Category: streaming

Are the Oscars over?


This post is by Om Malik from On my Om


Today is the day of the Oscars — Academy Awards that celebrate excellence in the art of movie-making. There was a time when this was a red-letter day on my calendar. I have not paid much attention to this made-for-TV spectacle since I cut the cord. 

I am not the only one who has become disinterested in the Oscars and its television broadcast. In the 1990s, Oscars ceremony broadcasts would get about 55 million viewers in the United States, and in 2021, it was 9.85 million. ABC pays $100 million a year for the rights, and ad revenues have been around $130 million, making some wonder if they have peaked. 

Looking at the lack of ratings, meaningless broadcast, and movie stars losing their star appeal, LA Mag asks the all-important question: “Are the Oscars over?” 

Read article on LA Mag

Carlyle to acquire live broadcasting and streaming tech outfit LiveU for over $400M, say sources



Streaming is the name of the content game these days, and now one of the companies that builds tech to do this from anywhere in the world is getting acquired. LiveU — whose satellite/cellular hardware and software for capturing and delivering live streaming and broadcasting video is used by over 3,000 large media organizations — is going to be acquired by private equity firm Carlyle, multiple sources tell TechCrunch, for a value of over $400 million.

LiveU is based in Israel, and the deal was reported to be in the works by local press. Our sources say that the acquisition is in the final stages of closing and could be announced as soon as today or tomorrow. A LiveU spokesperson declined to comment on the story, and a Carlyle spokesperson did not respond to a request for comment.

What is notable is that this is the second time that LiveU has changed hands in the space of two years: the company was previously acquired by Francisco Partners, another PE firm, for at $200 million.

The quick jump in valuation, more than doubling in 25 months, is due in part to the huge surge of interest we’ve seen for video content.

It was not that long ago that you only watched live video on television, using a limited set of broadcast channels. Now, we have live, or near-live, or on-demand moving pictures coming at us from everywhere. On-demand and live streamed video can be found on apps (both those dedicated (Read more...)

SoftBank Vision Fund 2 invests $160M in media localization provider Iyuno-SDI Group



Iyuno-SDI Group, a provider of translated subtitles and other media localization services, announced today it has raised $160 million in funding from SoftBank Vision 2. The company said this makes the fund one of its largest shareholders.

Iyuno-SDI Group was formed after Iyuno Media Group completed its acquisition of SDI Media last month. In a recent interview with TechCrunch, Iyuno-SDI Group chief executive officer David Lee, who launched Iyuno in 2002 while he was an undergraduate in Seoul, described how the company’s proprietary cloud-based enterprise resource planning software allows it to perform localization services—including subtitles, dubbing and accessibility features—at scale.

Iyuno also built its own neural machine translation engines, trained on data from specific entertainment genres, to help its human translators work more quickly. The company’s clients have included Netflix, Apple iTunes, DreamWorks, HBO and Entertainment One.

Now that its merger is complete, Iyuno-SDI Group operates a combined 67 offices in 34 countries, and is able to perform localization services in more than 100 languages.

SoftBank Group first invested in Iyuno Media Group through SoftBank Ventures Asia, its venture capital arm, in 2018. SoftBank Vision 2 will join Lee and investors Altor, Shamrock Capital Advisors and SoftBank Ventures Asia Corporation on Iyuno-SDI Group’s board of directors.

Which Streaming Service Has the Most Subscriptions?


This post is by Omri Wallach from Visual Capitalist


Streaming Service Subscriptions 2020

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Which Streaming Service Has The Most Subscriptions?

Many companies have launched a streaming service over the past few years, trying to capitalize on the digital media shift and launching the so-called “streaming wars.”

After Netflix grew from a small DVD-rental company to a household name, every media company from Disney to Apple saw recurring revenues ripe for the taking. Likewise, the audio industry has long-since accepted Spotify’s rise to prominence, as streaming has become the de facto method of consumption for many.

But it was actually the unexpected COVID-19 pandemic that solidified the foothold of digital streaming, with subscription services seeing massive growth over the last year. Although it was expected that many new services would flounder along the way, media subscription services saw wide scale growth and adoption almost across the board.

We’ve taken the video, audio, and news subscription services with 5+ million subscribers to see who came out on top—and who has grown the most quickly—over the past year. Data comes from the FIPP media association as well as individual company reports.

(Read more...)