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Tencent introduces a new video streaming service for Thai viewers

Tencent, the Chinese tech giant, launches its first video streaming service outside China, in an effort to expand its presence in the South-Asian countries. The streaming service will be first made available to Tencent’s existing user base in Thailand. In Thailand, the brand will be termed as WETV and will mainly include video content from …

Spotify all set to debut in SA

Swedish online audio streaming giant Spotify is all set to debut in SA, putting rest to the speculation that stemmed from its advertisement for a senior editor and music programmer for South Africa back in September 2017. The pricing details are yet to be disclosed by Spotify. The Proteas already have an array of music …

Tencent expands, invests in Indian music streaming service

India’s popular music streaming service, Gaana has attracted “ a sizeable investment” from the Chinese web giant Tencent. Gaana, the 2010 music firm is a property of media firm The Times Of India. Tencent which is a pretty dominant player in the rapidly expanding Chinese digital music domain has shown concern in Gaana as a …

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 …

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 …

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 …

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