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Amagi records over 100% revenue growth (YoY) for Q1 FY23

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Mumbai: Amagi, a cloud-based SaaS technology for broadcast and connected TV, has reported a revenue increase of more than 100 per cent year on year in Q1 FY23.The company mentioned that the global surge in demand for connected TV devices, as well as the free ad-supported streaming TV (FAST) viewing experience, fueled it. Amagi’s growth accelerated in Q1 FY23, fueled by increased customer acquisition, ad impressions, and employee headcount investment.

The company said, “The company’s strong all-around performance is a result of impressive traction for its innovative streaming TV solutions. As the rise of CTV and FAST streaming channels alter the TV landscape with FAST penetration among households having more than doubled year over year in 2021.”

Amagi has kept shifting viewership patterns at the forefront of its innovations, reducing the cost of broadcast workflow and fostering the growth of the FAST phenomenon.

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Amagi has the most extensive FAST TV platform partnerships worldwide, allowing content owners and advertisers to reach new audiences through expanded distribution.

The company has added new clients, including Cox Media Group and Banjiay Rights. Also, Amagi has expanded its growing global operations and entered new regions — most recently, South Korea and Australia.

The company has seen increased demand for its products in the United States, resulting in a significant increase in US sales. Amagi has invested in sales, account management, and customer support teams to better serve customers in these regions, adding more than 50 employees to its workforce in the United States alone.

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Amagi recently hired industry veterans James Smith as EVP of Global Ads Sales and Programmatic, Daniel Marshall as EVP of Global SaaS sales, Marco Di Giacomo as chief marketing officer, and Prasad Menon as chief people officer.

Amagi Live, the company’s premium live orchestration platform, has been updated, allowing content owners to orchestrate broadcast-quality live events on the go.

Amagi Planner, its content planning and scheduling platform, now has new automation and AI-driven personalization capabilities.

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Amagi CEO and co-founder Baskar Subramanian said, “Amagi’s strong performance this quarter reflects our ability to stay ahead of the technological curve, enabling our customers to capture viewer attention and grow their audience in this ever-evolving market.”

He further said, “With CTV and FAST clearly becoming the future for the streaming industry, Amagi will continue to build cutting-edge solutions to harness this rising consumer demand and power growth opportunities for content owners, advertisers, and streamers throughout the TV ecosystem.”

Amagi offers a comprehensive suite of solutions for content creation, distribution, and monetization, and is a pioneer in enabling content distribution to free ad-supported streaming TV (FAST) platforms worldwide.

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Amagi currently has over 50 premium brand platform partners, including The Roku Channel, Samsung TV Plus, VIZIO, LG Channels, Tubi, TCL, Sling TV, Rakuten TV, and others.

In addition, the company has a cutting-edge cloud broadcast operations centre that can support 1,000+ live linear channels. Amagi clients include content and media companies like ABS-CBN, A+E Networks UK, beIN Sports, CuriosityStream, Discovery Networks, Fox Networks, Fremantle, Gusto TV, NBCUniversal, Tastemade, Tegna, USA Today, Vice Media, and Warner Media, among others.

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iWorld

What SMS letters G, T, S and P mean and how they help spot scams

Small alphabet tags on messages reveal whether texts are government or ads.

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SMS letters

MUMBAI: Sometimes the smallest letter in a message can be the biggest clue. In an age where smartphone users receive dozens of alerts every day, the tiny alphabet appearing at the end of many SMS messages can reveal whether a text is official, transactional, service related or simply promotional. Understanding these tags can help users quickly identify legitimate messages and stay alert to potential scams.

Under telecom regulations in India, SMS senders are required to categorise messages based on their purpose. As a result, many texts end with a single letter that indicates the type of communication being sent.

If an SMS ends with the letter G, it typically means the message has been sent by a government authority. These alerts may include information about public services, government schemes, safety advisories or emergency notifications such as natural disaster warnings.

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A message ending with the letter T signals a transactional SMS. These are usually sent by banks, financial institutions or digital services to confirm activities such as payments, account updates or one time passwords (OTPs).

The letter S represents a service related message. These notifications commonly come from companies and online platforms providing updates about services or orders. For instance, e commerce platforms like Amazon or Flipkart often send delivery updates and order confirmations that end with the letter S.

Meanwhile, SMS messages ending with the letter P are promotional in nature. These texts are typically marketing communications sent by businesses advertising products, offers or services such as education programmes, fashion sales or loan schemes.

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Understanding these simple tags can also help users stay cautious about fraudulent messages. Cybersecurity experts note that scam messages often do not follow these regulated formats and may arrive without any category letter at the end.

While the absence of a tag does not automatically mean a message is fraudulent, it can serve as an early warning sign encouraging users to verify the source before clicking links or sharing personal information.

For those who wish to reduce marketing texts altogether, telecom operators also provide Do Not Disturb (DND) options.

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Users of Jio can activate DND through the MyJio app by navigating to the menu, selecting settings and enabling the DND option with preferred filters.

Similarly, subscribers of Airtel and Vi can enable the same feature through their respective mobile apps to block promotional messages.

In a digital world flooded with alerts and notifications, recognising what a single letter means could make the difference between a harmless update and a potential scam.

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