The boss of Foxtel has dismissed what he described as a myth surrounding competition to the cable service from SVOD providers like Netflix. At an address to the Australia Israel Chamber of Commerce today, Foxtel CEO, Richard Freudenstein, claimed that Netflix will never be able to compete with Foxtel in the content stakes.
Network connectivity data centre facilities services provider Nextgen has established a partnership with Sydney Teleport Services (STS) which allows STS to offer more advanced capabilities and interconnectivity with major cloud platforms to support growing OTT services for its new and existing client base.
Global TV advertising is still growing, despite the many Internet based challengers.