US ranks 13th globally in average Internet connection speed

Want a really fast Internet connection in the United States? You’re most likely to get it in on the East Coast, according to the latest State of the Internet report for the fourth quarter issued by Akamai (Nasdaq: AKAM). And, although Internet speeds are getting faster–the average connection speed was up 14 percent from a year ago, to 5.8 Mbps–less than half topped 5 Mbps

Connected-TV shipments globally to nearly triple by 2016

The number of connected televisions expected to ship worldwide by 2016 could nearly triple from 2011, with revenues reaching $117 billion, a new report from IMS Research forecasts. Only 25 percent of TVs shipped in 2011 were Internet-ready, said IMS. That number is expected to reach 70 percent as the industry increasingly makes Internet-connectivity ubiquitous in new televisions

Here’s Your Chance To Win 1 of 12 Google Chromebooks at The Streaming Media East Show

Thanks to Google, we're giving away 12 Samsung Chromebook Series 5 laptops at the Streaming Media East show, taking place May 15-16th in NYC. To attend the Google keynote on May 15th, simply register online for a free exhibits pass and you are in.

Ooyala CEO: Online video industry is at an inflection point

Sitting under a teal beach umbrella, next to a gleaming, polished aluminum Airstream trailer in the parking lot of the Las Vegas Convention Center during the NAB trade show last week, Ooyala CEO Jay Fulcher looked the picture of contentment. And why not? Ooyala has had a solid three-year run under his leadership, is growing customers, employees and, most importantly, revenue. Fulcher said the venture-capitalized, privately held company saw greater that 100 percent growth in 2011 for the third year in a row, has topped 500 the customer mark — many of which, like ESPN, are legitimate A-listers — and is causing some buzz in it sector.

WeVideo scores $19.2M in Series A funding round

Startup online video editing platform WeVideo, which started out its life as an educational tool for school children in Europe, has landed $19.2 million in a Series A funding round. The fundraising round, led by Crest Capital Ventures of Houston, will be used to help the company gain more of a global audience, a company statement noted. Founded in 2011 by Norway-based Inspera, WeVideo allows users to collaborate on projects.

Universal Sports taps Brightcove for delivery of live, VoD content

LAS VEGAS–Universal Sports Network is using Brightcove’s (Nasdaq: BCOV) Video Cloud online video platform to deliver live and on-demand sports coverage to its website UniversalSports.com. The company today said it would deliver more than 2,000 hours of original, Olympic, adventure and endurance sports programming to both Adobe Flash and HTML5 desktops and devices. USN said the Video Cloud allows it to “offer significant quantities of both live and on-demand video content across multiple screens while providing a great viewer experience.” “Video Cloud also gives us access to critical analytics and reporting tools that we use to measure the performance of our programming and fine-tune content to best meet the demands of our passionate audience and dedicated advertiser base,” said Elliott Gordon, vice president and general manager of digital for Universal Sports

D-Link Releases $48 Streaming Player, But Can’t Compete With Roku

Yesterday, D-Link announced a new streaming media player called the MovieNite which is only available via Walmart. While some have suggested this device will compete with the Roku, it falls far short of the Roku player. The good news is that Walmart is currently selling the $59.99 retail box for only $48. The player supports 1080p video streaming and has…

Parks: Online video viewing trends and business models

Brett Sappington The percentage of consumers who are accessing premium content online has grown significantly in the past year. Nearly one-third of consumers in U.S. broadband households stream TV shows, and nearly the same amount stream movies, with downloads also increasing in both areas. These offerings are popular thanks to the increasing amount content available and the growing number of connected and mobile CE that can receive and display online video. Trends Online video aggregation sites are increasing original programming under development.

Xbox makes a bid for non-gamers with music, video app appeal

Microsoft

SkitterTV offers streaming live TV in Portland, Ore.

SkitterTV has established a beachhead for streaming live TV over the Internet to Roku and WD TV connected devices. The company so far is only offering the service in Portland, Ore., but reports say it plans to expand to five more markets by the end of the quarter and, eventually, to offer it across the U.S. GigaOm reported that the service will cost between $12 and $15 monthly

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