ONLINE VIDEO ROUNDUP: Alibaba Goes After Online Video, Verizon Signs Streaming Deal with NFL
A summary of the most exciting recent news in online video in the U.S., U.S.-Hispanic and Latin American markets. If you're trying to keep up, consider this your one-stop shop.
US/US HISPANIC MARKET
Verizon has signed a 2.5B deal with the NFL that will allow Yahoo users (Yahoo is owned by Verizon) to watch football games for free on Yahoo's app.
More than 58% of video plays globally occurred on mobile devices in the third quarter of 2017, with that figure due to rise to 60% in mid-2018, according to Ooyala.
A new study by 16 programmatic publishers -- including Business Insider, The New York Times and The Washington Post -- and Google, Amobee and Quantcast found alarming figures around video and display advertising fraud, according to a press release.
According to Ooyala's Q3 2017 Global Video Index, Connected TV (CTV) mid-rolls had a 98 percent completion rate in Q3, while PC mid-rolls had a completion rate of 97 percent. On each platform, broadcaster mid-rolls had stronger completion rates than did publisher mid-rolls. The highest rate for publisher mid-rolls was 88 percent on PCs.
Alibaba's video streaming service, Youku Tudou, has signed content licensing deals with NBCUniversal and Sony Pictures Television.
Redbox is going after the online video market again, launching On Demand service that offers movies and TV shows for purchase or rent.
Amazon Prime Video has begun streaming in HDR10+ on US Samsung QLED and 4K TVs.
It seems like Apple may be about to launch ApplePay in Brazil.
A report by Magna forecasts that digital ad spend will grow 9.9% in 2018 in Latin America, which is the fastest-growing region compared to other markets.
Digital House, a Buenos Aires, Argentina-based group of schools providing digital skills to young Latin Americans, has raised $20m in funding.
Turner International’s Digital Ventures & Innovation (DV&I) team has launched a new gaming streaming service GLOUD in Latin American countries Argentina and Chile, with plans to launch in other countries in the region soon.
Teads Brazil announced impressive results for 2017, closing out the year by growing its operations by 150%, and achieving 1.2 billion people monthly in their audience reach. This represents 91% of the Brazilian population with internet access, up from 52% of coverage in the beginning of the year.