BBC Studios announced a new content deal with MX Player, marking the inaugural partnership between India’s entertainment super app and BBC Studios. This new deal is set to strengthen MX Player’s content portfolio with award-winning bold, British drama and will be catering to the demands of audiences in India, Sri Lanka, Bangladesh, Nepal, Bhutan, Maldives and Pakistan. The announcement reflects BBC Studios’ commitment to building new partnerships in India and was made as part of BBC Studios’ … [Read more...] about BBC Studios expands reach of premium British drama through new partnership with MX Player
OTT
Viu strengthens its position as one of the top OTT streaming platforms in Greater Southeast Asia after a strong performance
Viu, PCCW’s leading pan-regional OTT video streaming service, announced that the platform saw significant growth in monetization in 2021, adding strong financial performance to its position as one of the top OTT streaming platforms in Greater Southeast Asia (GSEA), the Middle East and South Africa. According to parent company PCCW’s annual financial results announcement, Viu was reported to have an overall increase in revenue of 37% year-on-year (yoy) in 2021 and have consistently delivered … [Read more...] about Viu strengthens its position as one of the top OTT streaming platforms in Greater Southeast Asia after a strong performance
The Trade Desk study finds Southeast Asia moving towards a new model of TV consumption
A third (34 percent) of Southeast Asian viewers are now streaming over-the-top (OTT), according to a new study by The Trade Desk (NASDAQ: TTD). The research also shows that the region welcomed 20 million new OTT viewers in the past year. There are now 200 million users who stream 9.7 billion hours’ worth of OTT content per month, an increase of 22 percent in OTT consumption over the past year. This is further indication that OTT services are meeting consumer demand for professionally-produced TV … [Read more...] about The Trade Desk study finds Southeast Asia moving towards a new model of TV consumption
MetaX OTT Platform partners with WeTV to bring premium Asian on-demand programs to global audiences
MetaX OTT Platform with Open Browser and MetaX Play, which aggregates over 10,000 hours of exciting content, announced a partnership with WeTV, a video streaming platform for the best Asian entertainment backed by Tencent Video, to bring a rich library of top-notch content to global fans. Since 2018, WeTV has launched itself as a leading video streaming service that has gained massive popularity across Asia, providing users with international, local, and original high-quality content in a wide … [Read more...] about MetaX OTT Platform partners with WeTV to bring premium Asian on-demand programs to global audiences
Astro selects Kaltura to power its standalone streaming service offering sooka
Kaltura, the video experience cloud, announced that Astro, Malaysia’s leading content and entertainment company, chose the Kaltura TV Platform to power sooka, its new streaming service targeted at millennials. Leveraging the multiple benefits of Kaltura Cloud TV, sooka went live in June across Malaysia and is hosted on Amazon Web Services (AWS). Astro selected the Kaltura TV Platform for sooka following a competitive Request for Proposals (RFP). Kaltura technology enables Astro to deliver … [Read more...] about Astro selects Kaltura to power its standalone streaming service offering sooka
GlobalData: Australia’s SVOD service revenue to reach US$3.2B in 2026
Subscription video on demand (SVOD) service revenue in Australia is expected to increase at a compounded annual growth rate (CAGR) of 10.3% from US$1.9bn in 2021 to US$3.2bn in 2026, driven by solid growth in SVOD subscriptions and unique SVOD households, and steady rise in average monthly revenue per unique SVOD household, according to GlobalData, a leading data and analytics company. GlobalData’s Australia Subscription Video on Demand (SVOD) Forecast reveals that the SVOD subscriptions in … [Read more...] about GlobalData: Australia’s SVOD service revenue to reach US$3.2B in 2026