From transmission to attrition? How telcos and OTTs are disrupting the traditional broadcast industry

In recent years, we’ve seen a huge shift toward video being distributed and accessed via the internet and as more viewers turn to the internet to watch video and TV shows, this trend appears to be unstoppable.This is putting significant pressure on traditional players, who are not only facing competition from over-the-top (OTT) players like Netflix, but also face competition from telcos Telia, AT&T and Telefonica have all recently done deals that put them in direct competition with traditional broadcasters.But are telcos there to threaten or assist traditional players? And how can traditional broadcasters ensure they remain competitive in the media and entertainment market?

Spotlight

MOG

MOG Technologies breathes innovation since day one. A brilliant team of media experts has developed world-class media libraries, state of the art broadcast systems, and a cloud-based interactive and multi-content platform that enables the strong engagement of any size communities. Communities that can now share, play, connect and transform all kind of content into truthful virtual experiences.MOG offers the ultimate technology to connect communities, leading them to deeper engagement, greater knowledge, immersive environments, and expected behaviors.

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Technologies, Business

3 Applications of AI in the Entertainment Industry

Article | August 3, 2022

The advent of artificial intelligence (AI) in the entertainment industry has automated time-consuming mundane tasks and increased proficiency in delivering winning content to drive engagement. Production businesses can make informed decisions on marketing and advertising because AI can examine critical data and provide important insights into consumer behavior. Let us look at three other important applications of AI in the entertainment industry: Content Personalization Made Easy Streaming websites like Spotify and Netflix contribute content that attracts a diverse audience with different tastes and choices. They are adopting AI and machine learning algorithms to analyze individual user performance and demographics to promote content that users are interested in. Such personalized content recommendations create audience engagement. AI also helps optimize video quality based on how fast the internet is in a certain place so that streaming works without buffering. Streamlined Movie Production Processes The movie production process is time-consuming and complex. Using AI can help automate processes like sound production, storyboarding, scheduling, and pre-production tasks. It can also automatically sync and group filmed clips. Machine learning has graphics and visual effects that can be used to make fictional characters look better. Subtitle Generation for International Communications Content publishing businesses need to cater to an audience from various regions. Multilingual subtitles make this interaction easier. Manual transcription is time-consuming and requires expensive human resources that businesses cannot afford. Also, human error and variable efficiency are issues that can tamper with customer experience. Any kind of delay in presenting subtitles can put the audio-video-subtitles out of sync. AI prevents such mishaps through speech and vocabulary integration in conversations using neural interfaces. Last Words Apart from the implementation of AI in entertainment, the development of Augmented Reality (AR) and Virtual Reality (VR) apps will make the customer experience immersive and captivating. Moreover, AI-based chatbots can be used for promotional operations for books, films, artists, and TV shows. Platforms in the entertainment sector involve AI to efficiently enhance user engagement and production rates.

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Technologies, Virtualization

Should You Buy A PSVR In 2020?

Article | July 27, 2022

At 5+ million units sold, Sony’s PlayStation VR (PSVR) is thought to be the most successful VR headset on the market. The kit’s had a great run since launch in 2016, but should you buy a PSVR in 2020? Just under two years ago, we stated that you should “definitely” buy a PSVR in holiday promotions. The price, paired with a growing library of games, made it an easy recommendation. But this industry moves quickly and there are a lot of new factors that complicate the question of if PSVR remains a worthy purchase.

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Technologies, Virtualization

Branded Entertainment in B2B: Why is it Important?

