Tag: SVOD

  • 17 mn SVoD homes to generate $ 1.8 bn in West Asia & Africa by ’22

    MUMBAI: Middle East (West Asia) & North Africa OTT TV episodes and movies will generate revenues of US$1.75 billion by 2022; more than quadruple the US$428 million recorded in 2016.

    According to the Middle East and North Africa OTT TV & Video Forecasts report, SVoD’s dominance of the sector will grow. SVoD revenues will reach $1.23 billion by 2022 (or 70% of the OTT total); nearly $1 billion more than the 2016 total (56% of OTT revenues).

    Digital TV Research forecasts 17.27 million SVoD homes by 2022, up from 3.74 million recorded by end-2016. Turkey will remain the leader by some distance, having established a major local player as far back as 2011.

    The top six regional platforms (Netflix, Amazon Prime Video, Icflix, Starz Play, Iflix and Shahid Plus) will account for 39% of the region’s SVoD subscribers by end-2022, up from 34% in 2016. Extracting Israel and Turkey, these six platforms will account for 78% of SVoD subscribers by 2022 – down from 88% in 2016.

    Netflix will be the largest pan-regional SVoD platform by 2022, with an expected 3.26 million paying subscribers. This is more than quintuple the 2016 total. Longer-established Icflix will cross 2 million subscribers by 2022 – quadruple its 2016 total. Starz Play will add a further 1.60 million. Our forecasts of 695,000 subs for Iflix by 2022 only cover six of its eight current countries in the region.

    Digital TV Research principal analyst Simon Murray said: “A handful of mobile operators such as Orange, Zain, Ooredoo, Etisalat and Vodafone have assets across several countries. SVOD platforms can gain considerable economies of scale by signing distribution deals with mobile operators. Deals between mobile operators and SVoD platforms are already prevalent in the Middle East and North Africa – offering an example for the rest of the world to follow.”

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    Just 11% video viewership is on OTT: Akamai’s Reddy

    Synergy between quality content & branding workable in digital space, feel industry experts

  • Synergy between quality content & branding workable in digital space, feel industry experts

    MUMBAI: Providing young ‘jobbers’ in India with new, engaging and emotionally-connecting original OTT content that may be closer to their life, family or work situations with or without subtle brand integration would eventually lead to a pay-model (SVoD). And, that seemed to the underlying theme of ‘Expanding the content creator value chain’ session at the recent Vidnet 2017 organised by Indiantelevision.com in Mumbai.

    Moderator Sidharth Jain opened the discussion with four interesting models of the evolving OTT content some of which, as claimed, got 100 million views. One was the self-funded yet reasonably successful model of a Bollywood struggler, Navjyot Gulati’s short film ‘Best Girlfriend’. The second was Jyoti Kapur-Das’ Royal Stag branded ‘The Chutney’. The third experiment was YouTube-discovered Tamil director, who used his film proceeds to part-fund an original episodic series on Hotstar, and the fourth was the recent Amazon Prime-commissioned ‘Inside Edge’ model, which is loosely based on IPL and its evolution.

    Given this context, especially in the last two years, where did the panelists think the opportunities for content creators were? How could one use these learning to draw up strategies? Who is creating value and opportunities for creators? These were some of the posers by Jain to panelists, which included Reliance Broadcast Network Limited CEO Tarun Katial, Still and Still Media Collective founder Amritpal Singh Bindra, Monozygotic’s Raghu Ram, Viacom18 Digital Ventures head of content Monika Shergill and Perform Group director, content sales, India, Subhayu Roy.

    “Independent content creators getting some 100 million views underlines my impression that platforms (films, television or digital) dictate the kind of entertainment that will be produced let alone what will work and what won’t,” said Ram, adding that he believed television was for group viewing and mobile for individual viewing, which made all the difference.

    Monozygotic’s ‘Aisha My Virtual Girlfriend’ pocketed several international awards. “A lot of unconventional people who have been struggling in films and television,” Ram felt, “will find their voice on digital.”

    However, the nascent OTT industry is still experimenting, it seems. “Honestly, I feel, we have just begun. And, those who claim they know it all or have figured it out, are talking through their hat,” said Voot’s Monika Shergill. Though, she added that digital was an exciting and formula-breaking medium where people were “judging you all the time.”

    Referring to `It’s Not That Simple’ (Swara Bhaskar’s six-episode web series launched in October 2016), Shergill said that nobody was programming for women at that point in time and most shows were being made for “young, urban boys”. But, Voot chose to a show a disruptive subject for a mature female audience. “It was narrated and depicted tastefully and thought provokingly done,” she explained, highlighting serious subjects too could work brilliantly on a digital platform.

    Dwelling on demographics and experimenting with originals going forward, Shergill said Voot’s core TG was 18-30 years. “There is a misconception that we (OTT players) are catering to a very young or college-going audience,” she said, “But, in fact, we are targeting around 10 million first-jobbers who may have moved away from television and actively looking for stories that talk to them.”

    Rejecting a recently-coined phrase that OTT viewers and content lie “between Narcos and Naagin” as a headline-catching phrase, Shergill was of the opinion a large part of the Indian audience, however, was looking for good stories (and) not necessarily emotionally connecting with those (international) characters. “They (the audience) are looking for answers — life’s answers, which are closer to family and work situations,” she justified her stand on audience’s need.

