Companies like Vimeo and Youtube have built their culture around celebrating the creator community on their platforms and the work they create. Telstra and Ooyala didn’t.
Media group Southern Cross Austereo, whose properties include the Hit and Triple M radio networks and the Southern Cross television stations across regional Australia, has invested $5 million in telco startup OVO Mobile.
Beanbag Movies is developing a streaming platform that allows users to watch the latest release at home as soon as it debuts at the cinema.
WaggaWagga.tv has received a $15,000 grant from Jobs for NSW to help expand its broadcast network to locations across the regional Australia.
Just after announcing the resignation of its cofounder and CEO Tim Westergren, music streaming service Pandora is understood to be shuttering its operations around Australia and New Zealand, its offices to close within the month.
Medical Channel streams tailored content to health practices to both educate and entertain patients slumped in their waiting room chairs.
Music streaming startup Guvera Limited has announced it’s ceased operations, with founder and chief executive Claes Loberg departing the company.
Elsight has developed the ‘Multichannel’, a portable communications system which is able to send and receive encrypted data from any point in the world.
Audible is a streaming platform allowing users to purchase and listen to audiobooks narrated by a book’s author or a voice professional.
POSMusic serves licensed songs though an app and desktop service for retailers, providing analytical tools, custom-made playlists and Spotify integration.
A joint venture between FairFax and Channel Nine injected $100 million into Stan, an Aussie streaming service that was only just an idea, not one piece of tech had been created.
Despite the headlines, it’s not all doom and gloom for music services. In fact, Australian online radio station Pulse Global has been going from strength to strength since it began refreshing its business model in 2012.
With recent figures from Roy Morgan finding that Netflix has already notched up over a million users in more than 400,000 households since its Australian launch a few months ago, you could be forgiven for thinking that it has the Australian streaming market sewn up. While Presto, Stan, and Quickflix may be lagging, there are smaller players showing that consumers are willing to pay for niche content.
Showing that companies of all sizes struggle to find business models that everyone agrees with, Taylor Swift has criticised Apple for choosing to offer customers a free three-month trial of its new Apple Music streaming service, which is set to launch on June 30.
Unless you have been cut off from the internet over the last few weeks, you would have noticed that two similar apps have been the talk of the tech world lately: no one has been able to stop talking about Meerkat and Periscope.