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25.07.2022 - 10:25 / variety.com
Patrick Frater Asia Bureau ChiefThe Asia-Pacific region is now the largest contributor to growth of the global online video industry, a major new study published Monday finds.With the U.S. and Europe fast maturing and China inaccessible, APAC’s large markets – India, Indonesia, Japan, Korea and Thailand – will be increasingly important to global platforms, said consultancy and research firm Media Partners Asia in its report “Asia Pacific Online Video & Broadband Distribution 2022.”The report, which covers the AVOD and SVOD sectors and spans China, India, Australasia, Southeast Asia as well as South Korea and Japan, shows the overall industry on course to grow by 16% in the current year to $49.2 billion.
SVOD will contribute 50%; user-generated content-driven ad-supported VOD 37%; and premium AVOD, 13%. The industry is to grow at an 8% compound average growth rate to reach $72.7 billion in 2027, with the mix of SVOD and AVOD little changed.China’s Bytedance, operator of Douyin and Tiktok, has the largest video revenue in the region with a 2022 figure close to $7 billion.
Indeed, China has three companies in the top five by revenue. MPA ranks the five largest as: Bytedance, YouTube, Tencent Video, Netflix and iQiyi.“YouTube and Meta are being challenged by ByteDance.
TikTok’s consumption continues to soar in Southeast Asia in particular, and monetization is building. YouTube still dominates in Japan and Korea,” the report notes.Within China, two long-form platforms Tencent Video and iQIYI, and two short-form video players ByteDance and Kuaishou lead.
Those four are forecast to capture some 70% of China’s online video revenue in 2022. And China, despite regulatory hurdles and increasing maturity, will remain APAC’s largest
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EVERGLOW member Aisha has been hospitalised due to a “sudden health deterioration” and will not join her bandmates at the K-pop festival HallyuPopFest in Sydney this weekend, her label says.South Korean news outlet News1 reported earlier today (August 11) that the K-pop idol had collapsed amid preparations for an undisclosed scheduled activity. Following the incident, News1 said that her label, Yuehua Entertainment, immediately took her to the hospital.In response to the report, Yuehua Entertainment issued a statement to XSports News to confirm Aisha’s hospitalisation.
EXCLUSIVE: Leading Japanese newspaper The Asahi Shimbun has signed with Storied Media Group for film and television representation. SMG will package and sell the newspaper’s content for feature films and television both domestically and internationally.
Patrick Frater Asia Bureau ChiefTikTok is gaining ground strongly on YouTube among audiences in Southeast Asia, a new study finds. And the two ad-supported streaming giants took a bite out of premium subscription services’ market share in the April-June quarter.The quarterly report, “Southeast Asia Online Video Consumer Insights & Analytics” from Media Partners Asia, shows changing audience behavior as economies and consumers in the region slowly ease away from COVID restrictions. While YouTube remains the market leader, accounting for 54% of all online video consumption in the region, TikTok gained 14 percentage points year on year, to claim a 37% share.
The stars of “The Tinder Swindler” and “Bad Vegan” are hitting out at Netflix for the way that the shows portrayed abuse and manipulation.
Good afternoon Insiders. We have truly entered holiday season but in TV and film Land things simply don’t slow down. I’m Max Goldbart and here’s your list of the week’s biggest headlines.
Patrick Frater Asia Bureau Chief“The House of the Lost on the Cape,” a Japanese animated movie which was an official selection at the recent Annecy festival will have a theatrical release in North America from Sept. 7. The film is to be distributed by Los Angeles-based Eleven Arts in association with Anime Expo and Iconic Events Releasing.
Christopher Small For the tenth time in 11 years, the Locarno Film Festival is hosting 10 international film critics from various stages of development during the 10 days of the A-list Swiss festival.Coming from places as far from the Swiss resort town as Bangalore, Melbourne, Rio de Janeiro and Jakarta, and from an even more varied matrix of backgrounds, disciplines, writing styles, and interests, participants in the anniversary edition of the Critics Academy will have the chance to interact face-to-face with a wealth of major critics, programmers, and filmmakers in attendance at Locarno.Returning after one aborted edition in the first year of the pandemic and another for which there was no public call for applications, Locarno’s incubator for aspiring professional critics takes place once again in the midst of an extraordinarily trying moment both for the art and commerce of cinema but also, perhaps even more acutely, for writing about it.
