Mobile video plays topped 60% globally for the first time in the fourth quarter of 2017 – garnering a 60.3% share of all video starts, according to new research published by Telstra subsidiary and video software and services vendor Ooyala.
Telstra is preparing to write down by $273 million the value of Ooyala, its US-based intelligent video business, to zero. The telco announced the writedown following what it says were substantial efforts over the past 18 months to improve the business performance.
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