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Corporation
INTERNET | Internet Software & Services / Video
conviva.com

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Founded Year

2006

Stage

Series F | Alive

Total Raised

$99M

Valuation

$0000 

Last Raised

$40M | 5 yrs ago

Mosaic Score

+20 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Conviva

Conviva powers every internet-connected screen with the most engaging viewing experiences imaginable by elevating the way OTT businesses use data-driven intelligence. It has developed an intelligent video platform to empower studios, networks, sports leagues, and content aggregators by automating both dynamic bit rate adjustment and the management of multiple distribution networks to optimize the experience, raise engagement, and reduce the cost for large-scale video businesses. It continuously collects, cleanses, and computes hundreds of video viewing metrics and metadata values from every second of consumers' video viewing sessions in real-time. This is the foundation for deep, multi-departmental analytics and business intelligence applications powered by an AI for video system trained by the industry's most diverse, comprehensive, and granular OTT streaming dataset.

Conviva Headquarter Location

989 E Hillsdale Blvd Ste. 400

Foster City, California, 94404,

United States

650-401-8282

Latest Conviva News

Netflix Starts An Epic War Against Disney And Amazon In India

Dec 30, 2021

By A Netflix logo is pictured. Photo: AFP / Olivier DOULIERY Netflix has started an epic war against Disney and Amazon in the Indian video streaming market. In mid-December, the American streaming video giant slashed its prices as it tried to gain market share against its biggest rivals. Video streaming is a global industry that grows at fast rates. Global streaming rose at an annual rate of 21% in Q3 2021, according to Conviva, the intelligence cloud for streaming media. In Asia, video streaming grew at 46%, led by western Asia, which grew at a whopping 200%, followed by southeastern Asia, which grew by an extraordinary 164%, and southern Asia, which grew 71%. As the industry grows, so is competition among streaming giants to develop the right global/local bundle and pricing to expand their subscription base. "The competition in the global streaming market is heating up, with subscription services fighting for every subscriber or viewer in their direct-to-consumer relationship strategy," says Keith Zubchevich, CEO of Conviva. "It's a race between local/national streaming services as well as the global media companies, with the goal to acquire as many subscribers as possible. Netflix has proven there is a clear sensitivity to subscription price and acquisition/retention. In this global race for subscribers, pricing actions will certainly be the norm." And it will change the game in the Indian streaming market, according to Dennis L. Reed II, head of development at Homestead Entertainment. "Netflix cutting pricing is a game-changer because as Bollywood and Nollywood are huge in terms of genres that bring in the largest audiences in movies," he said. "Netflix is definitely undercutting the other streamers such as Tubi, Disney and Amazon Prime. There will be some specials and changes made to other streamers because of it. Disney has levels to Disney Plus, so they may have to reduce pricing on several levels as well as Prime." Netflix's aggressive pricing in the Indian market comes when the video streaming giant is running out of profitable opportunities at home, as evidenced by a prolonged decline in economic value added (EVA) before the outbreak of the COVID-19 crisis. EVA is usually measured as the difference between the return on invested capital (ROIC) and the weighted average cost of capital (WACC) or the number of investment dollars it takes to produce the return on invested capital. Economists and financial analysts use EVA to measure a firm's effectiveness in allocating funds to profitable business opportunities. EVA is also a sign of whether the firm creates or destroys value as it grows. Netflix's EVA has dropped from 33% in 2010 to negative-11% in 2013 and negative-3% in 2019, according to Gurufocus estimates, meaning the company destroyed rather than created value as it grew during that time. The decline in Netflix's EVA coincides with a couple of developments. One of them is market saturation at home, the drying up of the pool for new subscribers. That's when younger companies reach maturity and their growth slows, and there's a fight for market share, which leads to price wars. Then there's the company's shift of subscription growth from the domestic to the overseas markets, where revenue per subscriber is lower than in the U.S. In the third quarter of 2020, Netflix revealed that its average monthly revenue per paying subscriber in North America was $13.40 per month, compared to $7.27 per month in Latin America and $6.97 in India. Lower international subscription rates could explain the wedge between membership growth and revenue per membership the company has reported in recent quarters. In the fourth quarter of 2020, the average paid streaming memberships increased 23%, while the average revenue per membership remained flat year over year, both on a reported and foreign exchange neutral basis. Things are expected to get worse as the company is cutting prices further in places like India, where it tries to catch up with Amazon, Disney and local competitors, which have a lead in local content. Editor's Note: The writer owns shares of Disney. Loading...

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Expert Collections containing Conviva

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Conviva is included in 1 Expert Collection, including Artificial Intelligence.

A

Artificial Intelligence

8,330 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Conviva Patents

Conviva has filed 62 patents.

The 3 most popular patent topics include:

  • Video on demand services
  • Internet television
  • Video hosting
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/31/2018

6/22/2021

Video on demand services, Nations at beauty pageants, Diagrams, Internet television, Video hosting

Grant

Application Date

5/31/2018

Grant Date

6/22/2021

Title

Related Topics

Video on demand services, Nations at beauty pageants, Diagrams, Internet television, Video hosting

Status

Grant

Conviva Web Traffic

Rank
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Page Views per Million (PVPM)
Reach per Million (RPM)
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