China - Latest updates on China
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 …
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 …
Netflix brings Original content in China
Netflix recently agreed to a deal with Baidu’s iQiyi – a top video portal in China with nearly 500 million monthly viewers to give its programming a presence on Chinese soil. For now, though, Netflix is focused on closing similar distribution deals for Mainland China. It previously licensed out ‘House of Cards’ to video service Sohu, before regulators pulled …
China’s live streaming market grew 180% in 2016
According to an internet market research firm iResearch, China’s live video streaming market was estimated at RMB 20.8 billion (around US$ 3 billion), which is an 180% growth from the previous year. The four big live streaming companies including YY, Tian Ge Interactive, Song Cheng (the parent company of 6.cn) and Momo recorded a combined …
International OTT platforms are gaining in Vietnam
According to Hoang Thinh TV Service Center in Vietnam, OTT TV everywhere services from various different countries such as Japan, South Korea, China, India, Russia, and Thailand are highly in demand and are performing really good. The company offers bundles of various foreign OTT platforms to the Vietnamese audience and stated that they had collected …
China to dominate 4K and 8K TV shipments by 2020
Even though Japanese makers are aggressively switching to 4K TV ranges, China will continue to dominate the market by 42% of all TVs in 2017 with 4K shipments, says a recent IHS Markit research. The analysts calculate that in 2016, more than 25 million 4K TVs were shipped in China and estimate the numbers to almost double by …
Video streaming app Fox+ to launch across Asia
Fox has launched its video streaming platform Fox+ in the Philippines in this year, ahead of all other countries in Asia, and is now looking forward to launch in all other seven countries too. The new video streaming service will have 11,000 hours of movies and TV series streamed in HD from the Fox studios, …
SVOD on Rise in China
According to a recent Futuresource study, subscription video-on-demand (SVOD) is becoming a force in China, in spite of piracy being rife in the country. The major drivers are a combination of demand from younger viewers and the fight for consumers between heavyweight Chinese SVOD companies such as Baidu, Alibaba and Tencent. Alibaba acquired the SVOD service – Youku Tudou …
Video is set to be a $1 trillion Market for Telcos
According to a recent report by the Chinese communications infrastructure maker Huawei, Video will account for 50% of all mobile revenues by 2020. The company states that video has $1 trillion revenue opportunity for the telecommunications operators, with entertainment video accounting to $650 billion of this. The remaining $368 billion revenues will go to industry video as well …
HMV Digital China launches a video streaming platform
Hong Kong’s largest music and DVD retailer HMV Digital China Group has launched an online bilingual video streaming platform – “Hmvod” in order to compete with Netflix and other video streaming services in Hong Kong. The new OTT service offers 1,500 films and plans to expand further by 2018, offering 5,000 videos from Hong Kong productions to Hollywood …
