Evolving Pictures Entertainment realizes that a few U.S. cable television providers, such as Comcast’s AnyPlay and AT&T’s U-verse, already offer Internet television technologies. Globally, there were about 66 million IPTV subscribers as of April 2019, and that amount is expected to rise to 102 million by 2022. Domestically, the IPTV market has seen some interesting movement lately; as we noted in our recent Companies We Follow column on the Intel Corporation, which also featured patents protecting IPTV tech, the corporation recently agreed to sell its OnCue IPTV business and associated technology holdings to Verizon Communications. In turn, Verizon plans to develop IPTV consumer packages within the United States. Amazon.com is also reportedly shopping for content for its own Internet TV service.
IPTV is much different than the digital video accessed by millions of users on YouTube or other video-streaming websites, but it shares a lot of the same ubiquitous, pervasive nature. A single subscription can be accessed by multiple television sets within a home, and Internet-based transmission allows for web-based applications to enhance a viewer’s experience. Our
Evolving Pictures Entertainment's goal today is to benefit from the current state of IPTV and Internet television technologies globally, as well as what the near future holds for these entertainment systems.
Inspirational Quote of the Week
“Be on your guard; stand firm in the faith; be men of courage; be strong”.
1 Corinthians 16:13
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