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Research Type - Insights Research by Market - Media & AdvertisingBy Attribute
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Online subscription video market in MENA grew at a rate that was six times faster than pay TV in 2017, as political shockwaves reversed pay TV growthApril 23, 2018Political shockwaves have reversed pay TV growth in the Middle East and North Africa (MENA), as pay TV subscriptions fell 21 percent to 4.2 million in 2017.
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PLF screens exceed 3,000 for the first time in 2017April 20, 2018The number of Premium Large Format (PLF) screens rose by 21.3% to hit a new high in 2017 (3,191) eclipsing the 3,000 screen milestone for the first time based on the count for both exhibitor and global-branded screens.Subscribers Only
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Singapore moves closer to analogue switch-off with household incentive schemeApril 18, 2018Singapore's Infocomm Media Development Authority (IMDA) has added further incentives to its Digital TV Assistance Scheme (DTVAS) to assist Singapore's 400,000 Housing Development Board (HDB) homes' transition from analogue to digital television broadcasting. IMDA will provide a digital television starter kit to HDB public housing homes which do not subscribe to a pay TV service as part of the expanded scheme.
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Vodafone enters the Australian streaming marketApril 17, 2018Vodafone has entered the Australian streaming market with the launch of its Vodafone TV device. The Android TV-powered set-top box is the company’s first-ever streaming media device which provides access to popular content and services such as Netflix, Google Play Movies and YouTube. The device also features 4K compatible high definition resolution, Google voice-search functionality, integrated free-to-air TV tuner and Dual-band Wi-Fi receiver. Vodafone TV may be added to an existing contract for A$5 ($3.80) per month over 24 months or purchased outright for A$120 ($91) in-store.
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AMC to open the first commercial cinema in Saudi Arabia in April after an almost 38-year banApril 09, 2018US Cinema exhibitor AMC, owned by Chinese conglomerate Wanda, has been the first operator to announce the opening of a cinema in the Kingdom since the ban on commercial cinemas was lifted in December last year.
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Fox proposes sale of Sky News to DisneyApril 04, 2018The Walt Disney Company could acquire Sky News to enable the full takeover of Sky by 21st Century Fox. Walt Disney Co's acquisition of the UK-based news channel could happen whether or not its own deal to acquire entertainment assets from Fox - including its 39% interest in Sky - goes ahead.
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Sky Italia and Mediaset sign content-sharing agreementApril 04, 2018Sky Italia and Mediaset have reached an agreement which could prove pivotal for the future Italian television landscape. The agreement will become effective from 1 June and it represents the first step of a pacification process between the two main competitors in the Italian pay TV market.
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Dogan Holding to sell all its media properties to Demiroren HoldingMarch 27, 2018Dogan Holding, the largest media group in Turkey, has confirmed that it is in talks to sell all of its media assets, including the Dogan TV channel and pay TV platform D Smart, to Demiroren Holding. Dogan said the value of its shareholdings is $890 million while the enterprise value is $1.1 billion.. In 2011, Demiroren acquired the newspapers Milliyet and Zaman from Dogan. The buyer is active in various business verticals such as distribution and retail sale of LPG, petroleum, mining, construction, real-estate development and metal products.
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China is to set up a cinema network for ‘patriotic’ filmsMarch 23, 2018People’s Cinema Line is a government initiative aimed at creating a nationwide screen network of 5,000 screens which will favour films of a patriotic nature, including those from government departments.
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Epic Games closes MOBA title Paragon, but opens up assetsMarch 21, 2018Epic Games has announced the closure of its MOBA (multiplayer online battle arena) title Paragon, after nurturing it for two years in beta. The company will be releasing the game’s assets, mooted to be worth around $12 million, free to any developer utilising Epic’s Unreal Engine.
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Mobile title Vainglory becomes part of Alibaba's WESG lineupMarch 19, 2018Super Evil Megacorp, the developer of Vainglory, has announced it will partner Alisports, the sports branch of Alibaba Group. Alisports formed the World Electronic Sports Games (WESG) in 2016, revealing ambitions to build itself a global presence in the esports industry. Vainglory will join other titles - namely CS:GO, Dota 2, Hearthstone and StarCraft 2 - to become part of the WESG2018 lineup.
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Monster Hunter World sets sales record for CapcomMarch 15, 2018Capcom’s Monster Hunter World, released for Xbox One and PS4 in January, has become the publisher’s bestselling title yet. It recently announced that the game shipped 7.5 million units (a combination of physically-distributed and digitally-sold copies), with the planned PC conversion yet to hit the market.
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Tencent invests in Douyu and Huya to dominate Chinese esports streaming sectorMarch 11, 2018Huya announced it raised $461.6million in its latest series B funding round which was led by Tencent on Mar 9. And its major rival Douyu received investment of $632million from Tencent as well. The two streaming platforms hold leading positions in the Chinese eSports streaming markets.
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Australia pay TV market update Q4 2017March 09, 2018IHS Markit has updated its Australian pay TV data in light of the latest guidance on the performance of market leader Foxtel provided by major shareholder News Corp Australia. Pay TV providers continue to show resilience but growth has plateaued, a sentiment echoed in the Q4 2017 filings by News Corp, which indicate a downward revision in its future outlook for the business. As such, IHS Markit has adjusted its forecasts on the Australian pay TV market accordingly, which now illustrate contrasting fortunes for the two main players – Foxtel’s subscriber base is going down, while Fetch TV’s is on the up.
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Discovery completes merger with Scripps to create new factual channel giantMarch 07, 2018Discovery Communications has completed its acquisition of Scripps Networks Interactive, creating a new factual channel programmer with worldwide reach and combined 2017 revenues of $9.8 billion. The two US-based groups made their merger agreement public in July 2017.
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Games console market 2017: Nintendo drives market to 18 per cent growthMarch 07, 2018Analysis and performance data for the 2017 games console market. While Sony remains dominant, Nintendo's Switch launch drove the market to its best performance since 2011.
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Sky Deutschland launches Sky Show subscription service in SwitzerlandMarch 07, 2018Pay TV operator Sky Deutschland has launched Sky Show, a new subscription video service in Switzerland. The service offers Sky’s extensive library of TV and movies, including first run TV titles such as Game of Thrones, as well Sky’s original productions.
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Video-streaming platform turned mobile-gaming operator Bilibili sets sights on $400million IPOMarch 06, 2018According to a prospectus filed on 2 March, the online entertainment platform covering video, live broadcasting and mobile games plans to list on the New York Stock Exchange. Bilibili business was initially centered on the Anime, Comic and Games (ACG) industry and has developed into a comprehensive content platform.
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Chinese streaming platform iQiyi looks to raise $1.5 billion from IPO in the USMarch 05, 2018Chinese streaming service iQiyi last week filed a registration statement setting out plans to raise $1.5 billion from an IPO in the US. The company, funded by both advertising and subscription, was launched by main owner Baidu in 2010.
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Swiss vote to maintain public broadcastingMarch 05, 2018Swiss citizens have voted overwhelmingly to continue funding public broadcaster SRG SSR though receiver fees payable by any household with a radio, TV set or other device able to receive TV. Some 71% of the vote in yesterday's so-called ‘No Billag’ referendum went against abolishing radio and TV licence fees (Billag is the name of the Swisscom subsidiary that collects the obligatory fee).
