Articles for Tim Siglin - Streaming Media streamingmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streamingmedia.com Daily Mail and Mail on Sunday newspapers.
Why Should Broadcasters Make the Switch to the Cloud? streamingmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streamingmedia.com Daily Mail and Mail on Sunday newspapers.
Navigating the COVID Content Collapse: What s Next for Streaming TV
The past year has seen an incredible increase in streaming viewers, with major platforms Netflix, Amazon Prime Video, Hulu, and Disney+ have all experienced staggering subscription growth since February 2020. Still other data shows that more than 25% of consumers added at least one streaming service during the pandemic.
In the months ahead, perhaps the biggest new competitor in the streaming space isn t another subscription service (aka SVOD), but instead, the proliferating new entries in the FAST (free, ad-supported streaming TV) category. According to one recent report, the average American viewer uses about seven different streaming services and most 79% to be precise said that they would rather use free, ad-supported streaming than subscribe to another paid service.
The Keys to Launching Premium Quality, Profitable VOD Services in 2021
Global VOD usage is massive. According to a recent 2020 THEME Report from the Motion Picture Association (MPA), subscriptions to online video services in 2020 surpassed one billion for the first time – reaching 1.1 billion globally – and this number is set to continue rising. In addition, the global VOD service market is expected to reach a valuation of around $183 billion by 2031.
Given the explosive growth track of VOD and today’s super-competitive landscape, it’s more important than ever for content owners, service providers, operators and broadcasters to understand the key elements required to launch a profitable VOD service. Cloud-based video streaming platforms offer significant benefits over on-premises hardware, the depths of which will be explored in this article.