Article | August 2, 2022

Global B2B companies churn out content pieces such as infographics, case studies, assessments, and other forms of thought leadership content to create brand awareness. But is this content enough to engage the customers and the market? Not really. Marketers like you need to look into branded entertainment to get more customer engagement and brand loyalty. What is Branded Entertainment? Adweek loosely describes “branded entertainment” as any content that starts a positive conversation around a product, service, or set of values. This content builds a story around your product or services, showing it in a positive light and getting the audience to engage in your content as much as a film or a TV show. As opposed to other marketing endeavors, branded entertainment doesn’t focus on your products and their features but on entertaining the audience. Incorporating Branded Entertainment into Your Marketing Strategy Here are some ways to get it done without much hassle: Web Series Original programming, such as web series published on the brand’s social media channels, can help you raise awareness through stories that share your brand’s values instead of directly marketing your product or services. PR Stunts Create social media brand content that is entertaining and exciting enough for the audience to make it viral. Such PR brings positive media attention to your brand and creates mass awareness for your brand or product. Videos Volvo's entertaining video of Van Damme's split stunt on YouTube has 114.5 million views. The video didn't need a call-to-action because it wasn’t to convert leads. Instead, it was meant to showcase a piece of business-use truck technology and get engagement. Podcasting GE used podcasting for advertising twice, once with its show ‘The Message’ and again with its new series ‘LifeAfter.’ Neither show discusses GE's products. Instead, they were "GE-presented" and were received well. Summing It Up People are less likely to comment on or share brand posts directly, but they are more likely to tweet or share them on their Instagram stories. This way you can measure the impact of branded entertainment. B2B marketers should consider branded entertainment as a way to build trust and start conversations between their brands and their audience to get a long-term ROI.

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Six Things Blockchain Can Do For Gaming

Article | April 14, 2020

Since their foundation in the 1970s and 80s, video games have moved from fringe interest to a major media staple. The industry has enjoyed huge revenues from dedicated fans, especially over the past few months, and the growth shows no sign of slowing down. Gaming is also an industry renowned for its commitment to innovation, adopting technological developments and spawning a fair few of its own. Chief amongst technological developments over the last decade has been blockchain technology, the new system of trading and ownership built on transparency and decentralization, the standard-bearer of which is the digital currency.

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Spotlight

MOG

MOG Technologies breathes innovation since day one. A brilliant team of media experts has developed world-class media libraries, state of the art broadcast systems, and a cloud-based interactive and multi-content platform that enables the strong engagement of any size communities. Communities that can now share, play, connect and transform all kind of content into truthful virtual experiences.MOG offers the ultimate technology to connect communities, leading them to deeper engagement, greater knowledge, immersive environments, and expected behaviors.

Related News

Media and Broadcasting

Cresset Merges with TRUE Capital Management, Establishes Presence in Sports and Entertainment Industry

PRnewswire | May 10, 2023

Cresset Asset Management (Cresset) and TRUE Capital Management (TRUE) announced today that they have merged, creating a multi-family office with nearly $33 billion in assets under management (as of 5/02/2023) and with offices in 19 locations around the nation. The strategic combination expands Cresset's presence in the sports and entertainment industry. TRUE is a multi-family office that specializes in guiding a diverse roster of clients across sports, entertainment, and entrepreneurism to financial security and generational wealth. TRUE manages $1.7 billion (as of 2/22/2023) of assets on behalf of more than 350 clients, including Deandre Ayton, Robert Griffin III, Marshawn Lynch, Nneka Ogwumike, Kelsey Plum, Albert Pujols, Logan Ryan, Richard Sherman, Breanna Stewart, and Diana Taurasi. Together with Cresset, TRUE clients will enjoy access to Cresset's scale and national footprint, including its extensive family office services, goals-based financial planning, institutional-quality private investments, and lifestyle services. "We are thrilled to be joining forces with Cresset. Since we started TRUE in 2007, our priority has been to build relationships with our clients based on transparency and trust as they navigate the rare opportunities and unique challenges that come with wealth. That commitment will only be strengthened and enhanced with Cresset," said Doug Raetz, CEO of TRUE. "As we've worked closely with Cresset, it has become clear that the entire Cresset team shares our goals and values. It's an excellent cultural fit, and we are excited to explore new ways to create and deliver success stories for our clients," added TRUE COO Heather Goodman. "When we first met the TRUE team several years ago, we found kindred spirits in terms of how we believe clients should be treated and the positive impact wealth can have," said Avy Stein, Cresset Co-Founder and Co-Chairman. "Our mutual dedication to providing access to a full suite of sophisticated family office services and private investment opportunities makes this an ideal partnership." About TRUE Capital Management Founded in 2007, TRUE Capital Management is a wealth management firm that specializes in guiding its diverse roster of clients to financial security and generational wealth. The firm has built a reputation for serving high-profile clients across all major sports worldwide, the global entertainment industry, and entrepreneurs innovating in our ever-evolving business world. About Cresset Cresset is an independent, award-winning multi-family office and private investment firm with nearly $33 billion in assets under management (as of 5/02/2023). Cresset serves the unique needs of entrepreneurs, CEO founders, wealth creators, executives, and partners, as well as high-net-worth and multi-generational families. Our goal is to deliver a new paradigm for wealth management, allowing clients to pursue what matters most to them.

