Digital TV News: Tencent

Premium video captures 10% of video streaming minutes in SE Asia
May 18, 2021 – Premium video platforms, led by Netflix, Viu, WeTV, iQIYI and Vidio, captured 10% of total video streaming minutes in Q1 2021, according to a study published by Media Partners Asia (MPA).
News categories: Media Partners Asia, Analyst Dhivya T, Asia, Digital TV, Market Research, OTT

Asia Pacific online video to reach $55 billion by 2025
Jan 11, 2021 – Media Partners Asia (MPA) has reported that the Asia Pacific online video industry grew revenue by 14% Y/Y in 2020 to reach US$30.5 billion. SVOD overtook AVOD to contribute 53% of total revenues; AVOD contributed 47%.
News categories: Media Partners Asia, Vivek Couto, Asia, Digital TV, Market Research, OTT

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