The household penetration of subscription video on demand services in Malaysia is expected to increase from 22% in 2022 to 41% in 2027, according to GlobalData.
This interest is also obvious in households subscribing to a paid streaming service, SVOD. Half of the Nordic SVOD households say they are willing to pay extra for a bigger supply of local movies and series.
Content powerhouse Banijay announced the launch of Screen Line Productions, a new scripted label that will sit within Banijay France and will be operated by Alexia Laroche-Joubert and Frédéric Lussato.
Banijay has signed an agreement to acquire a majority stake in Balich Wonder Studio, aiming to build a stand-out, global media and entertainment powerhouse.
Fremantle’s Lux Vide has expanded its facilities with the launch of a brand new fifth production studio to help create more original content in house, and further accelerate its local and international vision.