Category Archives: OTT

Vice has raised $450M ahead of a potential IPO

 Vice Media has raised $450M in new funding from private-equity firm TPG, with a deal valuing the media company around $5.7 billion post-money. Shane Smith, co-founder and CEO of Vice was just on CNBC answering questions about the funding and Vice’s plans to eventually become a public company. While remaining cryptic, Smith did note that this raise is “what we would do if we were… Read More

comScore: cord cutters tend to have lower incomes than pay TV subscribers, watch less television

 A new comScore study out today has taken a deeper look at the behavior of cord cutters here in the U.S., in order better understand how this growing demographic differs from pay TV subscribers, as well as what factors may have influenced their decision to leave cable TV behind. According to the report, cord cutters tend to be lower to middle income, and – despite spending more time on… Read More

Nickelodeon revamps Noggin, its “Netflix for Kids,” with dozens of interactive, play-along videos

 Nickelodeon’s Noggin is today taking a step to differentiate Noggin from being just another “Netflix for kids” type of subscription video service.  Alongside its existing lineup of TV shows and sing-alongs, Nick is introducing a series of what it calls “play along” videos. These new videos, which are also curriculum-based, are designed to be interactive in… Read More

Verizon CEO confirms company’s plan to launch a streaming TV service

 Verizon CEO Lowell McAdam confirmed the company’s plans to launch an over-the-top streaming service later this year, according to a report from Variety, citing remarks the CEO made at a telecom conference in Boston this week. Verizon (which owns TechCrunch parent company AOL), will use the combined platform of AOL and Yahoo – and their 1.3 billion users – to test the new… Read More