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iflix partners with TikTok to offer short form content in its platformJanuary 17, 2020iflix announced a partnership with TikTok, the rapidly growing short-form video sharing social networking platform on Jan 16, 2020. Through this deal, TikTok content will be made available via the online video platform, under ‘iflix Snacks’, its short-form content library. The content includes a TikTok branded collection of curated compilations such as ‘Top Best Woah Challenge’ and covers various categories include travel, comedy, sport, hobbies and lifestyle. Malaysia-based Iflix is an online video service that offers both ad-supported and subscription video on demand services. iflix is currently available in 13 countries: Malaysia, Indonesia, the Philippines, Thailand, Brunei, Sri Lanka, Pakistan, the Maldives, Myanmar, Vietnam, Cambodia, Nepal and Bangladesh.
Iflix secures a new round of funding ahead of a prospective IPOJuly 26, 2019Malaysia-based online video streaming service iflix has announced that it has secured a new round of funding ahead of a prospective IPO. The company estimated that the total funding will amount to more than $50 million, although an exact amount has not been disclosed. The funding round was led by Fidelity International, while new investors are MNC, Yoshimoto Kogyo and JTBC, together with founder Catcha Group, and strategic shareholders Hearst, Sky and EMC. Iflix is currently available in 12 countries in Asia – Malaysia, Indonesia, Philippines, Thailand, Brunei, Sri Lanka, Pakistan, Myanmar, Vietnam, Cambodia, Nepal and Bangladesh.
Sky invests USD 45million in iflix – Netflix’s rival in Southeast AsiaMarch 15, 2016Sky, one of the Europe’s largest media companies, is investing USD45m in Southeast Asian SVoD service iflix. Sky operates across the UK, Ireland, Germany, Austria and Italy via its DTH pay TV services and OTT platforms; NOW TV, Sky Online and Sky Go. Sky’s investment consists of the purchase of USD 2.5 million shares from existing investors which include Indonesian media company Emtek, as well as investment groups Catcha Group and Evolution Media Capital.
Asian online video market intensifies as services revealed upcoming plans at the 2015 ATFDecember 05, 2015Asia TV Forum and Market (ATF) 2015 in Singapore was attended by international content sellers for traditional TV and digital distribution and Asian buyers. The conference’s focus was on content acquisition - industry players gathered to discuss acquisition of content across all genres and platforms, as well funding and co-production opportunities.
New SVoD service launched in Malaysia and PhilippinesJune 04, 2015Online video subscription service iflix has been launched in Malaysia and Philippines in late May 2015. iflix has secured content deals with local and international content providers, including Twentieth Century Fox , BBC Worldwide, and Warner Bros.
Singtel eyes first mover advantage with launch of SVoD service in IndiaMay 29, 2015HOOQ, the online video platform backed by Singaporean telco giant Singtel, Warner Brothers and Sony Pictures, has launched its service in India. The subscription video-on-demand (SVoD) service features 5,000 Hollywood movie and series titles and over 10,000 local ones. priced at 199 rupees ($3.20) a month, HOOQ will allow subscribers to stream content on up to five devices including PCs, smartphones and tablets.Subscribers Only