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Pay-TV subscribers to hit 1 billion by 2022

According to a latest study by Digital TV Research, global OTT and pay TV revenues are projected to reach USD 283 billion this year – that’s 18% higher than the 239 billion recorded a year ago. The study that covers 138 countries interprets that OTT will drive revenue, while pay TV will pull it down …

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Asia Pacific OTT market leaping ahead

The Over-the-Top (OTT) business in Asia Pacific was unorganized with the presence of geographically focused players such as Hooq, Spuul, BoxTv, etc. It began full-fledged in 2015 with the arrival of Netflix in Japan and Australia, which slowly landed in other APAC countries the following year. Today the region is host to a number of …

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Wizard World to launch SVOD service for English speaking audience in China

Wizard World is extending its reach in China with its plan to launch an English-language SVOD service in the country. The service will be launched in partnership with CNLive, one of only seven entities licensed to distribute content over the internet in the region. It provides Wizard World China a multi-year right and licenses to …

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A new Chinese OTT platform is being launched by Zoland Animation for the kids segment

Zhejiang Zhongnan Animation, more widely known as Zoland Animation, has announced Zokast Kids TV, a SVOD platform for kids. Zokast Kids TV would cater to children of all ages and would provide a safe environment for kids to enjoy watching a wide variety of titles. The platform aims to engage young viewers with more interactivity, …

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Chinese Tech giant’s efforts to acquire Spotify this Year

According to a new report, Chinese tech giant Tencent made attempts to acquire Spotify earlier this year. Tencent tried to acquire Spotify so as to expand its reach in the music streaming market beyond China and Asia. Tencent’s own music streaming unit boosts of 600 million users across 600 million users. Hopeful to acquire Spotify …

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Increasing listeners in China have begun to pay for online music subscription

In China out of the 600m Chinese who listen to music online, only 20m have a paid subscription that typically costs between 8 and 12 yuan (between $1.2 and $1.8) a month. Rest of the listeners don’t pay anything for streaming music online, however, do so on legit, ad supported services meaning the Chinese equivalents …

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SVOD to rise by 85% in China

According to a new research, China will account for 85% of Subscription Video on Demand (SVOD) customers and 78% of online video sector revenues in the Asia Pacific region by 2022. According to some research studies from Media Partners Asia (MPA), the factors that drive the growth of SVOD in China include large-scale investment in …

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China imposes ban on audio and video streaming on Sina Weibo and two other websites

The Chinese government is increasing control over internet content. According to the Financial Times, three websites Sina Weibo, iFeng and ACFUN have been asked to stop streaming video and audio content that were not in line with national audiovisual regulations and were propagating negative speech. All the three sites according to China’s State Administration of …

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Online video subscribers on the rise in China

China is witnessing an exponential growth in digital video. Its subscription video-on-demand (SVOD) segment is attracting larger audiences compared to live streaming video which has also been growing rapidly. The number of SVOD subscribers in China will reach 144.0 million this year according to projections from JP Morgan Chase & Co. This amounts to more …

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Netflix and YouTube dominate Asia in Video Streaming

A recent study by ValuePenguin lists the top video streaming apps in Asia. This research is based on Apple App Store’s data that shows the number of downloads and revenue rankings of the most popular streaming apps in 13 Asian regions including India, Indonesia, Singapore, Malaysia, Vietnam, Thailand, Hong Kong, Taiwan, Philippines, Australia, China, Korea …

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