The household penetration of subscription video on demand (SVoD) services in Malaysia is expected to increase from 22% in 2022 to 41% in 2027, driven by the increasing consumer preference towards SVoD platforms as broadband services continue to improve in the country, forecasts GlobalData, a leading data and analytics company. GlobalData’s Malaysia Subscription Video on Demand (SVoD) Forecast (Q2 2023) reveals that SVoD subscriptions in the country will increase at a CAGR of 15% over the … [Read more...] about GlobalData forecasts Malaysia SVoD household penetration to reach 41% in 2027
SVoD
GoQuest Media licenses dramas to SVOD platform VOYO Bulgaria
Global independent content distributor GoQuest Media has finalized sales for three captivating series from its growing portfolio of dramas. bTV Media Group’s digital platform VOYO Bulgaria has acquired the SVOD rights to the award-winning and gripping crime thriller Rats (6 x 55'), the Serbian spy thriller Civil Servant (36 x 50’) and the romantic drama Secrets of the Grapevine (74 x 50’). Based on true stories, Rats is set in the evolving world of … [Read more...] about GoQuest Media licenses dramas to SVOD platform VOYO Bulgaria
Espresso establishes partnership with Singapore-based Bitsmedia for new SVOD platform Qalbox
UK-based distributor Espresso Media International has established a new partnership with Singapore-based Bitsmedia, supplying more than 20 hours of content for the company’s new SVOD platform Qalbox launching in late 2022. Qalbox is a global subscription video on demand (SVOD) streaming service providing Muslim lifestyle content and celebrating Muslim identities and cultures. Qalbox aims to provide comprehensive, curated, and diverse Muslim-centric content for the global community to … [Read more...] about Espresso establishes partnership with Singapore-based Bitsmedia for new SVOD platform Qalbox
Netflix falls short of expectation as market approaches post-peak stream, says GlobalData
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
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
Content is king: What media executives have to say on what’s hot for 2022 (Part two)
Asia’s content space has proven to be resilient in the past year when productions have been halted due to the ongoing pandemic. This year, we’ve seen multiple co-production deals being inked and hot new Original productions being launched, which says a lot about Asia’s thriving content space. But just how well did 2021 look for content and what’s in store for 2022? We’ve interviewed 10 media companies across studios, OTT platforms, and broadcasters to get their take on what the past year has … [Read more...] about Content is king: What media executives have to say on what’s hot for 2022 (Part two)