The Best OTT Platforms: Which One is Right For Your Content?
December 29, 2024

The Best OTT Platforms: Which One is Right For Your Content?

19 min read

In today’s digital age, a radical change has occurred in how audiences consume entertainment content, with the best OTT platforms at the top of everyone’s list. The industry, fuelled by over-the-top video technology, is projected to reach a staggering $247 billion by 2027.

With video streaming becoming all the rage among the tech-savvy audiences of today, businesses too are seizing this opportunity to bring their video content to viewers via the internet.

But with the multitudes of OTT service providers out there, it can be a tad bit tricky to pick the best OTT streaming platform for your content distribution needs that effectively serves your target audience.

In this article, we discuss what OTT is all about and explore the best OTT platforms, their features, and benefits to help you select the perfect OTT channel for your video streaming services.

Key Takeaways

  • From on-demand content to live streaming, the best OTT platforms cater to diverse audience preferences and business models.
  • Some of the most popular OTT platforms in the world include Netflix, Hulu, and Amazon Prime. The best OTT platforms for niche content include Crunchyroll, Vimeo, and Dacast.
  • Subscription-based, ad-supported, transactional, and hybrid models provide flexibility for content creators and businesses to generate and maximize revenue.
  • Key features like CDN integration, multi-device compatibility, and real-time analytics ensure seamless streaming experiences.
  • Choosing an OTT platform like inoRain that supports your brand vision, scalability, and content goals is key to thriving in the competitive streaming market.

What is an OTT Platform?

An OTT platform is a website or app that allows users to stream content on demand. But what does OTT stand for? OTT stands for “over-the-top,” referring to how these platforms bypass traditional distribution methods, enabling broadcasters to reach audiences directly via the internet.

OTT platforms have surged in popularity, offering a wide range of content like movies, TV shows, live streams, podcasts, and music. By delivering content directly to smart TVs, computers, smartphones, and other internet-enabled devices, OTT platforms allow content creators to bypass traditional regulations and deliver personalized, on-demand experiences.

As the demand for flexible and tailored content grows, media companies increasingly rely on popular OTT platforms to host and distribute their programming through streaming apps and services.

Types of OTT and IPTV Services

OTT and IPTV (Internet Protocol Television) are two methods of delivering content over the internet, each with distinct approaches and applications.

OTT content is delivered over the internet without relying on traditional cable or satellite providers. OTT offers flexibility, global accessibility, and a focus on on-demand content.

IPTV content is streamed over a private, dedicated network using Internet Protocol. IPTV services are typically tied to a specific service provider. IPTV is more structured and often integrated into broadband packages. Here are the primary types of OTT and IPTV services that the best OTT platforms typically offer:

Live TV

Live streaming technology makes it possible for viewers to enjoy live television feeds for a variety of content types like news, sports, and other performances. A live streaming OTT platform serves as a digital version of traditional broadcast TV that offers the advantage of a more immediate user experience and a wider audience reach.

Video on Demand (VOD)

VOD allows viewers to browse and select content like movies, TV shows, and original programs at their convenience. It’s the go-to choice for audiences seeking control over what they watch and when.

Time-Shifted IPTV and OTT Services

These services cater to audiences who want to break from the rigid schedules of their favorite television broadcasts. The highlight of time-shifted IPTV services and near video on demand (NVOD) content is the flexibility they give viewers to stream past programs or missed episodes for a specific period after the original broadcast.

Types of OTT Monetization Options

The most popular OTT platforms in the world all use various OTT monetization strategies to maximize revenue and cater to audience preferences. Here’s a quick overview:

Businesses and content creators can also generate revenue from brand partnerships, product placements, or sponsored videos.

8 Criteria for Selecting the Best OTT Platform

8 Criteria for Selecting the Best OTT Platform Choosing the right OTT platform is critical for enterprises and content creators aiming to distribute, monetize, and scale their content effectively. So, which is the best OTT platform for your content? Here are eight key factors to consider:

1. Budget and Pricing

Even the best OTT video platform providers vary in cost, so it’s important to choose one with consistent payment terms and low bandwidth expenses. Look for OTT platforms with transparent revenue-sharing models and minimum payment guarantees to keep costs predictable and ensure maximum returns.

