According to Omdia, successful launches in Indonesia, Singapore, Malaysia, and Thailand over the past twelve months will see Disney accumulate close to five million subscribers this year.
Turkish drama “Resurrection Ertugrul,” produced for TRT and globally distributed by Mistco, is set to be launched in Malaysia, Colombia, Fiji Islands, and Latin America through an OTT platform that the company has not yet announced.
Total online video weekly streaming minutes on mobile grew 60% in aggregate across Indonesia, Malaysia, the Philippines and Singapore between January 20 – April 11, 2020, according to Media Partners Asia (MPA).
The region's revenue is predicted to grow at a slow rate from US 1.07 billion last year to USD 1.08 billion in 2024, with revenue generated per pay-TV service user projected to decline until next year. Growth is expected during the 2022-2024 seasons.
The Chinese social media and entertainment giant announced the purchase of the assets of the Malaysian streaming platform, which despite having a presence in 13 countries in Southeast Asia was in serious trouble and was looking for a buyer.