Infofed e-sport startup turns its strength in online streaming into virtual conference to battle the impact caused by Covid-19 and plans to raise series A funding by the end of […]
Natthaporn Suchartkulawith, CMO & Co-founder Thai Livestream disclosed that all scheduled events of festivals, meetings, seminars, and live streaming have been cancelled due to Covid-19 pandemic, the company thus needed to change its business direction, moving toward online live broadcasting, online event, online meeting and seminar. The live events run on its FrogLive platform and other social media including YouTube, Facebook, Twitter, and Instagram as per requested by customers.
The company says the extra cash will help pay for its investment in original shows and films and finance its debt. Netflix is raising its U.S. prices by 13 percent to 18 percent, its biggest increase since the company launched its streaming service 12 years ago.
“Those customers that are more price-sensitive, and want smaller packages, we now have streaming packages,” AT&T CEO Randall Stephenson told analysts.