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
Optus
National Geographic launches world-first app in Australia
POPULATION 23,933,832 TV HOUSEHOLDS 8,660,532 TV PENETRATION 100% HOUSEHOLD SIZE 3.5 CABLE TV PENETRATION 35.5% DTT PENETRATION 96.6% SATELLITE TV SUBSCRIBERS 100,000 MULTICHANNEL HOMES 3,000,000 MULTICHANNEL PENETRATION 36.5% NON-TERRESTRIAL TV CONNECTIONS 3,000,000 INTERNET PENETRATION 93.5% BROADBAND SUBSCRIBERS 12,570,122 INTERNET-CONNECTED TV PENETRATION 32% of households PVR PENETRATION 56.9% of households SMARTPHONE PENETRATION 77% of Australians aged 16+ TABLET DEVICE PENETRATION 48.2% … [Read more...] about National Geographic launches world-first app in Australia
Singtel launches second season
Singapore- Singtel Group’s The 5-Min Video Challenge returns for a second season Short-film competition connects Group’s 638 million customers to content from emerging filmmaking talent in the region Singapore. Following the resounding success of last year’s The 5-Min Video Challenge, the Singtel Group comprising Singtel, Optus AIS, Airtel, Globe and Telkomsel, is holding a second season of the competition across its markets in Asia, Australia and Africa. The regional video competition will see … [Read more...] about Singtel launches second season
Seven plots rival service as Netflix heads to Australia
Seven Network is considering approaches from telco Optus, digital TV platform Freeview, and movie subscription service Quickflix about joining forces for an online streaming service to rival U.S. streaming giant Netflix. The Australian reports that it was not previously known that Optus, Freeview and Quickflix were planning a foray into subscription video on-demand services. The service will compete with Netflix, which is considering an official launch in Australia next year. … [Read more...] about Seven plots rival service as Netflix heads to Australia
Optus restructuring to affect 750 jobs
Australia – Optus, the Australian arm of Singapore Telecommunications Ltd (Singtel), will restructure its business to drive greater efficiencies and give customers a stronger voice. As part of the restructuring, Optus will make 750 roles – coming from senior and middle management as well as operations, back office and support functions – redundant over the coming months, with an associated one-off charge of approximately AUD 37 million. The new structure will see the creation … [Read more...] about Optus restructuring to affect 750 jobs
Aussie telco wins copyright case
Optus has won its bid to air live sports content via its TV Now mobile TV service. This week, the New South Wales Federal Court found Optus did not breach the Copyright Act by showing last year's NRL and AFL matches live online with TV Now. The mobile service lets Optus customers record free-to-air television from their smartphone or computer and watch it on the same devices with a delay as little as two minutes. Justice Steven Rares cited "time-shifting provisions" in the Copyright Act that let … [Read more...] about Aussie telco wins copyright case