Costs became the main concern during the COVID-19 pandemic; the involvement of viewers and live streams drive innovation

SAN FRANCISCO– (BUSINESS WIRE) –Is the godsend for companies in the video streaming segment over? If the COVID-19 pandemic has had a strong impact on every type of company, the speech is especially true for the streaming / OTT sector. With the growing number of homebound consumers and the resulting increased use of streaming services, video viewing has skyrocketed, and with it the costs. Bitmovin, a leading supplier of video infrastructure to digital media companies around the world, today revealed the results of the fourth annual "Video Developer Report", containing information on the current state of the video / streaming / OTT industry as well as the latest trends and challenges. video developers have to deal with.

Click here to view the full report

Among the main conclusions:

Overriding problem: cost reduction

Bitmovin recognizes that the current year has brought to the fore an unprecedented amount of issues along with unique opportunities for all companies operating in the sector.

The original text of this announcement, written in the source language, is the official version that is authentic. The translations are offered solely for the reader's convenience and must refer to the text in the original language, which is the only legally valid one.

Contacts

Glenn Mendel
Escalate Communications
(E) glenn@escalatecommunications.com
(p) +1 760-798-1563

Source BUSINESS WIRE