app stores.
This time, all social media platforms are taking strong steps to ensure the Election Commission of India (ECI) successfully conducts clean election. The Google-owned OTT platform YouTube too has launched many features to make news experience more transparent and contextual in poll-bound India.
The Google owned biggest OTT platform YouTube has recently launched YouTube Music. It has registered 3 million downloads within the first week of its launch in India.
Taking a leaf from the massive popularity of Netflix’s Black Mirror: Bandersnatch, the Google owned OTT platform YouTube will soon launch interactive content.
After launching across 190+ countries in October 2018, the ZEEL-owned streaming platform ZEE5 is going to showcase its global expansion plans at APOS (Asia Pacific Video Operators Summit), being held from 23rd to 25th April 2019 at Bali.
From 11th March 2019 when the elections were announced till 11th April 2019 when the voting for the First Phase was started, the micro-blogging site Twitter has recorded 45.6 million tweets related to election.
As per Ampere report based on analysis of renewals and cancellations between September 2018 and March 2019, the users do not like ant Original series beyond two seasons. They want new things.
As reported a few days back, the Madras High Court has recently advised the Central government to ban the TikTok app claiming it was encouraging pornography among youngsters. Now, as per a survey by news app Inshorts, each out of 10 millennials living in India want the controversial Chinese video app TikTok to be banned.
India has become the biggest subscriber’s base for the Google-owned OTT platform YouTube with more than 265 million monthly active users, an 18 percent growth over last year's numbers.
By a reputed Registered MSO at Hyderabad
(Qualification and Experience is must, Accommodation will be provided for outsiders)
No right click