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
SVoD
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)
GlobalData: Australia’s SVOD service revenue to reach US$3.2B in 2026
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
GlobalData forecast: Japan SVOD services market revenue to reach US$6.3 billion in 2025
The subscription video on demand (SVOD) service revenue in Japan is expected to increase at a robust compounded annual growth rate (CAGR) of 17.7% from US$2.8bn in 2020 to US$6.3bn in 2025, driven by increasing SVOD subscriptions and a steady rise in average monthly revenue per SVOD household, according to GlobalData, a leading data and analytics company. GlobalData’s Japan Subscription Video on Demand Forecast (Q2-2021) reveals that the SVOD subscriptions in the country will increase at a … [Read more...] about GlobalData forecast: Japan SVOD services market revenue to reach US$6.3 billion in 2025