2. Monetization Options

Looking to generate an income from your content? If so, an OTT platform with multiple monetization options, such as subscriptions, pay-per-view, and ad-based revenue, is essential. Features like subscription management, promotional tools, and flexible renewal or cancellation options ensure your monetization strategy aligns with audience preferences and revenue goals.

3. Customization and Branding

The ability to customize your OTT platform with an on-brand interface ensures your branding is front and center. Tailoring user experiences, such as personalized recommendations and layouts, adds value and strengthens audience engagement.

4. Analytics and Reporting

Access to real-time OTT analytics is key for tracking user behavior, engagement metrics, and revenue performance. The best OTT streaming platforms come with detailed reporting tools so you can refine your content strategies and optimize your monetization efforts based on actionable insights.

5. Scalability and Flexibility

Your OTT platform should grow with your audience. Look for one that scales easily to handle increased traffic and integrates new features or third-party tools without sacrificing performance. Flexibility to expand into additional regions is also a major plus.

6. Multi-Device and Cross-Platform Compatibility

Ensuring a seamless viewing experience across devices—smart TVs, mobile devices, web browsers, and more—is critical. The best OTT platforms support a wide range of operating systems and OTT devices that help retain and engage viewers by delivering consistent performance everywhere.

7. Security and Rights Management

Protecting your content from unauthorized access or piracy is essential. Top-rated OTT platforms offer advanced DRM, encryption, and compliance with copyright regulations to safeguard your intellectual property and ensure secure video streaming.

8. Customer Support

Reliable customer support is a must for resolving technical issues quickly and ensuring smooth operations. Look for platforms with 24/7 support and dedicated experts to meet enterprise-level needs.

By focusing on these factors, you can select the best OTT video platform that supports your current business needs and provides the tools and scalability to drive your future growth.

Top OTT Platforms for Content Streaming

OTT platforms have completely changed how we consume content, providing instant access to movies, shows, live events, and more across devices. With their convenience, variety, and flexibility, these platforms have become essential for entertainment and business alike. Here are some of the most popular OTT platforms in the world:

Hulu

best ott platforms Hulu stands out as one of the most versatile OTT platforms, offering a rich mix of on-demand content and live TV options. Catering to a wide range of audiences, Hulu’s platform combines an extensive library of shows and movies with the convenience of live TV. With competitive pricing and bundled packages, Hulu is a strong contender for users looking to customize their streaming experience.

Key Features

  • Extensive Content Library: Includes TV shows, movies, and originals, with a minimal delay (usually one day) between network TV broadcasts and uploads.
  • Unlimited Screens Add-On: Removes screen restrictions on devices connected to your home network, ensuring flexibility for multiple viewers.
  • Optional Add-Ons: Hulu offers other exciting add-ons like Paramount+ with SHOWTIME and CINEMAX® at an additional cost.

Hulu Pricing

Hulu offers a variety of plans to suit different viewing preferences, ranging from affordable on-demand options starting at $9.99 per month to comprehensive live TV bundles with additional streaming services costing up to $95.99 per month. Other plans include:

  • $10.99/month: Hulu and Disney+ (with ads).
  • $16.99/month: Hulu, Disney+, and ESPN+ (with ads).
  • $18.99/month: Hulu (ad-free).
  • $82.99/month: Hulu, Live TV, Disney+, and ESPN+ (with ads).

Pros

  • Offers bundled packages with Disney+ and ESPN+, providing significant savings.
  • Includes over 95 live TV channels and unlimited cloud DVR storage for up to nine months.
  • Users can gain access to more content and features with optional add-ons.

Cons

  • Simultaneous streams are limited to two devices, unless you purchase the Unlimited Screens add-on.
  • Some popular channels are missing from the live TV lineup.
  • Ads remain on live TV, even with the ad-free on-demand plan.

Netflix

best ott platforms Starting as an online DVD rental service, Netflix has evolved into one of the world’s best OTT platforms, boasting a library of over 15,000 titles. Its blend of original programming, global reach, and multi-device support has made it a leader in the OTT space.

