We’ve come across multiple OTT business studies and for sure, you will be blown out upon seeing the great potential of Vuuzle.TV in achieving its goals in no time! These reports will definitely make you happy and proud as one of the investors of Vuuzle Media Corp. It backs up a million reasons why your investment with the company a smart and savvy move you have made. The timing is on spot and perfect!
Different professional service firms on the world conducted reports allowing the business world to see a glimpse of how OTT Business works. One of them is PricewaterhouseCoopers (PWC), they provide service to more than 400 companies since it was established in 1998 by the merging of 2 companies naming Coopers & Lybrand and Price Waterhouse. This large firm is one of the Big Four Auditors in the world, along with Deloitte, EY, and KPMG services. Take a look at the study they have made in relation to Entertainment and Media Outlook!
Moreover, one of the Big Fours, Ernst & Young (EY), published a document in March 2019 that talks about India’s Media & Entertainment Sector. This multinational professional service firm headquartered in London provides assurance including financial audit, tax, consulting and advisory services to companies.
As you know, Vuuzle Media Corp has secured licenses in Dubai and Indonesia. Currently, it works out in finishing licenses in Vietnam, and so forth until it expands globally. Here, we guarantee you 100% the outcome of why the company worked hard to acquire licenses in these countries and why it took time to get them. Check out this file from containing sector overview for media and entertainment of India!
Another report from KPMG makes us understand why India and Indonesia are important markets to have license for OTT. KPMG is a service firm in line to financial audit, tax and advisory. According to their report, the Media and Entertainment (M&E) industry we know today is a product of convergence from 3 different lines--Technology, Media, Telecom (TMT). A converge that started a reality to give rise to the media and entertainment industry, and companies like Vuuzle Media Corp shall proactively look at strategies and models to utilize this new paradigm. The company made a major shift and in the run to be a major player in the Far East, America, and Europe.
More reports came from the Interactive Advertising Bureau (IAB), an advertising business organization that develops industry standards, conducts research, and provides legal support for the online advertising industry. As Vuuzle.TV uses DSP and Programmatic Advertising as revenue models, you will understand why these models play an important role in the success of Vuuzle Media Corp. Reports show that digital advertising revenues were $26.2 B in the 3rd quarter of 2018, and raised up to 22% over the year. You may check the full report of IAB with regards to Internet Ad Revenue at the click button below.
Look at the write up of Video Advertising Bureau (VAB) about OTT and Advertising with DSP and Programmatic Display Ads, you will be happy to see why Vuuzle Media Corp practically and effectively make use of the model for its revenue.
VAB is an advocacy group that represents and advocates for members including virtually all of the national broadcast and ad-supported cable networks, regional cable networks, MVPDs and major cinema advertising companies.
In addition, see this article also written by VAB which exactly tells what is happening now as people cut the cords and shifted to OTT. This report confirms that the winning moves of Vuuzle.TV are making a huge difference resulting in a better and growing company. This full in-depth report will bring Vuuzle Media Corp’s revenue model to life!
If you are asking what is OTT and how does OTT advertising work, you may click the link from Clearcode to know more about it and also to see why VMC revenue model includes OTT advertising.
Valid reports have shown how OTT business paved the way to the success of media and entertainment companies and there are studies and predictions that OTT video revenue will climb up to $30.6 B in 2022, which, of course, something we all look forward to! According to PwC, the increase in revenue is the result of international growth and focus on original content. Check out the full article to know more about the future prediction for OTT players.
Fifty-six percent of OTT co-viewers was reported that they talk about brands and products they see while watching TV, which clearly states that OTT advertising is highly effective and moving for viewers. See the full article in the link provided below to read more.
The company is overwhelmed to see such reports and studies as they strengthen more the goals we have for Vuuzle Media Corp and its shareholders. We are halfway through reaching what we have dreamed of and this time, we look forward for more until we have accomplished what we just started.
Vuuzle Media Corp