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Fox to buy Tubi for $440 million, increasing its direct-to-consumer digital reachMarch 18, 2020Fox Corporation has announced the acquisition of advertising-supported video on-demand (AVoD) service, Tubi. The US media company said it would pay $440 million in cash, funded from the sale of its 5% stake in digital media company Roku.
AVOD Market Report - US - 2019December 05, 2019Advertising Video On Demand or AVOD, while it has been around since the beginnings on online video, is re-emerging as a revenue stream of choice. Strategic changes and M&A have occurred across the industry in 2018 and 2019 with many market leaders leaning into AVOD. ...Subscribers Only
iQIYI Q2 2019 results highlight challenging advertising environment in ChinaAugust 22, 2019iQIYI reported a 15% increase in revenues for the quarter ended 30 June, totaled RMB 7.1 billion (USD 1 billion). • Membership services grew 38% to RMB 3.4 billion (USD 479 million) • Online advertising services dropped 16% to RMB 2.2 billion (USD 310 million) • Content distribution was down 4% to RMB 0.5 billion (USD 70 million) • Others category grew 82% to RMB 1 billion (USD 141 million) The company attributed the continued overall revenue growth to the solid subscription growth; while admitted that the challenging macroeconomic conditions and delayed content launches had slowed online advertising and content distribution revenue growth. “Others” revenues benefitted from the company’s acquisition of game company Skymoons.
RTL creates new digital studio in search of younger audiences and ad dollarsJuly 16, 2019European broadcaster RTL Group has announced the integration of its digital video businesses United Screens and Divimove. The multiplatform networks (MPNs) will be merged under Berlin-based Divimove. The new Divimove will represent over 1,000 digital content creators in nine European countries.Subscribers Only
ABUdigital 2019 review: Asian broadcasters look to digital to counter falling ad revenuesJuly 09, 2019The Asia-Pacific Broadcasting Union (ABU) last week held ABUdigital, a forum set up to concentrate minds on how its members should respond to declining TV advertising revenues and emerging online opportunities. IHS Markit analysts attended the inaugural ABUdigital in Kuala Lumpur, Malaysia on 3-4 July.
Netflix acquires worldwide rights to second Youku TV seriesMay 15, 2019Netflix has acquired a second original series from Chinese streaming platform Youku. I Hear You, produced and owned jointly by Alibaba-owned Youku and Chinese film studio Sugarent Film & TV, will be made available by Netflix to subscribers in all 190 markets today (15 May). In China, the 24-episode romantic comedy was premiered simultaneously on streaming platforms Youku and Mango TV on 28 January 2019. Netflix acquired Day and Night in 2017.
Nielsen moves further into addressable TV with Sorenson Media acquisitionMarch 15, 2019Information and measurement company Nielsen has unveiled addressable initiative Nielsen Advanced Video Advertising after acquiring US addressable TV technology provider Sorenson Media for $11.3 million in a bankruptcy auction. The new initiative will combine Sorenson’s addressable capabilities with Automatic Content Recognition (ACR) technology, which Nielsen acquired through its 2017 purchase of Gracenote.
Authorities fight TV and video piracy in Malaysia and SingaporeFebruary 15, 2019Governments in Malaysia and Singapore are stepping up anti-piracy initiatives as pay TV operators and online subscription platforms suffer from the impact of set-top-boxes offering illegal access to their services. The Malaysian Communications and Multimedia Commission (MCMC) held an Anti-Piracy Summit on 14 February with support from Coalition Against Piracy, the Asia Video Industry Association, TV and online broadcasters Astro, Media Prima, Dim Sum, and iFlix. The event highlighted the revenues lost by industry and government because of piracy.
NBCUniversal launching new streaming service in 2020February 12, 2019Comcast-owned NBCUniversal has announced plans for a hybrid online video service that will incorporate both an ad-supported tier and a consumer-paid subscription. Launching in the first quarter of 2020, the core target audience will be pay TV subscribers and Sky customers, meaning that the focus of the service is more of a “TV Everywhere” offer than a standalone direct to consumer subscription.
Viacom boosts direct-to-consumer pitch with $340 million acquisition of Pluto TVJanuary 24, 2019Viacom has revealed its intentions to go direct-to-consumer via the acquisition of ad-supported streaming service Pluto TV. The deal is worth a reported $340 million and will see Pluto TV operate as an independent subsidiary of Viacom. The transaction is expected to close in the first quarter of 2019.
