Streaming Video Grows in Southeast Asia as New Platforms Spur Market Leaders – Study

  • 📰 Variety
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Paid video subscriptions and viewership grew in Southeast Asia in the third quarter of the year, according to a new report. Activity was juiced by Amazon Prime Video’s push into the region, live sp…

The Southeast Asia Online Video Consumer Insights & Analytics report from research firm Media Partners Asia shows viewership up by 6% on a quarter-on-quarter basis. Netflix led premium video viewership in all five of the Southeast Asian markets covered by the report – Singapore, Indonesia, Thailand, The Philippines and Malaysia – and accounted for 42% of premium video viewing time ahead of Viu with 13% and Tencent’s WeTv with 10%.

Indonesia’s Vidio led regional subscriber growth, reflecting a strong quarter for local football league Liga 1 and the Premier League, despite disruptions to both late in the quarter. It ended Q3 2022 with 4 million subscribers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UTA’s Jeremy Zimmer: As Streaming Giants Evolve Their Business, It’s Time to Rethink Talent DealsThe trade-off of back-end incentives for upfront fees needs to be updated and platforms should work with partners to develop transparent performance metrics for creatives, the agency chief writes. Why? They’re producers now.
Source: THR - 🏆 411. / 53 Read more »