Onyx is doubling down with non-scripted with three new series.
Zack Sharf “First Kill” showrunner Felicia D. Henderson held Netflix accountable while talking to The Daily Beast about the streamer’s decision to cancel her lesbian teenage vampire series after only one season. Netflix announced the cancellation on Aug.
Korea, India and Southeast Asia climbed 21% in 2021 to reach $10.4 billion. They are forecast to grow a further 15% to $12 billion in 2022, according to the 2022 edition of the Asia Video Content Dynamics report.The report, published by consultancy and research firm Media Partners Asia (MPA), attributed the 2021 surge to key operators replenishing content pipelines after the initial waves of COVID-19 depleted programming inventories in 2020. All content verticals except theatrical generated strong gains.
Naman Ramachandran The number of U.K. households with access to a subscription video-on-demand (SVOD) service has declined, the Establishment Survey for the second quarter of 2022 by BARB, the U.K. television audience measurement currency, has revealed.
Video content budgets across India, Korea and Southeast Asia climbed 21% to reach $10.4bn in 2021, and are forecast to grow 15% to $12bn in 2022, according to a report from Media Partners Asia (MPA).
Zack Sharf Joey King will not be shamed into regretting her decision to star in Netflix’s “Kissing Booth” trilogy between 2018 and 2021. The three films were streaming juggernauts and turned King and co-star Jacob Elordi into social media superstars. The second installment remains the eight biggest Netflix original movie, with 203.9 million hours viewed in its first 28 days.While “The Kissing Booth” trilogy dominated Netflix’s streaming numbers, it tanked hard with film critics.
Brad Pitt is sharing his thoughts following the online criticism about the casting choice in Marilyn Monroe’s upcoming biopic, defending Ana De Armas in light of the backlash, as viewers have referred to her accent as “distracting.”The 58-year-old Hollywood star, who recently addressed his retirement rumors, told Entertainment Tonight that the actress is “phenomenal” in it, praising her portrayal of the icon in the Netflix project.“That’s a tough dress to fill. … It wasn’t until we found Ana that we could get [the film] across the finish line,” the actor and producer declared.And while many have mixed feelings about the apparent accent, with some users saying they don’t hear it and others saying there is a Cuban or Spanish accent in the latest trailer for the biopic, Ana revealed in January 2021 that she spent almost a year working with a dialect coach to achieve Marilyn’s signature voice.“It took me nine months of dialect coaching, and practicing and some ADR [automated dialogue replacement] sessions,” the actress previously said.
Ana de Armas has the support of the Marilyn Monroe estate ahead of the release of Netflix's, where she portrays the icon. Last week, a trailer was released for the movie, which sparked some criticism over de Armas' accent not necessarily matching up to Monroe's voice. While the film, based on Joyce Carol Oates' book of the same name, is not authorized by the late actress' estate, they support de Armas' portrayal of Monroe.«Marilyn Monroe is a singular Hollywood and pop culture icon that transcends generations and history,” Marc Rosen, president of entertainment at Authentic Brands Group (ABG), which owns the Marilyn Monroe Estate, said in a statement to.
Naman Ramachandran The nearly moribund Bollywood family drama genre is set for a revival with “Raksha Bandhan,” directed by Aanand. L.
Patrick Frater Asia Bureau ChiefAmazon is to launch localized versions of its Prime Video streaming platform in three countries in Southeast Asia. It will accompany the business initiative with fresh investments in local content.The service will launch in Indonesia, Thailand and The Philippines from Monday.
Patrick Frater Asia Bureau ChiefOne of the two dancers injured by a falling LED screen at a Mirror concert in Hong Kong has been discharged from hospital. The other remains in a critical condition.Hong Kong authorities are now considering how to bend the city health regulations, which would normally require the overseas family of the still-critical dancer to endure a week of quarantine on arrival.