Key Features

  • Diverse Content: Unlike Apple TV, Netflix offers a mix of original programming and licensed content from other production companies.
  • Mobile Games: Subscribers gain access to mobile game publishing as part of their membership.
  • Global Access: Netflix supports streaming across TVs, game consoles, streaming media players, set-top boxes, smartphones, and tablets, ensuring nearly worldwide coverage.

Netflix Pricing

Netflix has discontinued its basic plan for new and returning U.S. members. That said, existing subscribers can retain it until they switch plans or cancel their subscription. Other pricing options include:

  • $6.99/month: Standard ad-supported streaming on two devices simultaneously in 1080p.
  • $15.49/month: Standard ad-free streaming on two devices in 1080p (Full HD) with the ability to download content on two devices.
  • $22.99/month: Premium ad-free streaming on up to four devices in 4K Ultra HD with HDR and Dolby Atmos support. Includes downloading on up to six devices.

Pros

  • Content can be downloaded for offline viewing, ideal for travel or low-internet areas.
  • Netflix offers personalized recommendations and access to region-specific content to cater to various audiences.
  • Users outside the home can use the same Netflix account at an additional cost.

Cons

  • No live-streaming options, limiting its appeal for live events or sports fans.
  • Licensing agreements result in periodic removal of some content from the library.
  • The basic ad-supported plan doesn’t allow downloads.

Apple TV

best ott platforms A product of the iconic iPhone brand, Apple TV delivers exclusive, high-ranking content through a sleek interface tailored for Apple enthusiasts. As one of the most popular OTT platforms around, its accessible on Apple devices, consoles, smart TVs, and via its website.

Key Features

  • Exclusive Content: Features top-tier originals and exclusives available only on Apple TV+.
  • Multi-Device Support: Compatible with Apple devices, smart TVs, gaming consoles, and web browsers.
  • User-Friendly Features: Offers multi-language support, offline downloads, and up to six simultaneous streams for family viewing.

Apple TV Pricing

Apple TV+ offers a simple and flexible pricing model:

  • $9.99/month: Includes a 7-day free trial for new subscribers.
  • $19.95/month: Individual Plan, offering access to Apple TV+ as part of the Apple One subscription, which bundles it with other Apple services like iCloud, Music, and Arcade.
  • $25.95/month: Family Plan, offering the same services as the Individual Plan with 200GB of iCloud storage.
  • $37.95/month: Premier Plan, encompassing all services in the Family Plan plus Apple News+ and Apple Fitness+, with 2TB of iCloud storage.

Pros

  • Offline downloads make it easy to enjoy content during travel or in areas with limited connectivity.
  • Supports up to six simultaneous streams, making it ideal for families or shared accounts.
  • Integrates seamlessly with other Apple services, creating a unified ecosystem for subscribers.

Cons

  • Not available for Android users, limiting its reach to non-Apple device owners.
  • Releases episodes weekly instead of full seasons, which may frustrate binge-watchers.
  • Compared to competitors like Netflix or Amazon Prime Video, Apple TV+ offers a smaller selection of titles.

Amazon Prime Video

best ott platforms Amazon Prime Video, a cornerstone of Amazon’s services, offers a vast library of content through a subscription-based model, with additional options for renting or purchasing individual titles. Known for its flexibility and extensive catalog, it’s one of the best OTT platforms worldwide

Key Features

  • Diverse Content: Includes movies, TV shows, and Amazon Originals, with options for renting and purchasing.
  • Unique Live Programming: Offers access to live events, including sports and exclusive premieres.
  • Bundled with Amazon Prime: A subscription includes free shipping, music streaming, and other Amazon Prime perks.

Amazon Prime Video Pricing

Amazon Prime Video is included as part of an Amazon Prime membership, but standalone options are also available. Some movies and shows require separate purchases or rentals, though.

  • $8.99/month: Prime Video standalone subscription.
  • $14.99/month: Full Amazon Prime membership, including Prime Video and other benefits like free shipping and Prime Music.

Pros

  • Combines on-demand streaming with the flexibility to purchase or rent specific titles, including new releases.
  • Includes exclusive Amazon Originals and access to live programming, such as sports events.
  • Offers multi-device compatibility, ensuring seamless streaming across TVs, smartphones, tablets, and more.

