5G to Drive $1.3 Trillion in New Revenues in Media and Entertainment Industry by 2028, says Intel

| October 12, 2018

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Over the next decade (2019-2028) media and entertainment companies will be competing to win a share of a near $3 trillion cumulative wireless revenue opportunity, according to the newly released report commissioned by Intel and conducted by Ovum.Experiences enabled by 5G networks will account for nearly half of this revenue opportunity (close to $1.3 trillion).“5G will inevitably shake up the media and entertainment landscape. It will be a major competitive asset if companies adapt. If not, they risk failure or even extinction. This wave of 5G transformation will not be the purview of any singular industry, and now is certainly the time for all business decision-makers to ask: Is your business 5G-ready?”–Jonathan Wood, general manager of Business Development & Partnerships, 5G Next Generation and Standards at Intel.The report says that as early as 2025, 57 percent of global wireless media revenues will be generated by using the super-high-bandwidth capabilities of 5G networks and the devices that run on 5G. The low latency of these networks means that no video will stall or stop – livestreaming and large downloads will happen in the blink of an eye.

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NBTV is a revolutionary premium content studio at the nexus of storytelling, technology and the connected consumer.We believe the future of media lies in integrated, authentic cross-platform experiences that interactively communicate to audiences.Our end to end creative, production and distribution approach helps organizations unfold the potential of their stories and strategically entertain consumers without interruptive advertising, while monetizing across all platforms worldwide. We build unique solutions for brands and direct to consumer businesses through the power of OTT and e-commerce, transforming marketing from a cost to a revenue center.Led by purpose, integrity and vision, our team creates award winning short and long form video experiences that include scripted and unscripted TV, film and branded content.

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Spotlight

NBTV Studios

NBTV is a revolutionary premium content studio at the nexus of storytelling, technology and the connected consumer.We believe the future of media lies in integrated, authentic cross-platform experiences that interactively communicate to audiences.Our end to end creative, production and distribution approach helps organizations unfold the potential of their stories and strategically entertain consumers without interruptive advertising, while monetizing across all platforms worldwide. We build unique solutions for brands and direct to consumer businesses through the power of OTT and e-commerce, transforming marketing from a cost to a revenue center.Led by purpose, integrity and vision, our team creates award winning short and long form video experiences that include scripted and unscripted TV, film and branded content.

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