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Iflix secures a new round of funding ahead of a prospective IPOJuly 26, 2019Malaysia-based online video streaming service iflix has announced that it has secured a new round of funding ahead of a prospective IPO. The company estimated that the total funding will amount to more than $50 million, although an exact amount has not been disclosed. The funding round was led by Fidelity International, while new investors are MNC, Yoshimoto Kogyo and JTBC, together with founder Catcha Group, and strategic shareholders Hearst, Sky and EMC. Iflix is currently available in 12 countries in Asia – Malaysia, Indonesia, Philippines, Thailand, Brunei, Sri Lanka, Pakistan, Myanmar, Vietnam, Cambodia, Nepal and Bangladesh.
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Pay TV & Online Video Report - Asia Pacific - 2019June 18, 2019The 2019 Asia Pacific Pay TV & Online Video Report provides in-depth insight into the pay TV and online subscription video markets of the Asia Pacific region. It includes comprehensive market-sizing data and detailed analysis of the key trends shaping the industry ... .Subscribers Only
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Korean broadcasters join forces with SK Telecom to step up original content productionJanuary 28, 2019Korean telco SK Telecom has signed a memorandum of understanding with the country's three leading broadcasters to integrate their online video platforms, Oksusu and POOQ. Broadcasters Korean Broadcasting System (KBS), Seoul Broadcasting System (SBS) and Munhwa Broadcasting Corporation (MBC) operate POOQ through a joint venture called Content Alliance Platform. The new service will aim to create more local original content to fend off growing competition. According to reports, SK Telecom CEO Park Jung-Ho was seeking an initial investment of $180 million to produce original content; in comparison, Oksusu spent just $10 million on content last year. The company also aims to expand the new online video platform to Southeast Asia later in the year.
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KDDI and Rakuten to collaborate in Telecommunication, Payment and LogisticNovember 27, 2018KDDI and Rakuten have announced an agreement to utilize each other’s assets in telecommunication, payment and logistics to improve customer experience and further strengthen their competitiveness in these fields. The deal will allow Rakuten to use KDDI’s network to enter the mobile market, while KDDI can make use of Rakuten’s payment and logistics infrastructure.Subscribers Only
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Asia Pacific Pay TV and Online Video 2017August 09, 2018Asia Pacific Pay TV & Online Video 2017 analyses the 2017 results of major pay TV operators and online video providers in the Asia Pacific, including subscriptions, TV household penetration, quarterly net additions and key financials. In addition, several country profiles analyse the position of pay TV operators and online video providers against key competitors.Subscribers Only
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Amazon Channels launch in JapanAugust 03, 2018Amazon Japan started offering Amazon Channels with 20 channels available for its Prime Video users to subscribe on 14th June 2018. The Genre of channels range from movies, TV programs and sports to music, news, documentaries and hobby/culture.
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HBO licenses content to Amazon Prime Video in JapanFebruary 05, 2018HBO signed a content deal with Amazon in January 2018 to license 50 HBO series on Amazon Prime Video in Japan. Existing Prime subscribers will be able to watch HBO shows, including Game of Thrones, Silicon Valley, The Sopranos and The Wire, without having to pay an additional fee. HBO content will be available on Amazon Prime Video in Japan starting April 1, 2018. Details on the duration of the deal are undisclosed.
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Asia TV Forum 2016: key takeawaysDecember 16, 2016The Asia TV Forum (ATF) is an international market for companies involved in financing, co-production and distribution of TV content across all platforms. Held in Singapore from 6-9 December 2016, it attracted more than 5,000 attendees this year. The event brought together content creators, brands and media platforms to discuss the latest developments in the Asian TV landscape.Subscribers Only
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Amazon invests in original content for its Japanese Prime Video serviceJuly 06, 2016Amazon has unveiled its plan to add original content exclusively on its Prime Video service in Japan. There will be 12 new original programmes, including kids’ content, comedy and documentaries, available for Amazon Prime Video subscribers in JapanSubscribers Only
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Competition intensifies in Japan’s already crowded online video marketMay 25, 2016Japan's paid-for digital video market, which includes both subscription (SVoD) and transactional (TVoD) business models, grew by 49% in 2015, generating consumer level revenues of JPY 50.6 billion (USD 418 million). The growth is being driven by new international and local digital video service launches and by positive developments in the underlying economy.Subscribers Only
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China’s enforcement of its latest content regulations shakes foreign media companiesApril 27, 2016China has started implementing its latest content regulations, and big foreign companies are feeling the impact. DisneyLife, the on demand streaming service by Walt Disney and Chinese e-commerce giant Alibaba has gone offline not long after the suspension of Apple's iTunes Movies and iBooks stores in China. Both services had their services operated for less than a year in China, and become unavailable since April 2016.Subscribers Only
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Disney partners with Alibaba to launch DisneyLife in ChinaDecember 17, 2015The Walt Disney Company and the Alibaba Group have announced a multi-year licence agreement to launch DisneyLife, a new on-demand streaming service, in China. China will the second market for DisneyLife, after its exclusive launch in the UK in late November.Subscribers Only
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Alibaba gets serious about online video with Youku Tudou acquisitionNovember 10, 2015Chinese e-commerce giant, Alibaba has announced the acquisition Youku Tudou for $4.2 billion in a cash transaction. The acquisition is in both sides’ interest from both a financial and strategic perspective.Subscribers Only
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Netflix partners with SoftBank prior to its launch in JapanAugust 27, 2015The US internet streaming service, Netflix has entered into the partnership with SoftBank, mobile operator in Japan one week prior to its launch in the country.
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LINE targets emerging markets with stripped down LINE Lite appJuly 27, 2015Messaging app and mobile content and services platform LINE introduced LINE Lite, a new Android app, less than 1MB in size to target low-end smartphone users in emerging markets.
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Bonobo – Rights holders to launch new TVoD service in Japan during Q4 2015July 04, 2015Newly formed industry consortium Japan Contents Group (JCG), plans to launch Bonobo, a Transactional Video on Demand (TVoD) service in Q4 2015. Rights holders will control the selection and pricing of titles available on the service.Subscribers Only
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Singtel eyes first mover advantage with launch of SVoD service in IndiaMay 29, 2015HOOQ, the online video platform backed by Singaporean telco giant Singtel, Warner Brothers and Sony Pictures, has launched its service in India. The subscription video-on-demand (SVoD) service features 5,000 Hollywood movie and series titles and over 10,000 local ones. priced at 199 rupees ($3.20) a month, HOOQ will allow subscribers to stream content on up to five devices including PCs, smartphones and tablets.Subscribers Only
