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Ooyala’s management buys out company from Telstra

Ooyala’s management have completed its buyout of the company, after owner Telstra wrote down the value of the video business to zero earlier this year. The Australian telecoms company said that the agreement comes with sharing arrangements for Telstra if Ooyala achieves profitable growth and is sold in the future. Ooyala CEO, Jonathan Huberman, added […]

Ampere: Facebook video viewing audience in decline in US, Europe

Online video audiences for Netflix and Amazon are increasing, but Facebook is experiencing a decline in video viewing, according to Ampere Analysis. The research firm said that since the third quarter of 2016, the proportion of US internet users who have watched videos on Facebook in the past month has declined from 35.5% to 23.7%. […]

Jaunt winds down VR activities to focus on AR

Jaunt has announced that it will wind down a number of virtual reality (VR) products and content services in the coming weeks as it shifts its focus to augmented reality (AR). In a blog post, the immersive media company – which is backed by the likes of Sky, Disney and ProSiebenSat.1 – said that it “had […]

BBC’s distribution is going through ‘radical change’

BBC Studios CEO Tim Davie said that the company’s distribution business is going through a “radical change” during a MIPCOM keynote, where he explained the decision behind bringing the BBC’s production and distribution arm together earlier this year. Davie noted during the conference that the aim of the merger is to bring British, high-end, editorialised […]

Report: Walmart in talks over opening Vudu to streaming partners

Walmart is reportedly looking to take on Amazon by offering subscription services like HBO Now, Showtime and Starz through its US video-on-demand service Vudu. According to Bloomberg, Walmart is in “exploratory” discussions about opening up its transactional VOD store – which lets users buy and rent movies and TV content – to third-party streaming services. […]

IHS Markit: 8K TV shipments to approach 2m units by 2020

The “next wave” of resolution transition will kick off towards the end of this year when major global TV brands launch 8K sets, according to IHS Markit. The research firm estimated that the 8K TV market will grow from less than 20,000 units shipped in 2018 to shipments of more than 430,000 in 2019, approaching […]

Eutelsat appoints Technicolor exec as chief innovation officer

Eutelsat has appointed former Technicolor executive, Gary Donnan, as chief innovation officer. Reporting to CEO Rodolphe Belmer, Donnan will be tasked with defining Eutelsat’s innovation roadmap and developing innovation initiatives across the group. He will also focus on creating stronger links with innovative companies in order to step up the roll-out of emerging technologies at […]

Agama introduces AI anomaly detection

Video service quality and customer experience company, Agama Technologies, has introduced artificial intelligence-powered anomaly detection. The AI and machine learning-based offering is an extension to the Agama solution that is designed to provide anomaly alarms with “unprecedented precision”. “Separating actual anomalies from normal variations in KPIs is an excellent example of how AI and machine […]

Deloitte: teenagers to boost SVOD growth in the next five years

A growing number of UK teenagers will subscribe to VOD services as they opt to spend pocket money on media that caters to their individual interests, according to Deloitte. The company’s ‘Future of TV’ research said that with children in the UK averaging £11.20 per-week in pocket money, and pay TV subscription services typically starting at around […]

UK PSBs call for new prominence rules to tackle tech giants

The UK’s public service broadcasters have asked the government to guarantee the prominence of their linear and on-demand services in the face of mounting pressure from global giants like Netflix. In an open letter signed by the heads of the BBC, ITV, Channel 4, Channel 5, STV and S4C, the broadcasters urged broadcast regulator Ofcom to modernise […]

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