Startups
Business/Product or Service
Internet Media Empire makes and acquires original never before seen content.
The Company will produce the following products/services: [Movies, Shows, Documentaries, Music and Live shows and events].
Presently, our streaming platform is in the seed stage. (It’s built but we need capital to finish) It will compete primarily based on the overwhelming demand for high quality digital content. Our plans include
• Building a production studio right here in Plainfield, NJ.
• Launching live streaming with cloud DVR
• Adding real time social interaction to our platform
• Launch of IME APP on multiple platforms
The Market
We define our market as the OTT streaming market. The over the top television market is primarily composed of subscription based video on demand, Transactional VOD and Ad VOD services. The combined market size of the OTT market was estimated at $29.4 billion in 2015, and is expected to grow by over $64 billion by 2021, a CAGR of over 14%.
Competition
We will compete directly with Netflix, Hulu, Amazon and several others. Our product is
unique/superior because of it being crowd rated original content all the time. We have a competitive advantage because of our speed to market, low cost producer status. We expect new companies to enter this market.
Risk/Opportunity
Some of the greatest risks associated with our business today are Fragmentation, Consumer behavior, and Infrastructure. We feel we can overcome these risks because of our determination to stand out from the crowd and offer a great experience offering local content in foreign countries. Our biggest recognized opportunities include creating or exploiting new technologies in the marketplace, Increase in mobile users worldwide, the never ending demand for new fresh content.
Management Team
The management team is led by Chief Executive Officer Ben Twiggs who founded the company in 2013. He received his B.S. In Computer Science from West Virginia University in 2000.
Internet Media Empire makes and acquires original never before seen content.
The Company will produce the following products/services: [Movies, Shows, Documentaries, Music and Live shows and events].
Presently, our streaming platform is in the seed stage. (It’s built but we need capital to finish) It will compete primarily based on the overwhelming demand for high quality digital content. Our plans include
• Building a production studio right here in Plainfield, NJ.
• Launching live streaming with cloud DVR
• Adding real time social interaction to our platform
• Launch of IME APP on multiple platforms
The Market
We define our market as the OTT streaming market. The over the top television market is primarily composed of subscription based video on demand, Transactional VOD and Ad VOD services. The combined market size of the OTT market was estimated at $29.4 billion in 2015, and is expected to grow by over $64 billion by 2021, a CAGR of over 14%.
Competition
We will compete directly with Netflix, Hulu, Amazon and several others. Our product is
unique/superior because of it being crowd rated original content all the time. We have a competitive advantage because of our speed to market, low cost producer status. We expect new companies to enter this market.
Risk/Opportunity
Some of the greatest risks associated with our business today are Fragmentation, Consumer behavior, and Infrastructure. We feel we can overcome these risks because of our determination to stand out from the crowd and offer a great experience offering local content in foreign countries. Our biggest recognized opportunities include creating or exploiting new technologies in the marketplace, Increase in mobile users worldwide, the never ending demand for new fresh content.
Management Team
The management team is led by Chief Executive Officer Ben Twiggs who founded the company in 2013. He received his B.S. In Computer Science from West Virginia University in 2000.
Overview
Founded date
2013