Latest news of saudi-arabia

CJ ENM establishes a new subsidiary in Saudi Arabia 24 JUL 2025

Deals

CJ ENM establishes a new subsidiary in Saudi Arabia

Through this subsidiary, the company plans to pursue wide-ranging business collaborations across music, television, film, live entertainment, and both scripted and unscripted content. This includes the development of audition programs and artist discovery initiatives in partnership with local studios.
Saudi Arabia’s streaming boom undermined by piracy and account sharing 9 JUN 2025

Markets

Saudi Arabia’s streaming boom undermined by piracy and account sharing

Piracy in Saudi Arabia fell from 52% to 43% in late 2024 but remains among the highest in EMEA; account sharing has climbed to 35% despite streaming costs 16% below the regional average, putting pressure on revenue per subscriber across 530+ available services.