OTT video subscribers across Asia Pacific are on the rise: subscription revenues will reach $10 billion by 2021 from $6.5 billion today.
Poland’s TVP has signed a cooperation agreement with Sichuan-based Chengdu Radio and Television, one of the leading broadcasters in China.
China Central Television (CCTV) has signed a long-term distribution contract with Eutelsat to broadcast three of its flagship channels in High Definition across Europe, the Middle East and North Africa.
Hungary’s leading alternative telco Invitel is to be sold by its current owner Magyar Telecom to the China-CEE fund (CEE Equity) for an enterprise value of €202 million.
WATCH VIDEO. Chinese state broadcaster CCTV has re-branded its international operations into China Global Television Network, or CGTN.
Spain’s Telefónica is set sell the remaining 1% it still holds in China Unicom.
The Asia Pacific region will have 157.78 million SVOD [subscription video on demand] subscribers by 2021, up from 41.68 million in 2015 and 76.12 million expected by end-2016.
The Qyou has entered a partnership with China Entertainment Group to distribute curated content to China’s leading online video platforms.
Reed MIDEM, organiser of MIPTV/MIPCOM, has announced the launch of MIP China Hangzhou, the first ever MIP in China.
Greece’s Forthnet has signed a Memorandum of Understanding (MoU) with China International Television Corporation (CITVC) with the intention of cooperation between the two parties.