The online video boom is still in its early stages in Australia, but streaming video already has begun to cut into the time consumers spend watching broadcast television, while also seeing huge gains in the amount of time video was watched on smartphones and tablets.
The increased availability of quality premium content to stream, along with the growing number of services delivering over-the-top content, is fueling rapid growth in the number of broadband households in the United States that have at least one TV connected to the Internet.
Indonesia says it will crack down on global Internet firms that do business in the country but aren’t paying , saying it will block services that don’t have “permanent establishment” status there.
The country wants firms like Google, Facebook, Twitter and Netflix to establish a local presence in Indonesia, as do other companies in industries like oil.
That local presence, at minimum a representative office, would then allow firms to be taxed.
The recipe for a successful – or at least a popular – over-the-top (OTT) or subscription video on-demand (SVOD) is a relatively simple one:
More than 68 million mobile device subscriptions across the world were added in Q4 2015, including 21 million in India, 6 million in China, 5 million in each of the U.S. and Myanmar and 3 million in Nigeria, with mobile traffic growing 65% year-over-year.
Globally, there are 7.3 billion subscriptions, according to Ericsson’s latest Mobility Report, which was released for Mobile World Congress in Barcelona this week, roughly the same number as there are people in the world.
This article originally appeared on Streaming Media.com.
Share your Netflix password? Maybe loan a friend your HBO password for the weekend? Aye, bucko, it’s a pirate’s life for you.
But, while media companies could be losing revenue—as much as $500 million annually, one study estimates—from the “friendliness” of subscribers, password sharing isn’t a major worry, even though a Consumer Reports survey found nearly half of Americans admit to it.
Belt tightening has prompted Yahoo to close its offices in Argentina and Mexico, although it said it has plans to continue to operate in Latin American through its offices in Brazil and Coral Gables, Fla.
The news was first reported in Tech Crunch.
A Yahoo spokesperson confirmed the move and attributed the decision by the struggling Internet company on an effort to focus on “maximizing growth.”
If there’s anything likely to help the tech industry’s lagging self-confidence after lackluster earnings from Apple and Netflix’s apparent swift fall from grace, it’s got to be Facebook, which reported Q4 revenue that topped $5.8 billion, a subscriber base that’s climbed to 1.59 billion and a claim that more than 500 million Facebookers watch 100 million hours of video daily on the social media site.
Like the Star Wars movie franchise, consolidation in the digital media space is continuing. This time, it’s IBM that has acquired a small startup looking for a good exit. Big Blue is gobbling up live streaming specialist Ustream, with plans to add the company to a new Cloud Video Services unit that will focus on enterprise. Terms of the deal were not disclosed, but some sources report IBM paid about $130 million for the San Francisco-based start up.
Listening to NFL execs after last October’s regular-season experiment, in which it partnered with Yahoo for a first-ever live Internet broadcast of a regular season game, there was little doubt the league wanted to move forward.
The big questions were: With whom? When? And to what extent?
The answers: Google or Apple, next season and limited.
Virtual reality is making big headlines at CES this year, but 4K/UHD remains a major staple of the show after making a big splash last year.
Roku this week said it plans – along with hardware partners TCL, Hisense and Haier – to introduce some 60 models that have company’s streaming platform built in to them in 2016, up from 40 this year, and said some of them will be 4K UHD screens.