This story appears in the October 2020 issue of Television Asia Plus. During the lockdown, many OTT providers saw a sharp rise in subscriptions as well as an overall increase in streaming figures. Now that society has started to open up again and audiences are enjoying a wider selection of other activities, the challenge will be to keep viewers engaged over the long term. The OTT market offers no shortage of platforms and new contenders are arriving all the time. With a saturated market, … [Read more...] about 3 Ways to approach OTT monetisation
SVoD
CJ ENM Hong Kong partners with iQIYI International to bring tvN movies SVOD service regionally
CJ ENM HK announced the partnership with iQIYI International to bring tvN Movies SVOD (Subscription Video On Demand) service regionally across Singapore, Malaysia, Indonesia, Thailand, Philippines, and Vietnam from 8 August 2020. This will also be the first-time customers in Vietnam will have access to all the blockbuster movies from tvN Movies. The partnership aims to better satisfy the growing demands for both Korean movies (especially after the multiple Oscar Awards for Parasite earlier this … [Read more...] about CJ ENM Hong Kong partners with iQIYI International to bring tvN movies SVOD service regionally
A+E Networks Korea launches the first Korean premium scripted drama ‘Backstreet Rookie’ with worldwide premiere set on 19 June
Backstreet Rookie, A+E Networks Korea’s first foray into premium scripted drama, will premiere simultaneously around the world. A+E Networks® International holds worldwide distribution rights, signing on to the show as its first investor in 2019 which paved the way for its development and production. It has now signed global SVOD partners for a worldwide premiere. Starting June 19, the series will air as a Friday-Saturday drama on SBS in Korea, followed by Lifetime Korea. In addition, A+E … [Read more...] about A+E Networks Korea launches the first Korean premium scripted drama ‘Backstreet Rookie’ with worldwide premiere set on 19 June
UK SVoD market to grow 100% over next five years, says GlobalData
The UK’s solid growth in subscription video on demand (SVoD) adoption is set to continue over the next five years, according to GlobalData, a leading data and analytics company. The total number of SVoD subscriptions is expected to double between 2019 and the end of 2024, rising from 22.4 million to 44.6 million. Total market revenue, exclusive of VAT, is expected to also double from £1.5bn in 2019 to £3bn in 2024. Joel Cooper, Senior Director, Telecoms Market Data and Intelligence at … [Read more...] about UK SVoD market to grow 100% over next five years, says GlobalData
Digital Platform more.tv Licenses New First-Run Television Series From ViacomCBS Global Distribution Group
Digital platform more.tv has entered into a new deal with ViacomCBS. Under the multi-year content licensing agreement, more.tv will be the only Russian provider authorized to offer an array of brand-new television series via SVOD in Russia and the CIS countries. Among the new shows included in the agreement are the highly anticipated Southern Gothic drama PARADISE LOST starring Josh Hartnett (“Penny Dreadful”) and Bridget Regan (“Agent Carter”). The compelling family saga follows a prodigal … [Read more...] about Digital Platform more.tv Licenses New First-Run Television Series From ViacomCBS Global Distribution Group
TiVO’s Vice President outlines top five IPTV challenges
ASIA-PACIFIC – Over-the-top services like Netflix have changed the game. According to a Nielsen study, globally, 32% of the respondents said they planned to cut the cord in favour of an online-only service. By 2021, the APAC region will have added 107 million new VOD subscribers, with a 220 percent surge in revenue through SVOD expected. Traditional pay-TV operators need to respond if they want to hold onto existing customers, minimise churn and attract new ones. It’s not all doom … [Read more...] about TiVO’s Vice President outlines top five IPTV challenges