Video & Media Industry News

What’s the latest video and media industry news? How are you affected by industry trends and actions? Can you use this knowledge to better your project, business and clients? Well, here’s a chance to recall what you have already heard about or learn recent goings on in this crazy, ever changing video and media world.

  • Fox Sports is using AR (Augmented Reality) to showcase NFL statistics.
  • Nielsen has started to release digital content ratings, which measures audiences across desktop and mobile devices for all content including video, audio and text.
  • Best Buy is increasing its VR (Virtual Reality) footprint buy displaying the Oculus Rift headset in 500 of its stores (up from 48 stores).  It’s predicted that he VR hardware market will reach $50 billion by 2021.
  • Google’s 10-year anniversary for buying YouTube was October 9.  They bought YouTube for $1.6 billion. YouTube revenue is now $9 billion.  There are one billion monthly users who watch 46,000 years worth of content annually.
  • Apple is planning on releasing a new apple TV box this year with 4K capabilities.  Google’s Chromecast recently announced their streaming device would handle 4K.
  • Snapchat is hiring Hollywood producers to create original content.  They plan on developing reality shows, comedy series and animated programming.
  • The NBA in conjunction with NextVR will broadcast 25 games this season in VR.
  • The USA Today debuted a virtual reality show on YouTube called VRtually There.
  • Disc sales in the United States in 2015 rose 3% to 1.2 billion.  Most of those discs sales were for Blu-ray. In the UK in 2015, 1.7 billion worth of discs were sold.
  • AT&T has a deal in place to purchase Time Warner for $85 billion.
  • Netflix has raised $1 billion to be spent on creating original content.
  • Sony has partnered with the ESL gaming network to host a month long digital basketball tournament.
  • By 2020, there will be 2 billion fixed consumer entertainment devices.  These connected devices include smart TVs, digital media adapters, Blu-ray players and video game consoles.

News sources include MediaPost, M&E Daily and VideoNuze.

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