Pan African pay TV operator Kwesé has taken a sizeable undisclosed stake in iflix, a leading provider of SVoD services in the developing world, highlighting the rapid growth in video services across the region. This extends an existing relationship between the two companies established in August 2017 with Kwesé’s launch of iflix services on its TV platform, which spans most Sub-Saharan countries.
The Broadcast Bridge assesses how far UHD has come and finds rollout hindered by being inextricably bound up with the complexities of High Dynamic Range (HDR). The industry will be hoping for 4K consumer displays sales to kick off with the UHD HDR broadcast of the FIFA World Cup from Russia this summer.
International research and strategy consultancy, MTM, just released a report exploring challenges faced by the US broadcast industry in an increasingly OTT world. The study concludes that unless broadcasters move quickly to change how advertising is managed and sold, they risk being outmaneuvered by the major internet companies
With the continued evolution of the TV industry, established operators are working to develop their winning strategy to defend their existing business, while tapping into the consumers’ love affair with SVOD and other services. By taking the user experience as the essential element for future business decisions, they will be able to attract and retain the most valuable consumer segments, just as the distinction between pay-TV and OTT is blurring.
Dan Castles, CEO of Telestream for the past 20 years, has decided to retire, handing over reigns of the company to ex-Cisco executive Scott Puopolo. Under Castles’ 20-year leadership, Telestream has enjoyed consistent year-on-year revenue growth in an era when many broadcast equipment manufacturers have struggled to maintain profitability.
If there’s one thing that became very apparent during the Mayweather-McGregor pay-per-view experience, it’s that delivering live streaming premium events to large-scale audiences is inherently difficult. And notoriously unpredictable.