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SPI/FilmBox and Canal+ Group, a major international pay TV player operating in 40 countries in Europe, Asia Pacific and Africa, announced the launch of SPI’s combat sports entertainment destination FightBox on the latter’s platform in Ethiopia.

The idea $400 million film studio stemmed from a boom in film production and the unique sceneries of the region. The studio complex will include four sound stages, water tank, animation, and post-production facilities.

Consumer spending on video in Asia Pacific grew 9% during last year to reach US$58.3 billion in aggregate, and is projected to rise 6% CAGR to US$79.3 billion, according to new analysis and research released by Media Partners Asia.

OTT television episodes and movies revenues for 22 countries in the Asia Pacific region will reach $54 billion in 2026, up by 90% from the $29 billion recorded in 2020, according to Digital TV Research’s latest report.

ARTE has picked up the title for French and German territories as well as National Geographic has acquired the series for channels in Asia, the Middle East, North Africa, Australia, NZ and the Pacific Islands and CMG for China.