Asia Pacific OTT TV episode and movie revenues will reach $48 billion in 2024; up from the $21 billion recorded in 2018. According to the Asia Pacific OTT TV and Video Forecasts report, the total will increase by $5 billion in 2019 alone.
BBC Studios and China’s Tencent partner
MIPCOM 2018 – CANNES. BBC StudiosHAS announced the launch of BBC Earth Tribe, a brand new BBC Earth fan community with China’s Tencent.
France mon Amour goes to China
France mon Amour, the first French television channel in China, will be available on China’s Viva platform.
CCTV China launches 4K channel
China Media Group has launched it’s first domestic superstar TV channel, CCTV 4K Ultra HD channel on Monday, October 1.
MIPCOM names China its 2018 Country of Honour
MIPCOM has named China its 2018 Country of Honour.
Elisa targets Chinese SVOD market
Finland’s Elisa has begun working with the leading provider of IPTV services in China to bring Nordic movies and series to the country.
China drives Asia Pacific online video revenues
Online video revenue, comprising net ad spend and subscription fees, will grow at an 18% CAGR across Asia Pacific between 2018 and 2023, climbing from $21 bil. in 2018 to $48 bil. by 2023.
China’s TV programming market is second only to the US
TV broadcasters in China spent 43 billion yuan ($6.4 billion) on programming in 2017, compared to 30 billion yuan ($4.5 billion) spent by online platform companies.
Alibaba’s Youku selects Irdeto Rights for ChinaDRM
Youku, the Alibaba-owned online video streaming service provider, has selected Irdeto Rights for ChinaDRM to safeguard premium content delivery.
Asia Pacific: 351 million SVOD subs by 2023
Three Chinese companies will top the Asia Pacific SVOD rankings by subscribers in 2023.
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