Cons

  • Some content requires additional purchases or rentals, which may frustrate users expecting everything to be included in the subscription.
  • The user interface can be cluttered and less intuitive compared to competitors.
  • Availability of content varies significantly by region, with some titles restricted due to licensing.

Niche OTT platforms for Specialized Content

The appeal of OTT platforms lies in their ability to go beyond mainstream offerings by catering to the varied entertainment needs of distinct audience types. Here’s an OTT platform list for specialized content:

1. Vimeo OTT

As arguably the best OTT streaming platform for newbies, Vimeo OTT provides a flexible video streaming service for content creators and businesses aiming for growth with minimal risk.

Key Features

  • Monetization options include subscriptions, transactions, and ads.
  • Customizable websites and apps for branding purposes.
  • Centralized dashboard with analytics for tracking subscriber growth and churn.

Vimeo OTT Pricing

Vimeo offers a versatile range of pricing options, with OTT pricing starting at $1 per subscriber per month plus 10% of once-off purchases. Although enterprise pricing isn’t readily available, Vimeo’s other plans include:

  • Free Plan: Includes 1 seat and 1GB storage. Offers video creation, editing, screen recording, and sharing tools.
  • $20/month: Starter Plan, which includes 1+ seats and 100GB storage, privacy controls, and review tools.
  • $41/month: Standard Plan, which includes 2+ seats, 1TB storage, a brand kit, teleprompter, and social analytics.
  • $108/month: Advanced Plan, which includes 2+ seats, 5TB storage, live broadcasts, and audience engagement tools.

Pros

  • Affordable entry-level pricing makes it accessible for new creators.
  • Analytics tools provide insights into customer behavior and performance metrics.

Cons

  • High-tier plans may be cost-prohibitive for smaller creators or businesses.
  • Requires technical knowledge to fully utilize advanced features like live events and webinars.

2. Crunchyroll

This specialized OTT platform boasts the world’s largest collection of anime, manga, and Asian media content. As one of the best OTT platforms in its niche, Crunchyroll caters to a passionate fanbase with its extensive library.

Key Features

  • Offers original, subtitled, and dubbed anime and manga content.
  • Community-focused with forums, social groups, and live events.
  • Regular updates to keep fans informed about new anime releases.

Crunchyroll Pricing

All of Crunchyroll’s pricing tiers come with benefits like discounts, early access to exclusive content, and offline viewing.

  • $7.99/month: Basic Fan Plan.
  • $11.99/month: Ad-free Mega Fan Plan.
  • $15.95/month: Ultimate Fan Plan with Mega Fan features and free Crunchyroll Store shipping.

Pros

  • Largest anime and manga library in the world.
  • Engages fans through interactive community features.

Cons

  • Limited variety outside of anime and Asian media content.
  • Ads are included in the basic plan, which may deter some users.

3. Dacast

Dacast is a professional-grade OTT service provider for broadcasters in the entertainment, sports, and media sectors, offering live and on-demand streaming.

Key Features

  • Supports both live streaming and VOD (Video on Demand).
  • Flexible monetization options, including SVOD, AVOD, and TVOD.
  • Advanced analytics for tracking viewer engagement and monetization performance.

Dacast Pricing

  • $39/month: Starter Plan (1.2 TB bandwidth, 50 GB storage).
  • $63/month: Event Plan (6 TB bandwidth, 50 GB storage).
  • Custom Pricing: Scale Plan for large-scale broadcasters.

Pros

  • Offers extensive customization for branding and user experience.
  • Advanced analytics and security tools ensure professional-grade performance.

Cons

  • High costs may not suit creators with limited budgets.
  • Requires technical expertise for effective implementation.

Key Features of the Best OTT Platforms

The best OTT platforms are connected to a global network of servers or Content Delivery Networks (CDNs) to ensure that users can access content from the nearest possible location for minimal buffering and optimal performance. The most popular OTT platforms also offer advanced capabilities for both viewers and content creators.

Top-tier OTT platforms typically:

  • Provide a high level of customer support along with regular updates and maintenance for maximum satisfaction and reliability.
  • Offer integration capabilities with existing systems and third-party tools like CMS, CRM, and advertising networks for extended functionality and higher efficiency.
  • Allow multi-device streaming options and operating systems.
  • Offer a user-friendly, intuitive platform for easy navigation and seamless playback experience across devices.
  • Provide comprehensive features to host, upload, and manage video content, along with additional features like bulk uploading, metadata management, and customizable playlists.

