The Asia Video Industry Association (AVIA) is set to host its annual OTT Summit from 30 – 31 March, as the video industry continues to go through a massive evolution. With the global OTT market valued at over US$100B in 2020 and expected to reach US$220B by 2026, more and more media and content companies are revolutionising their businesses and attempting to become players in the streaming arena. And with growth starting to slow down in North America and Europe, Asia Pacific is now an … [Read more...] about OTT Summit 2022 focuses on growth in the region as competition intensifies across the globe
VOD news
BBC increases access to news on Ukraine and Russia
BBC News is increasing access to its independent journalism on the invasion of Ukraine. Starting March 9th it will make a daily half-hour news bulletin (broadcast at 2000 GMT) available free of charge to other broadcasters who are members of the European Broadcasting Union (EBU). Audiences will get the chance to watch Outside Source, normally presented by Ros Atkins, from Monday to Thursday, and a BBC News bulletin from Friday to Sunday. Given the current news agenda, BBC expects the news … [Read more...] about BBC increases access to news on Ukraine and Russia
BARC THINK report: TV ad volumes post double-digit growth in 2021 over previous 2 years
2020 was a subdued year for television advertising, leading to a decline in total Ad Volumes across the year despite the record stay-at-home rise in viewership. 2021 has bounced back with a substantial double-digit spike, delivering an all-time high of 1824 million seconds of Ad Volumes during the year. This translated into a 22% and 18% growth over 2020 and 2019, respectively. The Top 10 advertisers accounted for 780 million seconds of Ad Volumes, and the Next 40 accounted for 340 million … [Read more...] about BARC THINK report: TV ad volumes post double-digit growth in 2021 over previous 2 years
ZEE5 Global surges ahead in the U.S. as the platform of choice for South Asians within just eight months of launch
From California to New York and Texas, ZEE5 Global has conquered the hearts of South Asians across the U.S. as their go-to destination for streaming all things that spell South Asian entertainment. It’s been barely eight months since ZEE5 launched in the U.S., and it has already surged ahead in the market driving strong revenue and engagement growth across the board. As the second-largest market for ZEE5 after India, the US is already the largest contributor to the platform’s international … [Read more...] about ZEE5 Global surges ahead in the U.S. as the platform of choice for South Asians within just eight months of launch
Astro thanks customers with free previews of all movies and Korean channels
In appreciation of its wins at the Putra Brand Awards 2021, Astro will offer a free preview of all its Movies and Korean channels on TV and Astro GO to all Astro customers from 29 January to 6 February 2022. Henry Tan, Group Chief Executive Officer of Astro said, “We are thrilled to be voted by Malaysians as their top media brand once again. This year, it is even more special for us as we received not one but FOUR awards -- Platinum for Astro, Silver for Go Shop, and two Silver for radio, ERA … [Read more...] about Astro thanks customers with free previews of all movies and Korean channels
Multiplay service revenue in APAC to grow at 3.2% CAGR over 2021-2026, forecasts GlobalData
Multiplay service revenue in Asia-Pacific is expected to grow at a compound annual growth rate (CAGR) of 3.2% from US$235.4bn in 2021 to US$275.3bn by 2025, driven by continued rise in the number of multiplay households in the region, and growth in the average monthly multiplay household spending, according to GlobalData, a leading data and analytics company. GlobalData’s Asia-Pacific Multiplay Services Forecast reveals that the number of multiplay service households in the region will … [Read more...] about Multiplay service revenue in APAC to grow at 3.2% CAGR over 2021-2026, forecasts GlobalData