Or BAsia as it has been known around the office. We’re attending! And at a great time too as the OTT market is looking way up in the APAC region. Let us know if you’d like to discuss how YOU can take advantage of our OTT platform.
This year, for the first time, adults in China will spend over half of their daily media time on the internet, according to eMarketer. This is largely a result of increased government efforts to transform and develop internet infrastructure in the more rural parts of the country.
Asia Pacific OTT TV episode and movie revenues will reach $48 billion in 2024; up from the $21 billion recorded in 2018. According to the Asia Pacific OTT TV and Video Forecasts report, the total will increase by $5 billion in 2019 alone.
The FIFA Women’s World Cup France 2019 is officially underway and fans from all over the world will be tuning in for the next month. With the previous FIFA Women’s World Cup Canada 2015 garnering a record-breaking 764 million television viewers – an estimated 86 million of which watched online or via a mobile device – OTT media service providers should expect even larger viewership numbers as consuming sports content has made significant strides to become more omnichannel and convenient over the past four years.
Global online TV episode and movie revenues will reach $159 billion (€140.6bn) in 2024; more than double the $68 billion recorded in 2018, according to Digital TV Research. About $17 billion will be added in 2019 alone.
European football governing body UEFA has launched its new OTT streaming platform. UEFA TV, which the organisation claims is the first of its kind, will offer original programming based on 60 years of European football archive.
The oldest entertainment business in the United States is thriving. Thanks to shows such as “Dear Evan Hansen,” “Be More Chill,” “Hamilton” and “Harry Potter and the Cursed Child,” young people are flocking to Broadway’s 40 theaters in numbers they haven’t in decades. A record 14.8 million tickets were sold in the 2018-2019 season that ended in May. Box office receipts topped $1.8 billion, also a record.