Netflix is clearly losing dominance in the subscription video on demand (SVoD) market, according to GlobalData. The leading data and analytics company notes that the streaming company’s market share in the US was 25%, and this will fall to 16% by 2026. Charlotte Newton, Thematic Analyst at GlobalData, comments, “It is clear that we are now post-peak stream as life goes back to normal. Streaming services are either throwing money at the problem, chasing a dwindling number of subscribers, or … [Read more...] about Netflix falls short of expectation as market approaches post-peak stream, says GlobalData
OTT
AVIA OTT Summit ends with optimism for growth in Asia and a strong focus on content and the consumer
The Asia Video Industry Association (AVIA) hosted over 850 delegates and featured over 80 industry leaders at the recent OTT Summit, with conversations revolving a lot on the subject of growth, from subscriber and revenue growth to increased local content investment and an intense focus on the customer. In discussing the outlook for the video industry in Asia, Vivek Couto, Executive Director and Co-Founder of Media Partners Asia (MPA) indicated there remained a lot of room for growth. With … [Read more...] about AVIA OTT Summit ends with optimism for growth in Asia and a strong focus on content and the consumer
Media Partners Asia report says Viu is top premium VOD service in Greater Southeast Asia
Viu, PCCW’s leading pan-regional OTT video streaming service, announced that the platform was the number 1 premium video on demand platform in terms of the number of Monthly Average Users (MAUs) in Greater Southeast Asia, following the latest Media Partners Asia (MPA) AMPD Research report for Q4 2021, released on March 28. The report revealed that Viu’s MAUs is once again ahead of other major streaming platforms in Greater Southeast Asia and continued to be the highest for all quarters of 2021. … [Read more...] about Media Partners Asia report says Viu is top premium VOD service in Greater Southeast Asia
Paramount Global: Forging ahead into the future of streaming
Paramount Global, the company formerly known as ViacomCBS, is forging ahead in the future of streaming. During its investor event in February where the company announced its name change, Paramount announced its continued global expansion this year, and in 2023, the company is eyeing to target key markets in Asia, Africa, and the Middle East. On the heels of the company’s big announcement, Catherine Park, Senior Vice President, Head of Office & Streaming for Asia at Paramount Global … [Read more...] about Paramount Global: Forging ahead into the future of streaming
OTT Summit 2022 focuses on growth in the region as competition intensifies across the globe
The Asia Video Industry Association (AVIA) is set to host its annual OTT Summit from 30 – 31 March, as the video industry continues to go through a massive evolution. With the global OTT market valued at over US$100B in 2020 and expected to reach US$220B by 2026, more and more media and content companies are revolutionising their businesses and attempting to become players in the streaming arena. And with growth starting to slow down in North America and Europe, Asia Pacific is now an … [Read more...] about OTT Summit 2022 focuses on growth in the region as competition intensifies across the globe
The launch of SPOTV NOW lets sports fans in Southeast Asia enjoy the world’s most popular sporting events
Leading regional sports network SPOTV announced the launch of mobile app, SPOTV NOW – bringing the world’s biggest and most popular sporting events closer to sports fans in Southeast Asia. As part of SPOTV’s growth strategy to be the regional go-to provider for sports content, the App is launched in Hong Kong, Malaysia, Singapore, and the Philippines for a start. SPOTV NOW streams, both live and on-demand, world-class events shown on the sports network’s regional pay-TV linear channels, SPOTV … [Read more...] about The launch of SPOTV NOW lets sports fans in Southeast Asia enjoy the world’s most popular sporting events