Techfastly

Dear Readers, The metaverse intends to completely change the way connect with one another on the internet, allowing them to communicate in ways that were earlier only pictured in science fiction. The Metaverse technology now allows us to have a considerably more intimate environment, online. Users are allowed to use an avatar to access the internet, or the web will appear in front of you in an augmented reality scenario. Virtual Reality (VR), or augmented Reality (AR) as we see it today, can be heavily used in the metaverse to submerge people in an 'alternative world'. Although this unique technology is still being refined, businesses such as Meta claim to be developing and upgrading these systems. In the past few years, the online streaming industry has grown lot in terms of popularity, and…

In an era where technology has taken center stage, the influx of new software to make entertainment more accessible is on the rise—until a few years ago, watching movies on television or a multiplex had been rather commonplace. With the advent of the streaming process, though, every type of media is available to be accessed virtually on devices such as laptops, tablets, and smartphones. Media streaming has emerged to be a trendy business sector, with a host of companies vying against one another to offer the best streaming services possible. Recently, in fact, The Roku Channel added 16 new channels to its linear TV catalogue, thereby providing users access to more than 275 total live linear channels. What is Streaming Media? Let’s begin with what streaming is – for the layman, streaming is…

Live broadcasting via the internet has risen in popularity over the last decade. This is primarily due to the rapid advancement of the technology that enables live broadcasting. Live streaming is beneficial to broadcasters in various sectors and has many use cases. This is especially relevant given that live content has been shown to retain viewers' attention up to 20 times longer than on-demand content. What could be better than content that maintains your audience’s interest? Since the first moving picture was developed in 1888, video technology has advanced significantly. Today, with a few taps on your laptop or phone, you can share a video with millions of viewers worldwide. Each person watches around 16 hours of video every week (a 52 percent increase over the previous two years). Video streaming protocols are…

The media and entertainment (M&E) business has always been shaped and altered by technological advancements, and this trend is expected to continue. Over the top, (OTT) platforms such as Netflix and Amazon Prime are taking the lead in providing online streaming services for paid viewers. In this article, we will look at how technological advancements are leading to consolidation in M&E companies, how it affects business practices, and where we go after that with the substantial changes in the streaming industry. The TV and video industry is very flexible and characterized by a large range of factors, including digitization, growing market offerings, and competition by digital businesses. Furthermore, in the age of video-on-demand and mobile content consumption, customer expectations and consumption habits are fast shifting. Netflix is an intriguing illustration of a company…

More than a half-trillion dollars are at stake as a result of the digital revolution. The vast and fast-growing advances of the internet and over-the-top (OTT) video platforms are transforming television and filmed entertainment, mainly traditional TV broadcasts. OTT television, which generates around $25 billion in yearly revenue worldwide and is mostly driven by a handful of large US-based global firms such as Netflix, Amazon, and Google’s YouTube, is at the heart of this transformation. The US will continue to be the world’s largest OTT market, increasing at a 10.3 percent CAGR from $14.5 billion to $23.7 billion during the next five years, up to 2023. How is OTT Changing the Principles of Content Creation and Distribution? Space shifting, place shifting, and time-shifting are three revolutionary changes in video content creation and streaming. 1 Space…

Amazon is among the largest and, undoubtedly, one of the most successful businesses in the world. In addition, Amazon continues to lead the e-commerce market in America and other parts of the world. Amazon’s revenue totalled 136 billion dollars in 2016, and the company now has a market capitalization of 470 billion dollars. Furthermore, the rate of growth is exponentially high. Amazon.com debuted in the summer of 1995; ever since the company has grown to become the largest online retailer globally. As of 2021, Amazon’s brand value is estimated to be $683 billion in US dollars, beating out Walmart, Ikea, and digital competitors Alibaba and eBay in terms of value. The company has grown from a virtual bookshop to a behemoth of web-based products. It’s nearly impossible to find anything that Amazon will…