Asia - Latest updates on Asia

China Media Capital to take a stake in VR start-up NextVR 12 August 2016

Virtual Reality is definitely taking up swiftly. NExtVR, a video streaming platform broadcaster of live events as well as VR headsets, is currently in a phase to acquire funding. The startup has successfully raised $80 million and is now looking over … Continue reading

A deeper look at the future of OTT Video Streaming Market in Asia 12 August 2016

Asia, undoubtedly is a highly potential video streaming market. As with the booming technology and the internet penetration of 40.2%, it has peaked in $2,490 million revenue for the year 2016 and is expected to touch US $5,017 million by … Continue reading

Netflix on the verge to conquer the China Deal 09 August 2016

Netflix the biggest video content distributor in many parts of the world has been struggling to enter China territories since long. But it looks like, they are on their way. According to a recent report by TechInAsia, Netflix is soon … Continue reading

India: The next battleground for Amazon & Netflix 03 August 2016

OTT space in India has already been racing hot and is going to set a competition bar again with the launch of US-based Netflix this January. In a recent report by financial express, the battle is going to be intensified … Continue reading

SVOD service iflix expands to Sri Lanka 03 August 2016

Iflix, the subscription-video-on-demand (SVOD) service is all set to expand its geographical reach from South East Asia to Sri Lanka in this month. Iflix claims to have four million subscribers in the current markets of Malaysia, Philippines, Thailand, and Indonesia. … Continue reading

OTT Providers and Mobile Operators in Asian form new Alliances 01 August 2016

To combat revenue of loss, Asian MNOs are creating new revenue-sharing partnerships with OTT platform providers, as per research by IT and networking vendor Alepo. The research highlights the need for more effective strategies for OTT services by MNOs in … Continue reading

Video on Demand in Hospitality Market to grow to USD 19.11 billion by 2021 22 July 2016

MarketsandMarkets forecasts the VOD in hospitality market to grow from USD 6.89 billion in 2016 to USD 19.11 billion by 2021, at a CAGR of 22.6%. OTT solutions can be integrated with existing video on demand systems so as to streamline the management of … Continue reading

Vietnamese spend more time watching VOD 28 June 2016

According to a report released by Nielsen, 78% of digital consumers reported watching TV content and movies via video-on-demand platforms and 67% of VOD subscribers claimed to stream VOD content every day. YouTube (97%), Facebook (81%) and nhaccuatui.com (56%) were known as the … Continue reading

SVoD services are expected to grow to 6.4% in the households of emerging markets by 2019 23 June 2016

Video-on-demand is proving to be the fastest-growing consumer revenue model based on digital subscriptions worldwide, according to the latest figures. Subscription video on demand (SVoD) services such as Netflix are expected to grow to 6.4 per cent in the households … Continue reading

VOD subscribers for iQIYI double since 2015 17 June 2016

The number of subscribers to iQIYI’s video-on-demand service has doubled since the beginning of December 2015 which, says a company statement, signifies ‘a significant trend in China that more people are willing to pay for good content’. “Reaching the 20 … Continue reading