Almost half of Thai consumers are using an "Illicit Streaming Device" (ISD) to access pirated video content, according to a study commissioned by the Asia Video Industry Association's Coalition Against Piracy.
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Media Partners Asia (MPA) projects that online video operators in the Asia Pacific will spend some $31.5 billion on content by 2023, up from $16.6 billion this year.
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Content expenditure on TV, movies and online video in India, Korea, Indonesia, Malaysia, the Philippines, Thailand and Vietnam rose by 8 percent last year to top the $10 billion mark, according to Media Partners Asia (MPA).
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A new report from Media Partners Asia (MPA) projects that the value of sports media rights in the Asia Pacific excluding China will hit $5 billion this year, a 22-percent increase on last year, boosted in large part by OTT players entering the market.
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Vivek Couto, executive director of Media Partners Asia, discussed key trends in AsiaPac’s video industry at the official APOS opening this morning and weighed in on factors that will impact the future of the business.
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Over the next five years in Asia—excluding China—Facebook, Amazon, Netflix and Google (FANG) will retain more than 60 percent of online video revenues, Media Partners Asia (MPA) reports, with local players making incremental gains in markets such as India, Japan and Korea.
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Asia-Pacific pay-TV networks owned by global media groups saw revenue and profit gains in 2017, largely driven by growth in India, according to new research from Media Partners Asia (MPA).
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