The article is to explain a few basic metrics on Netflix business model and how it has changed over the years. The media and entertainment industry is one of the leading growth sectors of recent times contributing to billions of US dollars every year. One of the main elements of this sector is the television industry. However, with the fast-paced nature of everyone’s life, nowadays it has become almost impossible to watch one’s favorite shows at a particular time on a daily basis. Netflix, an online streaming media services pave the way for all customers for easy access of their…
video on demand
Top 20 Online VOD Platforms in Asia [UPDATED 2019]
Gone are the days of TV subscriptions and DVD rentals. Video on demand (VoD) services are ushering in an era of convenience for the digital consumer. These are newer, sometimes much affordable, alternatives to cable entertainment. Connectivity allows consumers to shift to VOD platforms, without sacrificing quality content. Now, all eyes are on Asia as it’s predicted to be the main driver of growth in the VOD industry. Let’s look at 20 streaming platforms used among Asians. Video-on-Demand from China 1. Youku Tudou Platforms:Web, iOS, Android, PC, Smart TV Countries: China The most populous nation in the world occupies almost half…
3 Ingredients for building a killer Movie Recommendation Engine
The need to develop a video recommendation engine 80% of all content consumed on Netflix is discovered on the platform. This means that 80% of the time that someone spends on the Netflix platform is because of Netflix’s recommendation algorithm. Recommendation engines have become a very common aspect of all Video on Demand Platforms. Each new user might sign up on your platform in search of some specific title but to ensure that they become returning users you do need a personalisation engine in place. For instance, I joined Netflix just because i wanted to watch the TV show called…
7 Key Ingredients to building a massively successful OTT Platform
OTT Platforms in the recent years have empowered customers by providing them with a variety of choices for their entertainment needs. Users are no longer tied down to traditional mediums such as satellite cable. Surfing through channels are now a thing of the past, and one can now make informed decisions about what to watch. An extremely high level of personalisations allows these platforms to predict what a user will most likely watch. Worldwide revenue for Over-the-top tv and videos is expected to cross $80 billion by 2022. It is safe to say that this phenomenon is here to stay…
VOD Platform Builder and TVOD vs SVOD Comparison
We present a comparison on TVOD & SVOD with pros & cons. Video on Demand (VOD) is a hot word today. Movies and Education sites are bombarding users with massive online content on their websites and apps. Such VOD platforms use multiple revenue models to monetise content. The top of these are TVOD, SVOD & AVOD. This article takes a look at TVOD and SVOD, brings out a comparison and implementation module for these. What is TVOD (Transactional Video on Demand) ? As the name suggests for TVOD, user makes a payment for particular choice of video or small combination…
Hollywood’s Premium Video on Demand Model
Streaming video has opened the floodgates to home entertainment. With inexpensive subscriptions to Netflix, Amazon Prime and niche subscription video on demand platforms, you now have access to limitless content within a few clicks. Underlying technological shifts have led a ginormous rise in subscription video on demand platforms. These same shifts have also contributed to an equally dramatic collapse in DVD sales. DVD sales are declining and being beaten by Subscription Video on Demand DVD revenues have, since their launch in early 2000s, dominated the home entertainment market. At their peak in 2006, DVD sales dwarfed box office receipts. The…