U.S. Home Entertainment Market Topped $25 Billion in 2019, With 63% Coming From Streaming

variety | January 13, 2020

Consumer spending on home entertainment rose 8.4% to a record $25.2 billion in 2019, spurred by the at-home sector’s biggest growth engine — digital, according to DEG: The Digital Entertainment Group. Subscription streaming, digital movie sales and digital movie rentals over the internet all generated significantly more money than they did in 2018, DEG says. The trade association estimates consumers spent $15.9 billion on subscription streaming, which now accounts for 63% of the entire home entertainment market. That’s a 23.7% spike from 2018. Digital movie sales, commonly known as electronic sell-through, or EST, were up 5.1% to nearly $2.6 billion – while digital movie rentals, through internet services like FandangoNow, Redbox On Demand, Vudu and Google Play, were up 9%. This reflects “consumers’ continued engagement with VOD, increasingly through internet services,” DEG says.

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For small business and marketers, trying to get noticed in a sea of online marketing content can be a challenge. Video can help you stand out in social media feeds, but your video content needs to be on the right platforms to maximize the return on your investment. To help businesses share their content in the right place, Animoto dove into their recent survey of 1000 consumers and 500 marketers.

Spotlight

For small business and marketers, trying to get noticed in a sea of online marketing content can be a challenge. Video can help you stand out in social media feeds, but your video content needs to be on the right platforms to maximize the return on your investment. To help businesses share their content in the right place, Animoto dove into their recent survey of 1000 consumers and 500 marketers.

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TECHNOLOGIES

Electronics Universal Inc. Introduces UEI Entertainment Virtual Agent and Smart Home Devices

businesswire | February 03, 2021

UEI Virtual Agent is intended to address normal difficulties around onboarding, highlight disclosure and investigating for amusement and brilliant home gadgets. Notwithstanding settling client issues identified with associated gadgets, UEI Virtual Agent decreases the expense of overseeing and supporting an introduced base of associated gadgets for producers and specialist organizations, and can be handily coordinated into the associated gadget itself, just as into help sites and portable applications, offering assistance where and when required. Widespread Electronics Inc, the worldwide pioneer in general control and detecting innovations for the savvy home, is acquainting UEI Virtual Agent with give an AI-fueled coordinated help structure for diversion and brilliant home gadgets, empowering self improvement capacities. UEI Virtual Agent is intended to address normal difficulties around onboarding, highlight disclosure and investigating for amusement and brilliant home gadgets. UEI Virtual Agent is controlled by UEI's nevo.ai white name advanced right hand and broad worldwide gadget information chart covering more than 1,000,000 gadgets. Notwithstanding settling client issues identified with associated gadgets, UEI Virtual Agent diminishes the expense of overseeing and supporting an introduced base of associated gadgets for producers and specialist co-ops, and can be effortlessly coordinated into the associated gadget itself, just as into help sites and portable applications, offering assistance where and when required. For associated TV and sound gadgets, UEI Virtual Agent can be gotten to straightforwardly on any screen, including TV, telephone, PC and tablet, to direct clients through establishment and onboarding, arrangement and issue goal. UEI Virtual Agent is additionally accessible as a local Android TV application upgraded for the TV screen as an additional help with UEI's industry-driving Android TV voice distant contributions.

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TECHNOLOGIES

Alpha Esports Tech Inc. Announces Partnership with Esports Entertainment Group to Design Computer Vision for Automated Scoring

Alpha Esports Tech Inc | October 04, 2021

Alpha Esports Tech Inc. (“Company” or “Alpha Tech”) (CSE: ALPA) (FSE: 9HN), (OTC PINK: APETF), is proud to announce that it has signed a partnership with Esports Entertainment Group’s newly rebranded subsidiary EEG Labs (NASDAQ: GMBL). EEG Labs was previously known as Genji. The Company and EEG Labs will develop a new computer vision tech system that allows the Company’s online platform, GamerzArena, to conduct automated scoring for popular games such as Call of Duty and Fortnite. The new computer vision tech simplifies match scoring and allows GamerzArena to detect many common types of fraudulent activity, such as falsifying game outcomes. An additional benefit of this new technology involves tournament results being available instantly on the leaderboards on GamerzArena. The automated tech will allow users to have an added sense of trust for the results of tournaments and contests due to the consistency of the computer vision tech around scoring. EEG Labs will also deploy its computer vision tech to extract data from additional sources and contests to optimize content plans for the Company. “Partnering with EEG Labs Analytics to design a computer vision tech will push GamerzArena to the next level,” said Interim CEO, Matthew Schmidt. “The automated scoring system and anti-cheating software will give GamerzArena an added level of trust and security, which will help us continue to increase our userbase.” “We're excited to continue expanding EEG Labs' technology and GamerzArena is a great avenue to do so,In working together, we will pave the way for ground-breaking and efficient scoring of esports match results, allowing gamers everywhere to compete safely and reliably. -Magnus Leppaniemi, President of EEG Games About Alpha Esports Tech Inc. Alpha Esports Tech Inc. is a technology company that focuses on emerging markets in Esports, mobile gaming, ecommerce, blockchain and high growth opportunities. Through a strong portfolio of technology assets, we bring a new edge to modern gaming. About EEG Labs and Esports Entertainment Group EEG Labs is a subsidiary of Esports Entertainment Group and will use their sophisticated computer vision to deliver cutting-edge broadcast optimization and talent scouting analytics. Esports Entertainment Group is a publicly trading company on the NASDAQ, trading under the ticker GMBL. Esports Entertainment Group has become licensed and regulated to legally run esports wagering and the global esports market is expected to surpass $205 billion by 2027.

