2008-04-06 13:46:34 - As new research predicts "explosive growth" in streaming media Buzz Technologies Inc (OTC:BZTG) is set to launch an upgrade to its already popular free internet TV service, The new service and new TV staff will make a strong challenge to China Digital (NYSE:STV) in China as more and more people turn to their PC as a TV.

2008 Beijing Olympics will be featured on over 500 channels, in more than 100 languages, broadcast on Buzz TV. Viewers can download Buzz TV at www.12buzz.com. Buzz is also in negotiation for the take over of a Pay Per View Company and through the strategic alliance with Archer (PINKS:AEMC) is in close contact with the state owned China Film Group.


In

many countries Buzz TV will be the only free way to watch the Olympics live in your choice of languages.


Buzz Sat TV - Featuring Bloomberg, BBC News, CNN International, ESPN, Fashion TV, NASA and YouTube! is a strong challenger in China and the rest of Asia to relatively expensive Cable Services.


Streaming video and music will bring in $70 billion in revenue over the next six years according to a new study from Insight Research," Streaming Media, IPTV, and Broadband Transport: Telecommunications Carriers and Entertainment Services 2008-2013." This covers revenues generated from digital audio and video files over the Internet, an IPTV network and mobile devices. The files can be streamed on-de3mand or in real time, but cannot be stored locally.


Revenues will grow at a compound annual growth rate of 29 percent over the next five years. On-demand audio and video content along with their advertising revenue will drive this growth. "The outlook for streaming media has never been brighter. Questions surrounding consumers' willingness to pay for content have been dispelled by the popularity of satellite radio and iTunes," says Robert Rosenberg, Insight Research president.


"The forecasts that we present are conservative, and in-line with current performance. If, however, per-stream costs drop faster than anticipated, we have quicker acceptance of IPTV, or improvements in 3G delivery take place faster than expected, it could blow the doors off of our forecasts, propelling this industry into explosive growth," Rosenberg added.

For further enquires contact beth@12buzz.com