The total pay-TV services revenue in Australia is set to decline at a compound annual growth rate (CAGR) of 3.2 percent from US$2.6 billion in 2019 to US$2.2 billion in 2024 due to the declining cable and direct-to-Home (DTH) TV subscriptions and falling pay-TV average revenue per user (ARPU), according to GlobalData, a leading data, and analytics company. GlobalData’s Australia Telecom Operators Country Intelligence Report forecasts that pay-TV revenues in Australia will fall sharply in … [Read more...] about COVID-19 will accelerate pay-TV services revenue decline in Australia, forecasts GlobalData
Australia
Hannah Barnes joins as K7 Media’s Australian Consultant
Hannah Barnes has joined the K7 Media team as its new Australian Consultant. Hannah will act as K7 Media’s presence in the region and utilise her knowledge of the country’s TV industry to contribute to K7’s highly sought-after industry resources. A highly regarded industry professional, she boasts over 20 years’ industry experience and has enjoyed an extensive career working across the UK, US, and Australian media markets. Most recently, she was Group General Manager for Lifestyle … [Read more...] about Hannah Barnes joins as K7 Media’s Australian Consultant
CNN witnesses damage to Great Barrier Reef in special documentary
ATLANTA – In a special half-hour documentary titled Race to Save the Reef, CNN’s Ivan Watson dives underwater to see the impact of climate change on Australia’s Great Barrier Reef – damage, which one expert claims, could trigger a “mass extinction”. CNN meets Charlie Veron, the world's foremost expert on coral reefs, who has spent 45 years of his life diving in the Great Barrier Reef and has personally discovered 20 percent of the world’s coral species. Veron has been … [Read more...] about CNN witnesses damage to Great Barrier Reef in special documentary
Asia-Pacific online video revenues to grow notably
HONG KONG/MUMBAI/SINGAPORE – Online video revenue, comprising net ad spend and subscription fees, will grow at an 18% CAGR across Asia Pacific between 2018 and 2023, climbing from approximately US$21 billion in 2018 to US$48 billion by 2023, according to Asia Pacific Online Video & Broadband Distribution, a new report published by Media Partners Asia (MPA). China will account for the lion’s share of industry value, with more than 60% of Asia Pacific online video revenue and more … [Read more...] about Asia-Pacific online video revenues to grow notably
NBN launches ARRIS’ DOCSIS technology across Australia
SINGAPORE – ARRIS International has announced that Australia’s National Broadband Network (NBN) has begun rolling out ARRIS’s technology solutions for its nationwide launch of DOCSIS 3.1. This network expansion builds capacity to support the country’s current and future broadband services. ARRIS and NBN will bring DOCSIS 3.1 to three million premises in major Australian cities by 2020. The evolution of DOCSIS and the HFC network provides a cost-effective way to scale the expansive … [Read more...] about NBN launches ARRIS’ DOCSIS technology across Australia
NBCUniversal and Matchbox Pictures back Tony Ayres’ new label
MELBOURNE/LONDON – NBCUniversal International Studios and Matchbox Pictures have announced they are backing Tony Ayres’ brand new production company. The award-winning writer, director and producer has launched Tony Ayres Productions (TAP) to specialise in high end scripted drama and feature films for both Australian and international audiences. Headquartered in Australia, TAP will operate as an independent company, creating its own slate of television programmes and feature films. … [Read more...] about NBCUniversal and Matchbox Pictures back Tony Ayres’ new label
