Stealing Streaming

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Statement Analysis, Fraud Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the Washington Post, a pair of Las Vegas computer programmers pleaded guilty last week to operating massive unauthorized streaming services that authorities say rivaled the libraries of Netflix, Amazon Prime and Hulu and cost copyright owners millions. QUESTIONS; 1. How did the two men steal these amounts of money? 2. What was iStreamitAll’s… Read more »

Ad-Tech Companies to chase big OTT dollars

Posted by & filed under Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Income Taxes, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

According to Business Insider, a cottage industry of companies has sprung up to grab a piece of the revenue flowing to over the top (or OTT) advertising. OTT refers to film and television content provided via a high-speed Internet connection rather than a cable or satellite provider. OTT does not mean free, as the term encompasses services… Read more »