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Technologies, Media and Broadcasting

ViewLift and Google Enable Multi-cloud and Cloud Agnostic Deployment for OTT

ViewLift | February 13, 2023

ViewLift, a leading provider of OTT and streaming technology solutions, recently announced a novel approach for its clients: the ability to use any major cloud provider or multiple clouds with the click of a button in ViewLift's back-end. The company provides content owners with a comprehensive end-to-end solution for distributing and monetizing their content across multiple device platforms, such as web, mobile, over-the-top, connected TV, smart TVs, and gaming consoles. It will now integrate its technology stack via a new partnership with Google Cloud, offering enterprises a multi-cloud and cloud-agnostic deployment advantage. This deployment capability makes it one of the only platform providers in the OTT solutions industry to provide such agility and flexibility. ViewLift, a longtime partner of Amazon Web Services (AWS), will now offer customers the technology stack of their choosing or the option to run both Google Cloud and AWS in parallel to ensure the highest platform uptimes. In addition, cloud-agnostic deployment provides access to new functionalities and features available on any major cloud, significantly improving the quality, availability, and resilience of ViewLift's solution. Manik Bambha, President of ViewLift, said, "With the Google Cloud integration, we take a major step towards the next level in technology leadership; our customers can choose exactly what cloud services work best for them, letting them mix and match features and functionalities to arrive at an ideal bouquet of services." (Source – Cision PR Newswire) About ViewLift ViewLift, headquartered in New York, is a comprehensive digital content distribution platform that enables media companies, broadcasters, sports leagues and teams, and others to monetize their content using native branded apps on major OTT devices, such as the web, mobile, TV-connected devices, and Smart TVs and gaming consoles. Its proprietary intellectual property constitutes a complete tech stack, offering extensive functionality with hundreds of purpose-built features and a shorter time to market. The company's clients include NBCUniversal, Monumental Sports & Entertainment, Nexstar, RugbyPass, MotoAmerica, TEGNA, MyOutdoorTV, WSX.TV, and many others

