37 Million APPLE TV 'potential' UF customers.
ednesday
37 Million APPLE TV 'potential' UF customers.
ednesday April 20, 2016 - San Jose, CA - NanoTech Entertainment Inc. (OTCPINK: NTEK) today announced
that its award winning UltraFlix streaming network is now available on the Apple TV set top box.
Since its launch in 2007, Apple has sold over 37 million units of its Apple TV set top box. Ultra Flix, best known for
offering the largest library of 4K Ultra HD movies available anywhere, is now available on the Apple TV. "By
starting with a higher quality source, Apple TV customers can now see the best version of movies available from
any network with the UltraFlix app," stated Philip Foley, Vice President of Development and Media. "Our 4K
Studios team uses our proprietary remastering and encoding tools to deliver the best quality version of movies,
whether in 4K or in HD, as seen on the Apple TV platform."
A study conducted by researcher NPD found that Apple TV's counts for 15 million hours of streamed content per
month. Dedicated streaming media set top boxes and dongles accounted for 19% of the overall connected TV device
market in 2015. Strategy Analytics analyst Chirag Upadhyay said "Our research shows that U.S. broadband homes
own an average of 2.3 such devices giving them multiple means by which to stream video and audio content to the
TV." Consumers continue to cut the cord as they watch more Internet Streaming TV getting their content from
services like UltraFlix instead of conventional TV from Cable or Satellite.
Users can load the UltraFlix app for their Apple TV from the Apple store. The app is free to install. UltraFlix
features free content, rentals and programs for purchase.
Nanotech Entertainment Inc. (NTEK) Stock Research Links
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