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AllDigital Provides General Corporate Update and Announces Promotion of Michael Linos to President

The rapid growth of consumer consumption and adoption of over-the-top ("OTT") video remains a key area of focus for AllDigital. Strategic Analytics forecasts that North America OTT subscription video revenues alone will increase 116% to $8.8 billion between 2013 and 2019. At the same time, sales of devices that support OTT content are also increasing. Strategy Analytics forecast that the segment will increase 54% this year compared to 2013, climbing to more than 35 million units sold. A recent study from Parks Associates found that 20% of U.S. households have a streaming device, up from 14% in 2012.

From the press release "AllDigital Provides General Corporate Update and Announces Promotion of Michael Linos to President."

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