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Solutions, Business

Kargo Integrates Videobyte’s Connected TV Platform to Expand Its Portfolio

Kargo | February 07, 2023

Kargo, an advertising service provider, has recently integrated VideoByte, a video advertising platform for connected TV (CTV) and over-the-top (OTT) streaming, to expand its portfolio of video formats, commerce and exclusive social formats, and publisher tools with CTV advertising formats. This integration will enhance the connected experiences of the audiences between desktop, mobile, and now connected televisions, gaining the attention of different channels for its brand partners. Founded in 2020, VideoByte has become a prominent advertising service provider in CTV and OTT, integrating top media companies like LG, Tegna, and Viacom. Kargo has expanded its reach across the television advertising industry with this integration. It will launch new advertising products, and Kargo's current customers will get direct access to them. CEO of VideoByte, David Naffis, who will join Kargo as General Manager of CTV, said, "We are thrilled to join the Kargo team and are in lockstep with their mission to develop uniquely differentiated ad experiences that grab attention and drive performance for publishers and brands alike. Kargo's recent growth, scale, and reputation as market innovators will accelerate our go-to-market as we continue to push innovating new CTV formats." (Source - GlobeNewswire) Kargo's CEO and Founder, Harry Kargman, said, "Acquiring VideoByte is a clear next step in our growth and evolution. Kargo has been expanding across multiple screens and the Connected TV experience is calling for this kind of ad format innovation and disruption that Kargo has brought to the mobile screen. VideoByte shares our mission and vision to create unique and performant ad creatives, but they do it on the Connected TV screen which has not been in our product lineup. With VideoByte, we will bring an amazing Kargo experience to Televisions everywhere and change the landscape with new capabilities while driving massive value and success for both brands and publishers." (Source - GlobeNewswire) About Kargo Kargo, an advertising solutions provider, attracts consumer attention across mobile, video, and social advertising platforms for advertising brands with its exclusive omnichannel advertising suite and increases return on advertising spend (ROAS), incremental brand lift, and revenue per impression through creative targeting solutions. Headquartered in New York, it has had offices worldwide since 2003. It provides solutions for load time, identity problems, non-skippable video, poor creatives, advertisements, and infinite scrolls with direct integration and specialized market supplies, optimizing impressions from the best publishers.

Read More

Media and Broadcasting

Cresset Merges with TRUE Capital Management, Establishes Presence in Sports and Entertainment Industry

PRnewswire | May 10, 2023

Cresset Asset Management (Cresset) and TRUE Capital Management (TRUE) announced today that they have merged, creating a multi-family office with nearly $33 billion in assets under management (as of 5/02/2023) and with offices in 19 locations around the nation. The strategic combination expands Cresset's presence in the sports and entertainment industry. TRUE is a multi-family office that specializes in guiding a diverse roster of clients across sports, entertainment, and entrepreneurism to financial security and generational wealth. TRUE manages $1.7 billion (as of 2/22/2023) of assets on behalf of more than 350 clients, including Deandre Ayton, Robert Griffin III, Marshawn Lynch, Nneka Ogwumike, Kelsey Plum, Albert Pujols, Logan Ryan, Richard Sherman, Breanna Stewart, and Diana Taurasi. Together with Cresset, TRUE clients will enjoy access to Cresset's scale and national footprint, including its extensive family office services, goals-based financial planning, institutional-quality private investments, and lifestyle services. "We are thrilled to be joining forces with Cresset. Since we started TRUE in 2007, our priority has been to build relationships with our clients based on transparency and trust as they navigate the rare opportunities and unique challenges that come with wealth. That commitment will only be strengthened and enhanced with Cresset," said Doug Raetz, CEO of TRUE. "As we've worked closely with Cresset, it has become clear that the entire Cresset team shares our goals and values. It's an excellent cultural fit, and we are excited to explore new ways to create and deliver success stories for our clients," added TRUE COO Heather Goodman. "When we first met the TRUE team several years ago, we found kindred spirits in terms of how we believe clients should be treated and the positive impact wealth can have," said Avy Stein, Cresset Co-Founder and Co-Chairman. "Our mutual dedication to providing access to a full suite of sophisticated family office services and private investment opportunities makes this an ideal partnership." About TRUE Capital Management Founded in 2007, TRUE Capital Management is a wealth management firm that specializes in guiding its diverse roster of clients to financial security and generational wealth. The firm has built a reputation for serving high-profile clients across all major sports worldwide, the global entertainment industry, and entrepreneurs innovating in our ever-evolving business world. About Cresset Cresset is an independent, award-winning multi-family office and private investment firm with nearly $33 billion in assets under management (as of 5/02/2023). Cresset serves the unique needs of entrepreneurs, CEO founders, wealth creators, executives, and partners, as well as high-net-worth and multi-generational families. Our goal is to deliver a new paradigm for wealth management, allowing clients to pursue what matters most to them.

