Tencent leveraged its 980 million monthly active users on the WeChat mobile messaging app, the 653 million monthly active users on its older QQ messaging platform and the company's attendant social network (think Facebook) to juice
growth of its video streaming offering, according to analysis from The Motley Fool.
Not exact matches
Even after more than 20 years in business, the world's biggest
streaming video service experienced some
of its fastest
growth ever in the first quarter, helping to give its stock a big lift.
For the San Francisco company, these games are part
of a major initiative to use the
video streaming of live events, particularly sports, as a way to drive user
growth and engagement, and, in this way, ad sales.
BI Intelligence, Business Insider's premium research service, has compiled a detailed report on live
streaming video that examines the eruption
of online
video from the perspective
of both consumers and advertisers and assesses how live
streaming is emerging as the medium's next catalyst for
growth.
Facebook Vice President
of Product Fidji Simo has overseen a period
of explosive
growth at the social networking company, and one
of her biggest successes was the high - speed rollout
of Facebook Live — the company's live
video -
streaming platform.
AT&T's DirecTV satellite service lost 188,000 customers in the same period, driving down
video revenue by $ 660 million despite
growth of its own online
streaming service.
Video streaming company Netflix Inc. on Wednesday launched its services in 130 countries, covering almost the entire globe except China, as part
of efforts to counter slowing
growth in the United States.
Disney's investment in BAMTech — already a global leader in direct - to - consumer
streaming services, data analytics and commerce management with nearly 7.5 million total paid subscribers to its clients» OTT products — will provide capital to accelerate
growth of its proprietary
video - delivery platform, deliver greater flexibility to clients and develop new technologies and capabilities.
Investors, however, were concerned by the lack
of growth in the number
of paying members
of its live
video streaming service.
Although the number is, on the surface, just referring to the
growth of Amazon's exclusive Kindle catalog, in reality it's also another metric related to Amazon Prime — the membership program which lets users pay on annual basis for access to faster shipping and unlimited
video streaming, among other things.
Amazon would instantly become «the new NetFlix», and The Motley Fool is already arguing that Amazon «is in a better position to compete with Netflix for the 49 and up age group, which is where much
of the remaining
growth of streaming video will occur.»
Regardless
of whether
videos are
streamed on a TV or mobile device screen, the
growth in popularity
of video apps has transformed how people
stream videos, TV shows and movies.
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