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6 Tech Trends that will reshape Media & Entertainment in 2021

Trigent

By 2024, Over-the-top (OTT) media revenue is predicted to touch $158.84B that’s more than double the $67.8B The number of OTT service users in the United States is expected to reach 198 million by 2021. Here’s our take on 6 technology trends that will influence the media and entertainment world this year.

Media 98
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AmazeVR gets another $15M to forge the future of immersive concerts 

TechCrunch

AmazeVR , a virtual reality concert platform that enables users to experience their favorite artists’ VR concerts through content generation tools, announced today it has secured $15 million, which was oversubscribed within three weeks. . Users would join as avatars, hang out with other users, and experience VR concerts together.

VR 251
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Emotion-detection software startup Affectiva acquired for $73.5M

TechCrunch

Affectiva, which spun out of the MIT Media Lab in 2009, has developed software that can detect and understand human emotion, which Smart Eye is keen to combine with its own AI-based eye-tracking technology. About $6 million will be paid in cash once the deal closes in June 2021. How artificial intelligence will be used in 2021.

Software 247
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8 open source companies from YC Demo Day Winter ’22

TechCrunch

Founded: 2021. Founded: 2021. Founded: 2021. Founded: 2021. Founded: 2021. What it says it does: Unai is developing a VR headset and virtual world that aims to help people feel connected to one another in the virtual world. Founders: Maxim Perumal built Relativity, an open source VR headset, at age 15.

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How to build a social media app: An entrepreneur’s guide

Openxcell

Forbes reports that the number of people using social media worldwide has reached 4.9 Over the last few years, social media has evolved from being primarily a communication channel and entertainment platform to marketing and growing businesses, contributing to significant social and political discussions. billion in 2023.

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Radar trends to watch: August 2021

O'Reilly Media - Ideas

To succeed, VR will have to get beyond ultra geeky goggles. Scuttlebutt is a protocol for the decentralized web that’s “ a way out of the social media rat race.” Mark Zuckerberg has been talking up the Metaverse as the next stage in the Internet’s evolution: a replacement for the Web as an AR/VR world. AI and Data.

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A year on from Russia’s invasion, Ukrainian startups show astounding resilience

TechCrunch

Ukraine’s startup ecosystem was thriving before the war and making great progress, with Ukrainian startups raising $832 Million in VC funding in 2021. from a year earlier, and brought in more than $6 billion in revenue, more than $542 million the revenue generated in 2021. It has now moved to Poland and set up the office there.