- Video streaming is expected to reach a market size of $279.5 million in 2024 and grow to $1.3 billion by 2034 due to the demand for live-streamed content and technology advancements
- Immersive content is in high demand – blending lifestyle content with entertainment elements, often through apps supporting Video-On-Demand content and traditional broadcast television
- Bravo’s acquisition of Streaming TVee’s assets further the company’s goal of advancing its video streaming and entertainment ventures with a beta launch of its TVee NOW(TM) streaming service in Q1 2024
The video streaming market is expected to keep growing in the coming years. It is estimated to grow from $279.5 million in 2024 to $1.3 billion by 2034, growing at a CAGR of 16.4%. The market’s substantial growth is due to an increased demand for live-streaming content and technological advancements that propel the expansion of the market (https://nnw.fm/RzjTz). Bravo Multinational (OTC: BRVO), a company focused on exploring opportunities in the entertainment, hospitality, and technology sectors to generate long-term value for its shareholders through high-growth business ventures, is focused on advancing video streaming and its entertainment ventures.
The key to capturing an audience’s attention in entertainment lies in delivering outstanding content and immersive experiences that seamlessly blend lifestyle and entertainment elements. Content creators can forge deeper connections with audiences and leave lasting impressions by using their expertise across various domains, including television, film, music production, live events, immersive attractions, culinary experiences, retail products, and gaming.
One of the fundamental aspects of connecting lifestyle and entertainment is understanding the pulse of the audience. Content creators must delve into their target demographic’s preferences, aspirations, and cultural nuances to craft experiences that resonate on a personal level. Whether through compelling storytelling, innovative visual techniques, or interactive elements, the goal is to transport audiences into a world where they feel fully immersed and engaged.
Television and film serve as powerful mediums for storytelling, offering a canvas for creators to explore a variety of narratives and perspectives. By producing high-quality content that reflects the richness of human experiences, filmmakers can evoke emotions, spark conversations, and inspire change. From gripping dramas to light-hearted comedies, each genre presents an opportunity to delve into different facets of lifestyle while keeping entertainment at the forefront.
Music production and behind-the-scenes content add another dimension to the immersive experience. Whether creating original soundtracks for films, curating playlists for live events, or producing albums that capture the essence of a particular lifestyle, music can evoke emotions and set the tone for memorable moments. By integrating music seamlessly into various entertainment offerings, creators can amplify the overall experience and forge deeper connections with their audience.
In February 2024, Bravo finalized a deal to acquire Streaming TVEE Inc.’s assets, allowing it to establish its flagship offering – TVee NOW(TM). The acquired assets provide the company with the technology and foundation to offer streaming services, including Video-On-Demand (“VOD”) and traditional broadcast television through a joint venture partner.
In the acquisition, Bravo obtained exclusive rights, image and likeness, label waivers, and exploitation rights for streaming 117 high-definition music and comedy performances – offering director’s cuts and multiple camera perspectives. The original content offering will allow Bravo to recreate shows in diverse formats, showcasing concert films in a new full-feature format.
Bravo’s service is set for beta launch in Q1 2024. It will be accessible across various devices, with dedicated apps on platforms like Roku, Apple, and Google Play stores. The offering only reinforces the company’s commitment to innovation and audience accessibility.
For more information, visit the company’s website at www.BravoMultinationalInc.com.
NOTE TO INVESTORS: The latest news and updates relating to BRVO are available in the company’s newsroom at https://nnw.fm/BRVO
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