Image credit: E-Commerce Times
Image credit: Park Associates
More About OONA - So What Is the OONA Advantage?
"Cable,
satellite and telco TV providers in the US are facing a record number
of quarterly subscriber losses" [1]
Now, as Pay-TV providers get all shook
up after witnessing the worst ever subscriber losses in Quarter 2
[1], we need to put the spotlight on how this scenario has come
about, and look at how it will fare in the future.
Alarm Bells
Many players within the pay-TV business recognized the loud wake-ups calls long ago. - These began with Netflix, which rapidly hit the heights from a simple American-only DVD mail order service, and then expanded into an extremely popular global video entertainment giant, which is now available in over 190 countries. Further, in 2005, shortly before Netflix started their streaming video service, YouTube was born. This fun diverse platform went on to become one of the most used video websites in the world, shaping and transforming the way people consume video. - And as it bloomed, so did the advertising industry [2].
Image credit: Devianart, Jurassic Park Warpath
On the Warpath
The Difference Between Pay-TV &
OTT
Before we start, let us just compare
these two different business models which enable customers to
subscribe to TV content. Pay TV companies such as Comcast, which are
usually more costly, generally bundle content, and the consumer has
to lease a satellite dish, network set-top box, or proprietary
coaxial cable. Conversely, OTT platforms such as OONA Global TV, is
delivered via a proprietary CDN (content delivery network) over the
internet.
Image credit: Telemedicine Clinic
Image credit: Telemedicine Clinic
Alarm Bells
Many players within the pay-TV business recognized the loud wake-ups calls long ago. - These began with Netflix, which rapidly hit the heights from a simple American-only DVD mail order service, and then expanded into an extremely popular global video entertainment giant, which is now available in over 190 countries. Further, in 2005, shortly before Netflix started their streaming video service, YouTube was born. This fun diverse platform went on to become one of the most used video websites in the world, shaping and transforming the way people consume video. - And as it bloomed, so did the advertising industry [2].
Image credit: Devianart, Jurassic Park Warpath
On the Warpath
Further, gargantuan online platforms
such as Amazon, Twitter and Facebook, are on the warpath to achieve
optimum levels of success. Moreover, they are all engaged in
broadcasting live sports, a field which was once the exclusive domain
of broadcast and pay-TV companies. And on top of this, to add even
more competition, in the US, Hulu and Google provide their own pay-TV
online services [1].
And now, we have up and coming
cutting-edge next generation OTT players such as OONA Free Mobile TV,
the highly successful new kid on the block which has taken the
industry by storm. - OONA first started out in 2018, by partnering with Telkom Indonesia, and making its
unique free AVOD service, which actually rewards viewers for interacting and watching
what they love, available to 185 million Indonesians.
Since that time, its has made rapid expansion plans all over the world, with a number of high profile launches including the US, expected this autumn. OONA US will offer its both its Free For Life AVOD service, and its SVOD service, the latter of which can be be accessed for as little as one day, for users who want to watch live sports coverage etc.
The Next Generation
Since that time, its has made rapid expansion plans all over the world, with a number of high profile launches including the US, expected this autumn. OONA US will offer its both its Free For Life AVOD service, and its SVOD service, the latter of which can be be accessed for as little as one day, for users who want to watch live sports coverage etc.
The Next Generation
This chart from Park Associates shows, the next generation has the upper hand. - This is because when it comes to their approach to business metrics and data, next generation platforms [such as OONA TV], and conventional pay-TV providers, have substantial differences [2].
2019: The Demise of
Pay-TV?
"Overall
pay TV subscriber losses are on track to see a record 5.5% drop
during Q2" [1]
MoffettNathanson's analyses indicates
that: during Q2 this year, Comcast, AT&T/DirecTV and Charter, the
three leading conventional providers of pay-TV have suffered a total
loss of 1.25 million subscribers. Moreover, although the figures are
not yet in, it is estimated that compared to Q2 2018, 1.1 million
more subscribers have bid adiĆ³s from other big name providers [1].
"Freaking Ugly!"
Telling it like it is, the MoffettNathanson report states that: “With Comcast’s, AT&T’s and Charter’s [second quarter] earnings in the books, the early read on traditional cord-cutting is freaking ugly. -The growth of cord-cutting and the continued decline in viewership are weighing on advertising as well, as we forecast flat growth for the quarter” [2].
"Freaking Ugly!"
Telling it like it is, the MoffettNathanson report states that: “With Comcast’s, AT&T’s and Charter’s [second quarter] earnings in the books, the early read on traditional cord-cutting is freaking ugly. -The growth of cord-cutting and the continued decline in viewership are weighing on advertising as well, as we forecast flat growth for the quarter” [2].
