PCCW Limited (PCCW) and CANAL+ Group (CANAL+) jointly announced today the formation of a strategic partnership to accelerate the growth of Viu, a leading pan-regional OTT video service with presence across Asia, the Middle East, and South Africa. As a result of the transaction, CANAL+ will become a significant minority shareholder in Viu through a staggered investment of US$300 million* which includes an initial investment of US$200 million resulting in CANAL+ holding a 26.1% stake in Viu. In … [Read more...] about PCCW and CANAL+ forge strategic partnership to accelerate growth of Viu
Viu
GlobalData forecasts Malaysia SVoD household penetration to reach 41% in 2027
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
Vision New Media promotes Min Lim to Group CEO
Vision New Media, one of the largest and most successful independent content groups in the ASEAN region, announced that Min Lim has been promoted to the newly created role of Group CEO. Reporting into Founder and Chairman Beng Teck Lim, Min, who is currently Head of Production at Group production business Double Vision, now takes full responsibility for all content creation and distribution activities, plus the extensive post-production, dubbing and subtitling services housed within the wider … [Read more...] about Vision New Media promotes Min Lim to Group CEO
Viu Thailand announces Reborn Rich remake at Viu UPFRONT
Viu, PCCW’s leading pan-regional OTT video streaming service, announced that it would be remaking popular Korean drama Reborn Rich in Thai at the Viu UPFRONT 2023 event held in Bangkok. The Viu Original title was a major success last year, topping most-watched charts on the Viu platform across its markets and was distributed to over 170 countries across Asia, the Middle East, Japan and the Americas. Starring Song Joong-ki, Reborn Rich was one of the most-watched Korean dramas of 2022 and is … [Read more...] about Viu Thailand announces Reborn Rich remake at Viu UPFRONT
Over 7,300 industry talents at FILMART and EntertainmentPulse
FILMART and EntertainmentPulse, organised by the Hong Kong Trade Development Council (HKTDC), assembled more than 7,300 leading entertainment figures from 41 countries and regions. The four-day content marketplace successfully showcased a great variety of cross-media, cross-genre content and brought numerous business opportunities for participants. The confident global exhibitors and buyers were delighted to network in person. “This is my first time attending … [Read more...] about Over 7,300 industry talents at FILMART and EntertainmentPulse
Viu launches Viu Scream Dates at Filmart; announcing slate of Viu original series for 2023
Viu, PCCW’s leading pan-regional OTT video streaming service, announced today the launch of Viu Scream Dates, the fan meet offering across its markets. Viu Scream Dates aims to extend the Viu experience beyond the screens to further engage Viu-ers by bringing the stars closer to their fans via live events and experiences. This month will see Lee Je-hoon’s Vacation Fan Meet across three of its markets namely the Philippines, Indonesia and Singapore. For the next quarter, Viu is slated to bring … [Read more...] about Viu launches Viu Scream Dates at Filmart; announcing slate of Viu original series for 2023