Industry Updates

US SVOD subscriptions set to touch 208 million in 2023 14 August 2018

According to reports, the number of SVOD subscriptions in the US is expected to reach 208 million in 2023, up from 132 million in 2017. Around 73.5% of TV households (88.5 million) will subscribe to at least one subscription video … Continue reading

ALT Balaji set to go global, put on 2.1 mn new paid users 13 August 2018

Leading entertainment company, Balaji Telefilms’ OTT platform ALT Balaji has added more 2.1 million paid users in the April-June quarter. It is double the 1.2 million paid users it had added in FY17. Currently, the paid subscriber base stands at … Continue reading

CJ Group partners with Netflix and China’s Youku for promoting korean content abroad 13 August 2018

South Korean showbiz giant CJ Group is teaming up with China’s Youku and global SVOD platform Netflix for promoting homegrown content such as K-pop and Korean TV dramas into the global mainstream. The company is strategically seeking major domestic players … Continue reading

Naspers create VOD unit as online streaming battle intensifies 10 August 2018

Global internet and media group, Naspers has created a new OTT video unit in order to counter competition from global VOD players such as Netflix, Amazon Prime Video, etc. To counter this stiff competition, Naspers has partnered its VOD business … Continue reading

SVOD subscribers on rise in Latin America 10 August 2018

According to reports, the number of SVOD subscribers are rising in Latin America, more than double in between 2017 and 2023. The number of subscription video-on-demand subs is predicted to increase from 21.14 million at the end of 2017 to … Continue reading