Tencent Video - Streamlined

Streamlined Returns; Summer Streaming Summary; Festival Circuit Redux

Asia-based streaming services such as Viu, Vidio and Catchplay are carving out market share in a hotly contested region.

While AVOD revenue was down 3%, the region’s online video sector as a whole grew by 14% to reach a combined $30.5bn, according to MPA report.

Chinese tech giant will use the platform to expand its WeTV service, which it launched in Thailand last year, across the region.

China’s streaming giants are facing multiple challenges, but are also growing subscriptions and taking tentative steps into international markets.