Digital TV News: Tencent

Google's share of global digital media revenues declined in Q2
Oct 29, 2020 – According to Strategy Analytics, while it's still the world's largest digital media company by some distance, Google’s digital media revenues fell by 7.0% in Q2 2020 to $38.3B, causing its market share to fall from 29.0% in Q1 2020 to 26.3% in Q2.
News categories: Strategy Analytics, Michael Goodman, Digital TV, Market Research, OTT, Worldwide

COVID-19 boosts mobile content spend 28% in 2020
Oct 6, 2020 – COVID-19 will boost worldwide revenue on content consumed on mobile phones by 28% in 2020 according to Strategy Analytics. Over the next five years mobile media revenue is expected to approach $860 billion.
News categories: Strategy Analytics, David Kerr, Nitesh Patel, Content Distribution, COVID-19, Digital TV, Market Research, Mobile, Worldwide

Strong 1H 2020 for Online Video in Southeast Asia
Sep 29, 2020 – Total video streaming minutes on mobile grew 30% Q/Q in Q1 2020 across four Southeast Asia markets and a further 19% Q/Q in Q2 to reach 657 billion, according to a study published by Media Partners Asia (MPA).
News categories: Media Partners Asia, Vivek Couto, Asia, Digital TV, Market Research, OTT, Subscribers

Chinese streaming platforms taking over SE Asian markets
Aug 25, 2020 – The Southeast Asian streaming industry has seen considerable changes this last year as Chinese streaming services have been taking over a large part of viewers and investing in local content, according to Dataxis.
News categories: Dataxis, Cambodia, Digital TV, Indonesia, Malaysia, Market Research, Myanmar, OTT, Philippines, Singapore, Thailand, Vietnam

AOMedia working group formed to promote AV1
Aug 20, 2020 – The Alliance for Open Media (AOMedia) has announced the formation of the AOMedia Software Implementation Working Group (SIWG), a member-driven initiative to aid the development of AOMedia AV1 products and services.
News categories: AOMedia, Ioannis Katsavounidis, Xiang Li, Hassene Tmar, Content Distribution, Digital TV, Media Player, Worldwide

MC-IF initiates moves to create a VVC patent pool
Jul 22, 2020 – The MC-IF is inviting those holding patents (or patent applications) potentially essential to the Versatile Video Codec (VVC) standard to participate in a first meeting to foster the formation of a patent pool.
News categories: MC-IF, Stephan Wenger, Jud Cary, Content Distribution, Digital TV, Licensing, Media Player, Patent, Worldwide

Tencent Cloud and SDMC launch cloud-based SaaS video streaming services
Apr 29, 2020 – Tencent Cloud has signed an MOU with SDMC. Leveraging Tencent Cloud's technology and SDMC's experience in OTT, the parties will offer SDMC XMediaTV Cloud, a cloud-based SaaS video streaming solution for OTT operators around the globe.
News categories: Tencent Cloud, SDMC, Poshu Yeung, David Li, China, Content Distribution, Digital TV, OTT, Worldwide

Asia Pacific set for 417 million SVOD subscribers
Mar 30, 2020 – Despite the negative impact from the coronavirus and the Chinese economic downturn, Asia Pacific will have 417 million SVOD subscriptions by 2025, up from 269 million in 2019, according to Digital TV Research.
News categories: Digital TV Research, Simon Murray, Asia, Digital TV, Market Research, OTT, Subscribers

OTT video revenue to grow to over $200 billion by 2024
Jan 28, 2020 – The Over-the-Top (OTT) video market will surpass US$200 billion by 2024, with 90% of that value fueled by subscription and advertising revenue, according to ABI Research. Subscriptions in the Asia-Pacific region have grown significantly.
News categories: ABI Research, Michael Inouye, Digital TV, Market Research, OTT, Worldwide