In the Asia-Pacific region, viewing of horror TV and film on Netflix grew by 20% from 2020 to 2021. Over the same period, viewing hours of horror content in Southeast Asia increased by over 40%.
With the growing popularity of free, ad-supported streaming services and ad-supported tiers of subscription services, TV consumers are not only accepting ads, but in some cases embracing them, according to Hub.
The Los Angeles-based production and distribution company Electric Entertainment has announced the closing of a US$100 million loan credit facility with Bank of America.
Lee will be responsible for developing strategic partnerships to help Cinedigm expand its business in the global streaming marketplace with an emphasis on the rapidly-growing Asia-Pacific market.