Hitbox Weighs Down on The Competition With 4K Resolution Streaming for Games


Amazon.com, Inc. (NASDAQ:AMZN) and Google Inc (NASDAQ:GOOGL) have been dominating the field when it comes to high definition live streaming for video games. Hitbox has a new 4K streaming service that might crush the competition.

Hitbox’s Chief Executive, Martin Klimscha announced that his company is introducing a new video game live streaming service that features 4K resolution at 60 frames per second. The service will be launched before the end of the year. Mr. Klimscha is confident that his service will steal the show because the rivals are so far limited to 1080p and lower speeds in most cases. Hitbox therefore has the advantage when it comes to quality.

During an interview during the E3 conference, Mr. Klimscha said that his company decided to design their service to fulfill the needs of the gamer. It is also a move that is designed to boost the number of users. Currently, Hitbox has about 6 million users while rival company Twitch has 100 million subscribers. The move will most likely pay off, keeping in mind that avid gamers go for the highest video quality that they can achieve.

It is also a good time to bring such a service on board because 4K TVs are now available and at affordable prices. Additionally, the new generation consoles offer amazing video rendering quality. The PC world also has top of the range graphics cards that are capable of high-quality gaming. Slapping 4K on board will thus attract many gamers and Hitbox is willing to bet on that.

Hitbox has already tested the streaming capabilities with some of the new graphics cards in the market, and the results are satisfactory. However, there are some limitations. Streaming at 60FSP especially at 4K will take up too much bandwidth. This will pose problems for many gamers especially if their speeds cannot clock that capacity.

Most internet providers are advancing their services to offer more speeds at bigger bandwidths due to the increasing demand. Additionally, advances in technology are expected to make things easier in the future.

This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Financials Trend is not-a-registered-investment-advisor. Financials Trend is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. Financials Trend accepts no liability for any losses arising from an investor's reliance on the use of this material. Financials Trend sometimes gets compensated up to one hundred and fifty thousand dollars per month for featuring particular stocks. See site disclaimer for complete compensation. Financials Trend and its affiliates or officers currently hold no shares of these stocks. Financials Trend and its affiliates or officers will purchase and sell shares of common stock of these stocks, in the open market at any time without notice. Financials Trend will not update its purchases and sales of these stocks in any future postings on Financials Trend's websites. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *Financials Trend does not set price targets on securities. Never invest into a stock discussed on this web site or in this email alert unless you can afford to lose your entire investment.