Muvi Blogs

Beyond The Buzz- Latest Insights From Muvi

Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

VOD Services Launching Across Asia But Paid Subscriptions Will Be A challenge 11 September 2015

iflix VOD Service

 

Netflix, the U.S.-based video on demand service, is expected to launch in Asia next year and local competition is already heating up in anticipation. One of them even has a similar name- iflixA joint venture between Malaysia’s Catcha Group and Evolution Media Capital, iflix has already raised $30 million in April, earlier this year, as it prepares to roll out its on-demand video service across Malaysia, Thailand, Philippines, Indonesia, and Vietnam.In August, Metro-Goldwyn-Mayer (MGM), the Hollywood based studio, bought a stake in iflix for an undisclosed amount. iflix claims that it will be able to offer subscribers over 10,000 hours of international and regional content including, TV shows and movies.

However, unlike Netflix which has 65 million paying subscribers in 50 countries, Eros will struggle to find customers in India who would be willing to pay when they have other free options such as downloading pirated copies over torrent sites. Enforcement of anti-piracy laws is lax in most parts of Asia, and turning subscriptions into a major revenue source would be a challenge.

Read the entire story here.

Don't forget to share this post!


Latest Posts

Start Muvi One 14-days Free Trial

No Credit Card Required

Your website will be at https://www.yourname.muvi.com, you can change this later.

Related Blogs
Metadata Management - Makes your content Search Friendly and Easily Discoverable with Muvi!

Metadata Management - Makes your content Search Friendly and Easily Discoverable with Muvi!

  Why must you consider metadata management? Video metadata is highly essential for successful content recommendation as well as providing...

29 November 2022
How to Provide an Uninterrupted FIFA World Cup Streaming Experience to your Audiences with HLS?

How to Provide an Uninterrupted FIFA World Cup Streaming Experience to your Audiences with HLS?

    Soccer is a widely popular game and FIFA is the most watched event in the sports industry. A...

29 November 2022
4 Must-Needed Technologies to look for in a VOD Platform

4 Must-Needed Technologies to look for in a VOD Platform

  Are you planning to build your own VOD platform? There are several practical technologies to pay attention to for...

28 November 2022
How Improved CDN Helps Meet Surging OTT Demand?

How Improved CDN Helps Meet Surging OTT Demand?

  Content Delivery Networks are servers that are distributed geographically, and function together to serve your viewers faster and with...

25 November 2022
7 Reasons to Migrate to a Cloud Streaming Platform

7 Reasons to Migrate to a Cloud Streaming Platform

  With many features and benefits offered by a cloud streaming platform, a greater number of video producers and content...

25 November 2022






 

Get Offer
close-link