Read More

Technologies, Media and Broadcasting

ViewLift and Google Enable Multi-cloud and Cloud Agnostic Deployment for OTT

ViewLift | February 13, 2023

ViewLift, a leading provider of OTT and streaming technology solutions, recently announced a novel approach for its clients: the ability to use any major cloud provider or multiple clouds with the click of a button in ViewLift's back-end. The company provides content owners with a comprehensive end-to-end solution for distributing and monetizing their content across multiple device platforms, such as web, mobile, over-the-top, connected TV, smart TVs, and gaming consoles. It will now integrate its technology stack via a new partnership with Google Cloud, offering enterprises a multi-cloud and cloud-agnostic deployment advantage. This deployment capability makes it one of the only platform providers in the OTT solutions industry to provide such agility and flexibility. ViewLift, a longtime partner of Amazon Web Services (AWS), will now offer customers the technology stack of their choosing or the option to run both Google Cloud and AWS in parallel to ensure the highest platform uptimes. In addition, cloud-agnostic deployment provides access to new functionalities and features available on any major cloud, significantly improving the quality, availability, and resilience of ViewLift's solution. Manik Bambha, President of ViewLift, said, "With the Google Cloud integration, we take a major step towards the next level in technology leadership; our customers can choose exactly what cloud services work best for them, letting them mix and match features and functionalities to arrive at an ideal bouquet of services." (Source – Cision PR Newswire) About ViewLift ViewLift, headquartered in New York, is a comprehensive digital content distribution platform that enables media companies, broadcasters, sports leagues and teams, and others to monetize their content using native branded apps on major OTT devices, such as the web, mobile, TV-connected devices, and Smart TVs and gaming consoles. Its proprietary intellectual property constitutes a complete tech stack, offering extensive functionality with hundreds of purpose-built features and a shorter time to market. The company's clients include NBCUniversal, Monumental Sports & Entertainment, Nexstar, RugbyPass, MotoAmerica, TEGNA, MyOutdoorTV, WSX.TV, and many others

Read More

Solutions, Business

Kargo Integrates Videobyte’s Connected TV Platform to Expand Its Portfolio

Kargo | February 07, 2023

Kargo, an advertising service provider, has recently integrated VideoByte, a video advertising platform for connected TV (CTV) and over-the-top (OTT) streaming, to expand its portfolio of video formats, commerce and exclusive social formats, and publisher tools with CTV advertising formats. This integration will enhance the connected experiences of the audiences between desktop, mobile, and now connected televisions, gaining the attention of different channels for its brand partners. Founded in 2020, VideoByte has become a prominent advertising service provider in CTV and OTT, integrating top media companies like LG, Tegna, and Viacom. Kargo has expanded its reach across the television advertising industry with this integration. It will launch new advertising products, and Kargo's current customers will get direct access to them. CEO of VideoByte, David Naffis, who will join Kargo as General Manager of CTV, said, "We are thrilled to join the Kargo team and are in lockstep with their mission to develop uniquely differentiated ad experiences that grab attention and drive performance for publishers and brands alike. Kargo's recent growth, scale, and reputation as market innovators will accelerate our go-to-market as we continue to push innovating new CTV formats." (Source - GlobeNewswire) Kargo's CEO and Founder, Harry Kargman, said, "Acquiring VideoByte is a clear next step in our growth and evolution. Kargo has been expanding across multiple screens and the Connected TV experience is calling for this kind of ad format innovation and disruption that Kargo has brought to the mobile screen. VideoByte shares our mission and vision to create unique and performant ad creatives, but they do it on the Connected TV screen which has not been in our product lineup. With VideoByte, we will bring an amazing Kargo experience to Televisions everywhere and change the landscape with new capabilities while driving massive value and success for both brands and publishers." (Source - GlobeNewswire) About Kargo Kargo, an advertising solutions provider, attracts consumer attention across mobile, video, and social advertising platforms for advertising brands with its exclusive omnichannel advertising suite and increases return on advertising spend (ROAS), incremental brand lift, and revenue per impression through creative targeting solutions. Headquartered in New York, it has had offices worldwide since 2003. It provides solutions for load time, identity problems, non-skippable video, poor creatives, advertisements, and infinite scrolls with direct integration and specialized market supplies, optimizing impressions from the best publishers.

Read More

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