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

HOOQ targets Indian territory, plans to double investment on online video content

Roshan Dwivedi Published on : 15 September 2018
VOD streaming service HOOQ aims to double India investments

Singapore based video-on-demand streaming service HOOQ is looking to double its India investments as it focuses primarily on English premium video content. The recent growth of Indian OTT video market has prompted many VOD platforms like Netflix and Amazon Prime to invest on original content.

According to research reports, India is expected to be among top 10 OTT video markets in the world in the next four years and is expected to grow at a CAGR of 23%. India’s OTT video revenue is forecasted to touch $2 billion in 2022, as compared to $529 million in 2017.

Zulfiqar Khan, Managing Director, HOOQ India quoted, “We are doubling up on our investments for India. We are investing in content, manpower as well as technology. Hooq has narrowed its focus on Hollywood and English premium content, and it has started phasing out regional and Hindi content. The change in strategy has led us to revisit partnerships that we do. We are now looking at more partnerships with stakeholders.”

Written by: Roshan Dwivedi

Add your comment

Leave a Reply

Your email address will not be published.

Try Muvi One free for 14 days

No Credit Card Required

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

Upcoming Webinar
June 27

9:00AM PST

Leveraging Analytics for Success in the Streaming Industry

A streaming platform’s success is crucially dependent on data. In today’s competitive streaming landscape, data is king. This webinar will unlock the secrets of using analytics to gain…...

Event Language: English
30 Minutes