BIG BREAKING NEWS – RECORD REVENUE: Streann Media Announces Record Revenue in Q3 2021 Propelled by Innovative OTT Projects [#StreannMedia] 10/05
Streann Media, the most interactive and innovative OTT platform in the world, announced record revenue in Q3 2021, propelled by innovative OTT projects, signing up broadcasting giants Teletica Media Group and Bethel Media, one of the world’s biggest megachurches.
Streann Media experienced healthy growth, increasing ARPU significantly.
In 2021, brands have shifted advertising dollars from traditional media to OTT in 2021, and Streann is capitalizing on this trend.
Particularly, revenue from digital advertising services is experiencing double-digit, month-over-month growth.
Streann Media has built a disruptive advertising solution for content creators and brands, partnering with industry leaders Didna and CatapultX to bring artificial intelligence and new digital ad formats to market.
The new ad formats have given publishers an ROI of 350% with a video completion rate of 97%.
The technology company keeps pushing boundaries, planning the launch of 2 new streaming solutions in Q4 2021 to attract content creators from all verticals.
Hundreds of millions of video creators -including millions of Streann’s active users- will be able to bring remote production to the next level with these new products:
– Inside-Switcher is the first video studio app with different multi-camera possibilities, lowering the cost of production and increasing the speed of broadcast-quality content experiences from a single App.
The company launched a successful beta program in September 2021, selling out thousands of slots for new users in only 4 days.
– Streann Studio is a web-based software that allows content creators to broadcast and personalize live videos to multiple streaming platforms simultaneously, including YouTube Live, Facebook Live, RTMP, HLS, and Twitch.
The global video streaming software market size is exploding, as it is expected to grow from USD 6.1 billion in 2020 to USD 15.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.7%. The fastest-growing segment is multi-camera streaming, with anticipated triple-digit user adoption for 2022.
Streaming is the new normal, and Streann is growing exponentially thanks to a unique SaaS “plus” model.
Streann Media® is the world’s most innovative and interactive OTT streaming platform.
With Streann, content providers can create the next Netflix or Spotify, with more than 150 proprietary features for distribution, engagement, and monetization technologies.
Established in Miami, Florida, the company has won several industry awards for its easy-to-use all-in-one solution and has been deployed in 141 countries.
Streann Revenue Jumps 85% in Q3 2021!
Miami-based tech company continues with exponential growth in connected TVs and programmatic ads: