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
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Toonz Media Group kicks off expansion of its platform entertainment business with new kids TV channel in Indonesia
Global kids and family entertainment major Toonz Media Group has launched a new kids television channel in Indonesia. The 24x7 pay-TV channel Toonz Kids is available on Indonesia’s leading satellite TV network Transvision. The bilingual channel will include shows in both Bahasa and English, and is targeted at 4 to 12-year-olds. This will be Toonz’s maiden television channel in Asia. The channel went on air on Sunday, November 14. “Indonesia has a fast-growing kids entertainment industry and we … [Read more...] about Toonz Media Group kicks off expansion of its platform entertainment business with new kids TV channel in Indonesia
Corus Entertainment signs three-year deal with ABC Commercial for new ‘Wiggles’ content
ABC Commercial announced it has completed an expanded three-year agreement with Canada's leading media and content company Corus Entertainment for over 30 hours of fresh pre-school programming from, the world's most popular children's entertainment group, The Wiggles. The agreement will give Corus exclusive broadcast rights on their pre-school cable television channel Treehouse for a collection of recently released content from The Wiggles' television catalogue, including brand new seasons of … [Read more...] about Corus Entertainment signs three-year deal with ABC Commercial for new ‘Wiggles’ content
Chicken Soup for the Soul Entertainment acquires Locomotive Global
Chicken Soup for the Soul Entertainment Inc. one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, announced last week the acquisition of a majority stake in Locomotive Global Inc. Locomotive Global Inc., a production company based in India, is led by industry veterans Scott Anderson, former programming and acquisition strategy head for the Hallmark Channel who also was with Starz/Encore and Liberty Media Corporation, and Sunder Aaron, co-founder of … [Read more...] about Chicken Soup for the Soul Entertainment acquires Locomotive Global
Alex Morris appointed as Director of LADstudios
Alex Morris, former Chief Creative Officer of Barcroft Studios has been appointed as Director of LADstudios, the data-driven factual entertainment division of LADbible Group, the world’s biggest social publisher and content creator. Alex will lead a global team at LADstudios with a remit to increase the size of the department by 50% by the end of 2022, and build the commercial and creative opportunities across the business’s original video IP, channels, show brands and branded entertainment … [Read more...] about Alex Morris appointed as Director of LADstudios
Amazon launches Prime Video Channels in India
Amazon announced the launch of Prime Video Channels in India. Prime Video Channels launched on 24th September. Prime Video Channels will provide Prime members a seamless experience and access to a distinctive slate of content from a diverse set of popular video streaming services. Addressing customers’ need for a hassle-free entertainment experience, simplified discovery and frictionless payments, Prime Video Channels, acting as an intermediary, will allow Prime members the option for add-on … [Read more...] about Amazon launches Prime Video Channels in India