How inoRain Supports OTT Platform Success

How inoRain Supports OTT Platform Success Looking for the best white-label OTT platform? InoRain is geared to support your content delivery goals most effectively and efficiently, whether you're a content producer, IPTV service provider, or enterprise. Forget generic functions as we offer customized and scalable solutions to accentuate your brand vision and cater to a broad spectrum of content consumption demands with:

  • Comprehensive Monetization Options: inoRain supports multiple revenue models, including SVOD, AVOD, TVOD, and FAST channels, giving you the flexibility to maximize income through subscriptions, ads, or pay-per-view pricing.
  • Custom Branded Applications: With our no-code solutions, inoRain’s experts can swiftly design the best OTT streaming platform for your brand. Whether you want an OTT app for smart TVs, STBs, or mobile devices, we ensure a seamless and professional brand presence across all platforms.
  • Robust Security and Analytics: Multi-DRM protection safeguards your content from piracy, while advanced analytics provide actionable insights to optimize viewer engagement and refine monetization strategies.
  • Seamless Content Management: Tools like VOD and live streaming integration, transcoding management, and real-time analytics simplify operations and enhance audience experiences.
  • 24/7 Expert Support: inoRain ensures uninterrupted service with round-the-clock assistance from dedicated experts, ready to address any technical issues or queries to keep your OTT platform running smoothly.

Whether you’re looking for the best OTT platform in India, Greece, Canada, the US, or another country, inoRain is here to help you succeed in the competitive OTT market.

Conclusion

The OTT industry is evolving at lightning speed, and standing out means delivering unforgettable experiences that captivate audiences and drive revenue. The best OTT platforms empower creators and businesses to deliver seamless, engaging, and monetized content experiences.

From tailored monetization options like SVOD, AVOD, and TVOD to secure hosting, multi-device compatibility, and advanced analytics, choosing the right platform can transform your business.

With features like custom-branded apps, global content delivery, and 24/7 expert support, inoRain stands out as a top-tier white-label OTT solution in this competitive market.

Ready to partner with us and create one of the best OTT platforms? Sign up for your free demo account or talk to our experts and discover how inoRain can help you unlock your full potential.

FAQs

What is an OTT platform and why is it popular?

An OTT platform is a digital method for delivering media content, bypassing traditional cable or satellite TV. The best OTT services allow audiences to stream a vast range of on-demand and live content anytime, offering unmatched flexibility, personalization, and control.

Can OTT platforms support live streaming?

Yes. Several OTT platforms like YouTube, Hulu, and Amazon Prime Video offer integrated live streaming options to broadcast events, such as sports, webinars, concerts, or news in real time. The best OTT platforms include features such as real-time analytics, chats, and adaptive streaming to ensure high performance tailored for multiple devices and internet speeds.

How do OTT platforms provide personalized content recommendations?

The best OTT platforms utilize modern digital technologies like algorithms based on machine learning that analyze user data like viewing history, preferences, and session durations to curate content recommendations according to individual preferences.

What are the common monetization models for OTT platforms?

Common monetization options available on OTT platforms include the subscription-based model, which relies on recurring user fees. Meanwhile, ad-supported models generate revenue through ads shown during streaming. Top OTT platforms like Hulu combine subscriptions and ad-supported content in a hybrid model. Others, like iTunes and Vimeo, work with a transactional model where users pay per view or for access to live streaming events.

Which OTT platform is the best?

Ultimately, the best OTT platform depends on your goals and audience. Look for one that offers a mix of on-demand and live content, reliable performance, diverse monetization options, and audience engagement tools to ensure your success. Platforms like inoRain provide scalable and customizable solutions to help you thrive in the competitive streaming market.

Blog author avatar

Co-founder / CTO

Armen Hakobyan is the Co-founder and CTO of inoRain. With extensive experience in digital streaming technology, he contributes insightful articles on AVOD, SVOD, and OTT strategies. Armen also consults with clients to increase their income. His expertise helps shape inoRain's end-to-end solutions for diverse digital content providers.

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