GECs
YouTube ad revenue may rise by 50 per cent to $5.6bn
MUMBAI: YouTube, the online video streaming giant, is growing than ever before. According to a new report by eMarketer, YouTube’s advertising revenue is expected to rise by more than 50 per cent to $5.6 billion in 2013, also posing a threat to traditional TV ads.
The report by eMarketer claims that YouTube has become a huge favourite among advertisers and it will account for 11 per cent of advertising revenue at Google, YouTube’s parent. Earlier in May, Morgan Stanley predicted that YouTube’s gross revenue would reach $4 billion in 2013, while Barclays suggested a likely figure of $3.6 billion and Jefferies & Co’s $4.5 billion
Google has not revealed YouTube’s earnings, but eMarketer research suggests that the search engine got a bargain when it paid $1.65 billion for the site in 2006. However, the streaming site does not keep all the advertising revenue as it has to pay a share to advertising partners and providers of content.
Google’s public statistics for YouTube include the fact that the service attracts one billion people watching more than six billion hours of video a month, with 80 per cent of its traffic coming from outside the US, and 40 per cent of its viewing on mobile devices.
Advertisers are keen to buy slots on YouTube because of its young audience, who prefer to watch TV programmes through their computers, tablets and mobile phones rather than conventional televisions.
About 79 per cent of YouTube’s US ad revenue is from video advertising, with an estimated $850 million for the year. That would give it a 20.5 per cent share of the overall $4.15 billion US video ad market. eMarketer estimates that YouTube video-ad revenue would hit $1.22 billion in 2014, taking a 21.1 per cent share.
GECs
Samsung TV Plus launches Kings of Comedy channel
New free FAST channel brings iconic Hindi comedy shows to millions of Samsung Smart TV owners.
MUMBAI: Samsung TV Plus has just turned up the laughter volume and it’s completely free. The leading free ad-supported streaming television (FAST) service in India has launched Kings of Comedy, a premium comedy channel featuring some of the country’s most beloved primetime shows. Available exclusively on Samsung TV Plus, the channel delivers back-to-back hits including Comedy Nights with Kapil, Khatra Khatra Khatra, and Comedy Nights Bachao, with no login or subscription required.
The launch marks a milestone for free streaming in India, offering audiences a dedicated comedy destination directly from their Samsung TV home screen. It arrives as Samsung TV Plus India celebrates its 5th anniversary, during which the service has grown its monthly active users by 42 per cent and more than doubled its total viewing hours. The platform now offers over 180 free channels across 14 languages.
Samsung TV Plus India general manager and head of business development Kunal Mehta said, “Comedy is the heartbeat of Hindi entertainment, and Kings of Comedy brings together the shows Indians already love, completely free on their Samsung TV. Our focus remains the same take the content people know and make it effortless to access.”
Globally, Samsung TV Plus has surpassed 100 million monthly active users across more than 4,500 channels, solidifying its position as one of the world’s leading free streaming services.
Kings of Comedy is now available on all compatible Samsung Smart TVs. For viewers seeking non-stop laughter without any cost, this new channel delivers a royal treat proving that sometimes the best entertainment really does come with no strings (or subscriptions) attached.
