Digital TV News: Hotstar

India's SVOD market to generate $2.1 billion in 2028
May 29, 2024 – GlobalData expects SVOD revenue in India to grow at a CAGR of 6.7% from $1.5bn in 2023 to $2.1 billion in 2028, driven by healthy growth in subscriptions and unique household penetration.
News categories: GlobalData, Hrushikesh Mahananda, Digital TV, India, Market Research, Streaming

Multiplay service revenue in India to grow at 4.5% CAGR
May 23, 2024 – Multiplay service revenue in India is expected to grow at a CAGR of 4.5% between 2023 and 2028 on the back of improving fixed network infrastructure in the country, according to GlobalData.
News categories: GlobalData, Pradeepthi Kantipudi, Broadband, Digital TV, Fibre, India, Market Research, Mobile, Streaming

Vi announces ultimate entertainment app
Mar 27, 2024 – Vi has introduced an entertainment app, Vi Movies & TV, providing access to 13+ OTT apps, 400+ live TV channels, and complimentary access to several content libraries - all under one roof.
News categories: Vodafone Idea, Avneesh Khosla, Apps, Digital TV, India, Streaming

Viacom18 to be merged into Star India
Feb 28, 2024 – Reliance Industries, Viacom 18 Media and The Walt Disney Company (NYSE:DIS) have signed agreements to create a JV that will combine the businesses of Viacom18 and Star India.
News categories: The Walt Disney Company, Reliance Industries, Bob Iger, Mukesh D Ambani, Nita M. Ambani, Uday Shankar, Digital TV, India, MandA, Streaming

Disney reports earnings for quarter ended December 30, 2023
Feb 7, 2024 – The Walt Disney Company (NYSE: DIS) has reported results for the quarter ended December 30, 2023. Disney+ Core subscribers decreased sequentially by 1.3 million in the quarter.
News categories: Walt Disney Company, Digital TV, Results, Streaming, Subscribers, USA, Worldwide

Prime Video ads to generate over $2bn in revenue in 2024
Jan 30, 2024 – Analysis from Omdia reveals that ad-supported Prime Video is set to generate more than $2bn in incremental revenue in 2024, its launch year, in addition to revenue already generated by ads during live sports.
News categories: Omdia, Matthew Bailey, Advertising, Digital TV, Market Research, Streaming, Worldwide

Growth in global SVOD subscriptions to continue
Nov 27, 2023 – Digital TV Research expects global SVOD subscriptions to increase by 321 million between 2023 and 2029 to reach 1.79 billion. The US will add 30 million, Brazil 23 million and India 27 million.
News categories: Digital TV Research, Simon Murray, Digital TV, Market Research, Streaming, Subscribers, Worldwide

Asia Pacific OTT revenues to grow by $15 billion
Sep 7, 2023 – According to Digital TV Research, Asia Pacific OTT revenues will reach $49bn in 2029, up from $34bn in 2023. This comes despite China maturing rapidly and India experiencing SVOD shake-up.
News categories: Digital TV Research, Simon Murray, Asia, Digital TV, Market Research, 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