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TECHNOLOGIES

Mux Partner Program Launches to Help Companies Bring Modern Video Experiences to Market Faster

Mux | October 29, 2021

Mux, the leading video platform for developers, today announced the Mux Partner Program to help new and existing customers quickly build and launch modern video experiences by connecting them with complementary technologies and services. The program connects developers with solutions and services to create immersive, engaging, and native video experiences built on Mux's reliable, high performance platform. The program includes three pillars: Platform Partnerships to put the best tools for enhancing and streamlining projects in developers' hands Solutions Partnerships to connect teams with product design and development agencies that truly understand video Strategic Partnerships, including major cloud vendors and marketplaces, to meet developers where they already are From content delivery network (CDN) offerings like Fastly's edge cloud servers to popular content platforms, including Contentful, Sanity, and Strapi, Mux's Platform Partners can help developers with every aspect of bringing video experiences to life. Mux also offers pre-built integrations, including Stream's live social and chat components for events such as concerts and virtual conferences; Videon's broadcast-quality live compute platform; Gramrphone's high-fidelity audio streaming for musicians; and Mux Data and Mux Video pre-integrated with the Agnoplay video player for playback and real-time quality of experience metrics. Contentful is pleased to support a seamless integration with Mux that makes it simple to upload videos to Mux, see previews, and even manage thumbnails and GIFs within Contentful. Putting Mux at the fingertips of digital experience builders enables them to deliver high quality video to all of their viewers, while minimizing issues like buffering." Jeff Blattel, Director of Technical Partnerships, Americas, at Contentful. For teams needing the support of digital agencies and design shops, Mux Solutions Partners are uniquely suited to collaborating on video projects. From global video systems integrators such as Accedo and Diagnal to market-specific agencies like SweatWorks, the leading agency for connected fitness products, Solutions Partners are hand-picked to help Mux customers quickly tackle video-related projects. "Connected fitness applications push the envelope of video performance." said Mohammed Iqbal, Founder and CEO of SweatWorks. "We get our clients' products to market in a fraction of the time it took before Mux, and we know that live and on-demand video will look great across mobile, web and on giant, equipment-mounted screens." Some Solutions Partners are even building plug-and-play custom integrations for Mux customers. For instance, Metal Toad, an Advanced Consulting Partner for Amazon Web Services (AWS), developed a content moderation plugin that integrates Amazon Rekognition directly into Mux. When developers stack tools and services like these on top of Mux, they're able to create incredible video experiences and get their video projects shipped faster. Through Mux's Strategic Partnership efforts, developers can integrate directly into the cloud services they use today, and incorporate Mux into broader infrastructure and data landscapes. For example, developers can export real-time event streams from Mux Data with Amazon Kinesis. Additionally, Mux is available on both AWS Marketplace and Google Cloud Marketplace, which simplifies the procurement process and helps customers meet consumption commitments with either cloud provider. "We're constantly seeking out ways to better support our customers, and the Mux Partner Program is an outgrowth of that mindset," said Eric Elia, Head of Partnerships at Mux. "Our partners are a hand-picked group of tools, services, and cloud providers that are optimized for video experiences and integrate seamlessly with Mux. From increasing sales conversions for retail brands to helping in-person fitness classes transition to virtual live streams, Mux and its ecosystem of partners have already driven impactful results for customers." With developers increasingly moving to microservices over one-stop-shop platforms, Mux is committed to helping them put together the stack that works best for them as they build the next generation of video experiences. About Mux Mux is a video platform for developers that takes the complexity out of live and on-demand video. Thousands of customers including Robinhood, PBS, ViacomCBS, Equinox Media, and VSCO rely on Mux to deliver the highest quality video experience to their users without having to hire a team of embedded video experts. San Francisco-based Mux was founded in 2015 by experts in online video, including the creators of the biggest open-source video player on the web (Video.js), the largest transcoding service in the cloud (Zencoder), and the premier conference for video engineers (Demuxed).

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