Asia Video Industry Assoc

The Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. AVIA evolved from Casbaa in 2018.

[Asia Video Industry Assoc @Casbaa]

CASBAA has since changed to Asia Video Industry Association (AVIA). Follow @AsiaVideoIA for the latest events and updates.

Don't forget to follow us on other social media platforms as well!

Facebook - https://t.co/VMpnUht07p
LinkedIn - https://t.co/Nel8suuXE7

[Asia Video Industry Assoc @Casbaa]

Netflix shined its crown as the reigning sovereign of the premium streaming-video world in the second quarter of 2024. It turned in another enviable report, packing on 8 million new subscribers (a record Q2 gain) to stand at 277.7 million worldwide.

https://t.co/o8G2Gofz3m

[Asia Video Industry Assoc @Casbaa]

In today’s streaming world, with so many platforms and abundance of content from which to choose, what’s worth paying for?

https://t.co/tBmk9hWc2f

[Asia Video Industry Assoc @Casbaa]

CNN Worldwide CEO Mark Thompson unveiled more details of a “one newsroom” strategy to merge linear and digital newsgathering, while he announced that about 100 employees would be impacted by staff reductions.

https://t.co/SbqaOffLqc

[Asia Video Industry Assoc @Casbaa]

The federal government has passed legislation to boost the 16.5 percent location to 30 percent. The near doubling of the location offset will apply to local Australian movies but with a catch.
https://t.co/I2TnU2LlsJ

[Asia Video Industry Assoc @Casbaa]

Recognizing the content industry as the country’s next growth engine, South Korea unveiled a series of strategies to support the content industry, including opening up policy funds to global capital.

https://t.co/pGvYpAlp6N

[Asia Video Industry Assoc @Casbaa]

Some 42 percent of U.S. consumers regularly subscribe, cancel and then resubscribe to SVOD services, Ampere Analysis notes, with bundling expected to have a significant impact in mitigating subscriber churn.

https://t.co/IXxGIwejUV

[Asia Video Industry Assoc @Casbaa]

Ads are now being accepted as a fair exchange for quality content sans the exorbitant prices, say industry watchers on the OTT landscape.

https://t.co/k1QAccDBEe

[Asia Video Industry Assoc @Casbaa]

In a landmark deal that will shake up the entertainment landscape, Shari Redstone has agreed to sell control of Paramount Global to a consortium led by Skydance, the production company helmed by David Ellison, and Gerry Cardinale’s RedBird Capital.

https://t.co/UFqEPhsstu

[Asia Video Industry Assoc @Casbaa]

The number of digital video subscriptions worldwide will reach 3.5 billion by 2028, per a new study from Juniper Research, a 14 percent gain from the 3.1 billion subs this year.

https://t.co/lUynsLa79m

[Asia Video Industry Assoc @Casbaa]

Netflix was again the top choice of viewers responding to an annual Solutions Research Group survey of “must-keep” TV services that also saw a surge in consumer interest for free ad-supported streaming (FAST) channels.

https://t.co/3QhgKL0MAR

[Asia Video Industry Assoc @Casbaa]

The huge escalation in fees is big for the major leagues and a lesson in basic economics for media companies: When something of great value is relatively scarce, the price is going to be high.

https://t.co/5Yg7Gbjx8I

[Asia Video Industry Assoc @Casbaa]

Rock Entertainment has announced the launch of its new FAST Channels, Jelly Jamm World and Free Movies on sooka, a Malaysian streaming app for global and local LIVE sports, Asian entertainment, children’s entertainment and curated local Originals.

https://t.co/EUDQrC5DeE

[Asia Video Industry Assoc @Casbaa]

In the first quarter of 2024, Netflix and Amazon have reasserted their dominance in original content commissioning for streaming platforms, according to a new report by Ampere Analysis.

https://t.co/1rGACZ2sRx

[Asia Video Industry Assoc @Casbaa]

As major direct-to-consumer platforms find themselves plagued with churn — people unsubscribing often — specialty focus has helped services like Crunchyroll, Shudder, Acorn TV and Cineverse.

https://t.co/GGXZLoVxso

[Asia Video Industry Assoc @Casbaa]

Research from Parks Associates shows shifts in demand for streaming video services in the US, including a significant drop in spending.
https://t.co/Gvon40aX79

[Asia Video Industry Assoc @Casbaa]

Global pay-tv revenue - led by the United States - will fall to $118bn in 2029, down from $141bn in 2023, despite the number pf pay-tv subscribers actually increasing slightly.

https://t.co/nYQhkNQuOD

[Asia Video Industry Assoc @Casbaa]

NETFLIX is ramping up local production in South-east Asia, aiming to boost its subscriber base in the populous region even as rivals in the United States are pulling back.

https://t.co/iqUt9Ozv4F

[Asia Video Industry Assoc @Casbaa]

Consumer tolerance for ad-infused video streaming subscriptions is hardier than once believed; more platforms believe their future lies in advertising.
https://t.co/gQQZNamO5E

[Asia Video Industry Assoc @Casbaa]

The telecom and pay-TV landscape in Japan is poised for significant growth over the coming years with revenue projected to climb from $97.6b in 2023 to $108.3b in 2028, analytics firm GlobalData reported.

https://t.co/XAd4hjPvhw

[Asia Video Industry Assoc @Casbaa]

Mark your calendars for AVIA's upcoming conferences! New dates have been announced for Korea in View, Vietnam in View, Japan in View and the OTT Summit. Heading to BCWW? Korea in View will now be co-located at COEX, Seoul. Visit https://t.co/3wEqgKAuX1 for more information.