More About OONA - So What Is the OONA Advantage?
Consumers who download the OONA app
will experience exciting free live and on-demand entertainment from
hundreds of channels, on-the go, anytime, anywhere; and on their home
TV via OONA casting and the OONA Android TV box.
Another OONA TV advantage, is the fact
that OONA TV users get rewarded with a virtual currency (tcoins),
just for watching the content they love, checking out interesting
personalized ads on the free AVOD service, which can save them time
and money; sharing on social media, and interacting with OONAbot, the
cool genie in the app who is there to serve them, and give them the
best possible CX. The tcoins are stored in a personalized e-wallet,
and can be redeemed for a huge range of quality branded goods and
services, coupons, discounts, free meals and fun days out, telcom
products, and exclusive prizes from the daily Bid n'win competition.
Proven Ad Success
In the Asia market where OONA TV was
launched in conjunction with one of the world's leading telcoms,
Telkom Indonesia, OONA TV has recorded a 21% CTR rate on Video Ads
which is a huge 92X (times) higher than the average global CTR
recorded by Google.
Unlimited Innovation
OONA's unstoppable drive for
innovation, looking outside the box, and putting users in the driving
seat, is having an enormous impact on the industry, with various OTT
TV platforms all over the world following the OONA model by changing
from their SVOD (subscription-based video on demand) to AVOD, or by
adding AVOD; as well as emulating OONA by adding live TV, and other
unique strategies.
Disruption at its Best
Headed by leading digital and AI
strategist, Christophe
Hochart, the platform's ethos has been the same ever since he
founded it a few years ago: to put consumers first, and give them
loyalty rewards; give telecoms, studios and content holders an
unbeatable deal, operate in a transparent way; protect users'
personal information; and empower billions of people with free access
to top entertainment, thereby bringing equality to all, and putting a
stop to pirate TV.
Choice is King
Image credit: Urbanmoms
“Options” is the watchword of all
savvy consumers. - And this is one reason why OONA TV is so
successful. OONA users can easily add the OONA+ to their free AVOD
service. -The latter gives them hundreds of top local and
international channels, not to mention virtual currency rewards for
watching the programs they love, and the ads that interest them, and
can save them time and money. The OONA+ SVOD Premium option can be
accessed at any time, whether it is for just a day, a weekend, week,
month or year.
OONA consumers enjoy a whopping five
choices:
Option 1
Viewers do not have to pay subscription
or data charges. This is because OONA's AVOD (ad-based live & on
demand video service) is largely funded by personalised ads which are
regularly updated according to what branded products each individual
consumer is interested in at the time.
Option 2
OONA's SVOD (subscription based live
and on-demand video service), offers viewers the choice of paying for
specific premium content on a daily, weekly, monthly, quarterly or
annual basis.
Option 3
OONA's TVOD (transaction-based live and
on-demand video service), provides a pay-per-view option. So for
example, if a couple just want to enjoy a newly released premium film
on the odd Friday night or weekend, then they do not have to sign up
for an extended period of time, and be burdened for paying for more
content than they really want, like they may have to do with other
platforms.
Option 4
Viewers can unlock premium content by
using their tcoins (OONA's virtual currency rewards which can be used
for telcom products, free phone minutes, branded goods and services,
discounts, meals and other fun things). These tcoins are easy to
accrue from watching various channels, looking at ads, sharing
content with friends and family, and interacting with OONA's AI Genie
in the app, OONAbot, who personalizes their content, and ensures that
they get the best possible CX. The tcoins are stored in a
personalised virtual wallet.
Option 5
Premium pay-TV content can be easily
included in the user's telcom data plan bundle.
Exceptional Flexibility
Exceptional Flexibility
OONA's exceptional flexibility had
proved incredibly practical for: families who want to watch special
content at weekend get togethers; couples who want a fun night in to
enjoy special live entertainment events, or a recent film release;
and adolescents' school holiday periods.
Keeping Financial Commitments in Check
Keeping Financial Commitments in Check
It is also an excellent system for when
consumers have a temporary change in circumstances, such as
unexpected unemployment, or other issues. They can take a break for
as long as they like, enjoy everything OONA's excellent free AVOD service
offers, and then resume with the OONA+ SVOD add-on, as and when they
are ready. And again, this can just be for the odd day for super live
sports specials; or for certain weekends, holiday time, and so on.
OONA - Free Unlimited Entertainment for Life
References
[1]. Clancey, Michelle (2019). "Pay-TV
providers face worst quarter ever for subscriber losses in Q2."
[2]. Sappington, Brett (2019). "What
Shifting Data Use Means for Pay-TV and Video Services."
E-Commerce Times.
https://www.ecommercetimes.com/story/86088.html
Accessed 30 July, 2019.