Amid the growing dominance of Amazon.com Inc.'s Prime Video and Netflix Inc., market fragmentation among numerous players remains a challenge in Japan's over-the-top industry. U-NEXT's (USEN-NEXT HOLDINGS Co.Ltd.) acquisition of Premium Platform Japan Inc.-owned Paravi marked the first major M&A transaction in the market. However, further consolidation moves are necessary for U...
READFurther consolidation of local over-the-top platforms remains a possibility in South Korea. A potential merger between two of the largest local players, CJ ENM CO. Ltd.-operated Tving Co.Ltd. and Wavve, is seen as a powerful match to combat Netflix's dominance in the market. ➤ A merger between two of the biggest local players could create a subscriber share similar to that of N...
READPrice hikes are no longer new to the mainland Chinese subscription video-on-demand market. Consumers seem to be getting used to them and are willing to pay the new fees as iQIYI Inc. of Baidu Inc. recently reported substantial subscription growth in the first quarter of 2023. Mainland China's SVOD ARPS improved 17.3% over the last couple of years in local currency. Following iQ...
READ