Digital TV News: Tencent

DAZN Edge platform expands coverage in Europe with MainStreaming
Sep 16, 2023 – MainStreaming has announced the continued expansion of the DAZN Edge platform in DAZN’s core European markets. DAZN Edge is built with MainStreaming's proprietary Video Edge technology.
News categories: MainStreaming, DAZN, Antonio Corrado, Robin Oakley, Content Distribution, Digital TV, Europe, Streaming

Astro adds WeTV to its Ultra Box
May 23, 2023 – Astro has added WeTV, a streaming service from Tencent, to its Ultra Box. Astro customers can access the entertainment content by adding WeTV VIP to their Astro subscription.
News categories: Astro, WeTV, Apps, Digital TV, Malaysia, Set Top Box

Global AVOD revenues to have grown $50 billion by 2028
Apr 24, 2023 – According to Digital TV Research, global AVOD revenues will reach $91bn in 2028, up from $41bn in 2022. The US will contribute 41% to the 2028 total, adding $20 billion between 2022 and 2028.
News categories: Digital TV Research, Simon Murray, Digital TV, Market Research, Streaming, Worldwide

Hybrid AVOD-SVOD tiers to boost global AVOD revenues
Nov 21, 2022 – According to Digital TV Research, global AVOD revenues for TV series and movies will reach $91 billion in 2028, up from $38 billion in 2022. The top 10 countries will represent 81% of the world’s total by 2028.
News categories: Digital TV Research, Simon Murray, Digital TV, Market Research, Streaming, Worldwide

Asia Pacific online video revenue to grow to $73 billion by 2027
Jul 25, 2022 – Analysis released by Media Partners Asia (MPA) has indicated that total Asia Pacific online video industry revenue will grow by 16% year-on-year in 2022 to reach $49.2 billion. SVOD will contribute 50%; UGC AVOD, 37% and Premium AVOD, 13%.
News categories: Media Partners Asia, Vivek Cout, Asia, Digital TV, Market Research, Streaming

Tencent Video available in NetRange Smart TV app store
Jun 30, 2022 – NetRange has announced that it has been selected by Tencent Video to power the international expansion of its WeTV service by reaching new Smart TV and connected device users through the NetRange Smart TV App Store.
News categories: ACCESS CO, NetRange, WeTV, Michi Uemetsu, Apps, China, Digital TV, Smart TV, Streaming, Worldwide

Asia Pacific OTT revenues to climb by $20 billion
Mar 24, 2022 – According to Digital TV Research, Asia Pacific OTT TV revenues will reach $52bn in 2027, up 62% from the $32bn recorded in 2021. Of the additional revenues, China will add $3bn, India $3bn, South Korea $3bn and Japan $5bn.
News categories: Digital TV Research, Simon Murray, Australia, China, Digital TV, India, Japan, Korea, Market Research, Streaming

CDN market expected to more than double to $23.9 billion by 2030
Mar 22, 2022 – ABI Research expects the global CDN market to more than double by 2030, reaching $23.9 billion. The growth is driven in part by services beyond core content delivery and caching. The buildup to the metaverse will create additional growth opportunities.
News categories: ABI Research, Michael Inouye, Content Distribution, Digital TV, Market Research, Worldwide

Global SVOD subscriptions to grow by 550 million between 2021 and 2027
Feb 22, 2022 – According to Digital TV Research, Global SVOD subscriptions will increase by 550 million between 2021 and 2027 to reach 1.75 billion. China and the US will together account for 48% of the world’s total by 2027.
News categories: Digital TV Research, Simon Murray, Digital TV, Market Research, Streaming, Subscribers, Worldwide