New channel tariff regime aims to increase transparency in Indian TV marketDecember 19, 2018The Telecom Regulatory Authority of India (TRAI) has introduced a new tariff regime to all Indian broadcasters, with the aim of providing more transparency between broadcasters and pay TV operators, and more choice for the consumer. The new regime will come into effect from 1 January 2019, and broadcasters are expected to list new channel carriage fee prices on their websites ahead of the implementation. As of 16 December 2018, Zee Entertainment and Star India had listed new prices ahead of other broadcasters.
Asia TV Forum 2018 wrap-upDecember 18, 2018IHS Markit analysts attended Asia TV Forum in Singapore on 5-7 December to catch up on TV and online video market trends in Asia. Global consumer platforms Facebook and Twitter were in the speaker line-up consisted alongside TV and online video companies. Key themes we noted are as follows: 1. Partnerships and collaboration among local and regional players are seen as key to fight the power of global giants such as YouTube, Facebook, Netflix and Amazon 2. Telecommunication companies are playing a bigger role in the TV and online video market, leveraging their user base and the mobile data they own
China media watchdog continues to tighten control over foreign contentOctober 05, 2018The National Administration of TV and Radio (NATR), the newly formed Chinese media regulator, has published a draft discussion of the Provisions on Administration of Import and Broadcasting of Overseas Audio-Visual Programs. The provisions will aim to regulate the distribution of foreign content, including movies, TV shows, animation and documentaries. Media industry players were invited to comment on the draft until 19 October 2018.
Video-streaming platform Huya files for IPO in the USMay 21, 2018Huya has successfully completed an IPO on the New York Stock Exchange, raising $180 million. This comes after the company received a round of investment totaling $462 million, led by Tencent, just back in March 2018.
The media management industry moves to services-based business model, focusing on faster and cheaper workflowMay 11, 2018In the media management market, migration from selling equipment-based solutions to service-based solutions is deploying massively this year. Nearly two-thirds (62 percent) of global revenue was service-based, growing to 63 percent by the end of 2017 and expected to grow to 66 percent in 2021. The overall market grew 7 percent in 2016 and 5 percent in 2017, but this growth rate is expected to slow to 4 percent in 2021.
Indian TV advertising and online video revenues growing fast, fueled by demand for unique contentJanuary 25, 2018While digital advertising is growing fast in India driven by online video services, TV commercials remain the biggest contributor to total advertising revenues in the country with a 44.2 percent share in 2017.
India: a fast-growing TV & OTT market fuelled by demand for unique contentJanuary 16, 2018This report aims to provide an overview of the current state of the Indian TV and online video market. It also studies the impact of the burgeoning online video market in India to TV stakeholders including broadcasters, producers, and telcos.Subscribers Only
Channel 4 joins European Broadcaster Exchange to take on global platformsNovember 16, 2017Channel 4 has announced its investment in European Broadcaster Exchange (EBX), a pan-European trading platform for digital video advertising founded by free-to-air broadcasters TF1 Group (France), ProsiebenSat.1 (Germany) and Mediaset (Italy and Spain). Headquartered in London, EBX will aggregate the video on-demand inventory of its participants and allow advertisers to run regional campaigns with programmatic purchasing. It is created with an objective to allow advertisers to tap into one single source for premium video inventory on a regional scale. Subject to European competition authorities’ clearance, the four partners will each take a 25 percent stake in the business.
South Korean broadcasters launch Kocowa, a new online streaming service in the USJuly 28, 2017Three of South Korea's leading broadcasters have launched Kocowa (Korean Content Wave), an online video streaming service, in the US. The service, launched on 24 July, is backed by Korean Content Platform (KCP), a US-based joint venture company between Korean Broadcasting System (KBS), Munhwa Broadcasting Corporation (MBC) and Seoul Broadcasting System (SBS). The service offers content from these broadcasters with English subtitles, with some shows airing six hours after broadcast in South Korea.
Snap partners with Time Warner to lift mobile advertising shareJune 21, 2017Snap has signed an estimated $100 million deal with Hollywood studio Time Warner. Time Warner will create up to 10 original shows a year for Snapchat in a range of genres including scripted dramas, comedies and documentaries. These shows will run three to five minutes in a mobile-friendly vertical format. Currently there is one new show airing per day and Time Warner expects to increase this to three shows per day by the end of this year. As part of the deal, Time Warner will also commit to investing in ads from Time Warner properties like HBO, Turner and Warner Bros. on Snapchat over the next two years. Ad revenue will be split evenly between the two partners.