Hundred-vision Q1 to increase 34% OTT home entertainment industry

On the evening of April 27, Blockbuster reported the first quarter of 2014. The company's first quarter income of 643 million yuan, an increase of 34%, the profit of 183 million yuan, an increase of 25%.

Data show that the end of the quarter, the company's cumulative service of IPTV users over 21 million. The company's OTT and high-definition TVs grew by more than 50% in the first quarter of the year compared with the fourth quarter last year. In the first quarter, hundred-Vision in IPTV, OTT Intelligent TV platform operating the pay-TV business grew 58%, the company's four-screen new media ads, including the merger of the popular network advertising revenue growth over 160% year-on-year, mobile phone TV business income growth of 50%.

According to the annual report of the April, the company will accelerate the development of OTT business in 2014, and will OTT set-top box as a carrier to create a "home entertainment center", Ott is part of the company's "Family entertainment center". From the user's behavior, high-definition Intelligent TV has become a general trend. The company also hopes to make the Xbox a popular mainstream product by upgrading its research and development, making it a staple for high-end users like Apple's terminal.

It is understood that the "Home entertainment center" strategy, in the terminal will be implemented "high-low" configuration of the way. The high-end to the Xbox mainly, low-end to OTT and business-to-business business. Through the Xbox terminals and Technology, hundred-vision access to many new areas, such as online education, online health sports, telemedicine, wearable equipment docking, etc., the future into the intelligent home, smart home industry.

Hundred-Vision also issued a notice, to Shanghai Rui Cai Tong to increase the capital of 6,461,530 yuan. After the increase in capital, the hundred-Vision has a 35% stake in Choi Tong. Rui Cai Tong Company currently operates mainly in the operation of TV lottery, in digital TV ngb, IPTV, OTT Intelligent TV, mobile terminal platform to achieve lottery (including China Lottery and lottery) sales and lottery information publishing business operations and related services.