Media and Content Platform News

From streaming video platforms, through to content management, our latest news and analysis articles covering media and content platform businesses.

JOOX Tencent

Music streaming platform JOOX sees usage spike across Southeast Asia

Lockdowns and travel restrictions prompted by the new coronavirus have been a boon to Tencent’s JOOX music streaming platform, driving a whopping 50% growth to its karaoke se...

Platform News: Zoom CEO

Zoom pulls in more than 200 million daily video users during worldwide lockdowns

Zoom’s daily users ballooned to more than 200 million in March from a previous maximum total of 10 million, the video conferencing app’s boss Eric Yuan said on Wednesda...

Platform Industry: Netflix streaming service

Streaming: Netflix leads on downloads, but YouTube Kids grabs more hours

Netflix led rivals YouTube, Amazon Prime and Disney+ with over 59 million installs in the first quarter of 2020, but more time was spent on YouTube’s Kids service as usage bo...

Platform News: Apple logo on a retail store window

Apple doubles China donations for COVID-19 recovery efforts

Apple more than doubled its donation to China’s efforts to fight COVID-19 to over 50 million yuan ($7 million), CEO Tim Cook posted on Weibo on Wednesday, weeks after the iPh...

Platform News: Tencent conference and exhibition in China

Tencent-backed online education firm Yuanfudao raises $1 billion in new round

Chinese online education platform Yuanfudao said on Tuesday it has raised $1 billion in a new financing round, led by Tencent Holdings and private equity firm Hillhouse Capital Gro...

Platform News: Facebook on a smartphone

Facebook appoints Robert Kimmitt as lead independent director

Facebook has named the former deputy secretary to the US Treasury, Robert Kimmitt, to its board as lead independent director, effective immediately. 

Platform News: Video streaming services and VOD

HOOQ, the Singtel-backed streaming service files for liquidation

HOOQ Digital, a video streaming service majority owned by Singapore Telecommunications Ltd, said it was filing for liquidation as it had not been able to grow sufficiently to provi...

Platform Economy: TikTok and US politics

Under lockdown, teenagers turn to TikTok for life hacks and laughs

Millions of American teenagers shut up in their homes and receiving their education online are turning for morale support and comic relief to each other – via immensely popul...

Home Bound

Home-bound users fume as video apps do not sync with TVs

Kat Volpe laid out an exercise mat and tried to sync her iPhone with her big screen TV for a fitness class webcast on Instagram last week during New York’s coronavirus lockdo...

Platform News: Spotify music streaming app based out of Sweden

Spotify launches music relief project to help artists

Spotify Technology SA said on Wednesday it had launched a COVID-19 music relief project to raise funds for musicians as the coronavirus pandemic grounds life to a halt in most coun...

Platform News: Streaming services, including Netflix

Mexican Senate to vote on proposal to compel Netflix, Amazon Prime to boost local content

Mexican senators are set to vote Tuesday on a proposal that would force streaming platforms like Netflix and Amazon to ensure national content makes up at least 30% of their catalo...

Platform Industry: Netflix streaming service

Netflix, Facebook to cut data traffic in India to ease network congestion

Streaming service Netflix Inc and social media giant Facebook Inc said on Tuesday they would reduce the amount of data their services use to ease congested telecoms networks in Ind...

Video Conferencing

‘Can you hear me?’ Video conferencing complicates EU coordination

The European Union’s decision-making process is being sorely tested by video conferencing during the coronavirus pandemic, EU officials say, with one calling it a “cata...

Platform News: Facebook on a smartphone

Facebook lowers video quality in Latin America, following Europe

Facebook Inc will lower video streaming quality on its platform and on Instagram in Latin America, replicating measures adopted in Europe, to ease network congestion in a region th...