Hong Kong – The Asia Pacific Pay-TV industry has grown 12 per cent in the past 12 months in terms of connected homes and an increase in dual subscription homes, according to Casbaa’s fourth quarter update on trends in multichannel TV distribution, audience data and viewership. Simon Twiston Davies, CEO, Casbaa, said this data is impressive and can only continue to grow further via new modes of distribution such as broadband, mobile, internet and wireless services. With more than 420 million non-terrestrial TV connections across the Asia Pacific – multichannel TV is now found in an estimated 53 per cent of TV homes in Asia, according to SNL Kagan. At present, there are more multichannel TV connections in the region than the rest of the world combined. Despite this, Davies emphasized that piracy in Asia remains a heavy concern, with signal theft estimated at over US$2.1 billion by the end of 2011.