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iflix breaks into emerging markets with innovative operator partnershipsAugust 22, 2017iflix secured USD 133 million funding on August 7, 2017, led by Hearst, the US-based mass media and business information conglomerate, Singapore based financial institution EDBI and clients of DBS private bank. Existing shareholders Evolution Media, Sky, Catcha Group, Liberty Global, Jungle Ventures and PLDT also increased their investments.Subscribers Only
Broadcast Asia 2017 – AI and personalisation in future of video industryJune 02, 2017Broadcast Asia 2017, held in Singapore from 23-25 May 2017, gathered industry experts to share insights on strategies and solutions for businesses to cater to the changing ways of media consumption. CommunicAsia, and EnterpriseIT were the two other events that were held by the same organiser on the same dates. Together, three exhibitions span 65,000 square metres across Marina Bay Sands and Suntec Singapore, hosting 1,800 exhibitors from 62 countries.
iflix raised USD 90 million to fuel its ongoing global expansion effortsMarch 16, 2017Malaysian-based online video service, iflix raised USD 90 million in the latest funding round from a group of investors, including Liberty Group, Zain, Sky, Evolution Media Capital and Catcha Group. This is iflix’s largest funding round to date; the company disclosed that the funding is aimed to facilitate global expansion.
HOOQ raised additional USD25 million from its shareholdersJanuary 19, 2017Singtel, Sony Pictures and Warner Bros have invested additional USD25 million in HOOQ, a subscription based online video service. Share distribution between the companies will remain the same following the deal. Singtel owns 65 percent, while the remaining shares are split equally between Sony’s AXN and Warner Bros.
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