    However, not everybody seems to have a definite handle on the kind of content that really worked. “Whether it is 10, 12 or 25-minute-series, nobody can guarantee the viewer’s attention as analytics may have found out,” Amritpal Singh said, admitting that a good story couldn’t be “supplemented, complemented or replaced” for sure. Singh has worked on all three formats of films, television and digital.

    While admitting that people learnt new tricks everyday in the digital space RBNL’s Katial felt like the cinema audience changed from single screen theatres to that of a multiplex with everybody becoming a multiplex audience eventually, the digital audience also is changing evolving. “Crucial changes took place (in the audience profile) after the arrival of Reliance Jio…the profile of the video viewer changed completely,” he asserted, explaining that digital has opened up a new class of viewers.

    “Although, on the digital platform one gets the time and space to do newer stuff and feel satisfied, I don’t think anybody is going to make path-breaking shows such as `Narcos’ for sometime (in India) until the audience evolves and stabilizes,” Katial said, adding, however, the journey would be “enriching” — there would be actually opportunities to do many different things.

    Does one needs to look at segmentation such as regional content, low cost or premium content, regional or pan-India market? It could work sometime. Katial highlighted the case of a Hispanic series with English sub titles, a take-off on Narcos, which did well on Netflix, connecting with the audience.

    “This average underdog story with greed, love and lust has reached somewhere, but it may not seem to do well on traditional television in India. But, we have an audience which is willing to experiment,” Katial remarked, adding that though in India there is also a segment of audience that is more confortable with content in their regional language.
    But speaking on segmentation, Katial also said there existed a section of ‘free audience’ on OTT such as FTA in the television space. “The SVoD audience is different from the AVoD audience. The former loves quality content, “he added.

    However, OTT or digital space is not about just fiction — of good quality or otherwise. Sports globally not only are a big attraction, but also revenue earners. And, India too is following that trend, albeit slowly.

    UK-based Perform Group’s Subhayu Roy said it was important to offer content that resonates with the audience. In the west, sports broadcasters did a magazine-kind programming before or after a game giving audiences options such as highlights, best shots at the goal, for example and analysis.

    “One could experiment with that magazine programming thought process in India. With that, one could manage to have a fresh set of audience and break the formula to content creation,” Roy argued.

    Talking about the fiction versus non-fiction, Ram said that they were yet to come up with something that was native to digital, while Shergill felt “non-fiction originals” on OTT had a limited shelf life —like a bursting of a big cracker. But, both of them agreed engagement with the audience was important. `MTV Roadies`’ consumption numbers (on digital) paralleled television and `Big Boss’ too had similar numbers, it was claimed.

    Do digital audiences seek free content or support from brands is critical? While agreeing that brand integration was important, Shergill said, “One needs a revenue model with brand support for the kind of stories that you want to tell. But we have not limited ourselves to that. We have gone ahead and invested in quality content. We did several shows last year and invested in originals pipeline. Now, we are ready with our next slate of shows. If a brand comes on board, it will be good, but quality hasn’t been compromised on.”

    The audience is more open to the idea of subliminal kind of branding as compared to the ‘Paas Paas’’ in-the-face branding, Bindra felt.

    Panelists also agreed that Indians generally struggle with the concept of paying for good — especially original and quality content. “Indians have traditionally struggled with the idea of paying for content. It does not come to them naturally. But, it will eventually happen. One needs to create the kind of content that justifies the kind of subscription they pay,” Bindra explained.

  • Indian online video to grow to US 1.6 bn at 35 percent CAGR by 2022

    MUMBAI: Media Partners Asia (MPA) estimates that the Indian online video industry generated approximately US$ 230 million in total sales in 2016, and is on course to reach approximately US$340 million in 2017. MPA projects a 35 percent CAGR to 2022 as total industry sales top US$1.6 billion.

    Further, the MPA report entitled Asia Pacific Online Video & Broadband Distribution, says that the Asia Pacific online video market will scale to US$ 46 billion by 2022, with China contributing more than 75 percent. MPA indicates that online video revenues, including net advertising and subscription fees, will grow at a 21 percent CAGR across the region between 2017 and 2022, climbing from US$17.6 billion in 2017 to US$46 billion by 2022.

    Said Mumbai-based MPA Vice President Mihir Shah: “In 2016, Jio’s 4G launch intensified competition slashing mobile data prices. The currency demonetization initiative by the government, implemented towards the end of 2016, also helped spur a significant improvement in the digital payments infrastructure in the country. Both these events have served as catalysts for online video consumption and monetization. By 2022, SVOD will account for 17 percent of the online video market in terms of revenues. Online video consumption will remain dominated by YouTube with domestic challengers Hotstar and Voot performing robustly but in a distant second and third place, respectively.”

    China will continue to contribute the lion’s share of customers and revenues to the online video industry in Asia Pacific, garnering 85 percent of SVOD customers and 78 percent of online video sector revenues by 2022. Such growth and scale reflects: (1) Wide-scale investment in original and acquired OTT content, including early and exclusive windows; (2) A weak market for traditional pay-TV, creating an opportunity for premium content distribution and monetization through online video; (3) Steady improvements in broadband reach and infrastructure, as well as increased adoption of smart TVs and set-top boxes; (4) Consumer adoption of seamless payment systems, developed by the owners of some of the most popular online video services, who are also leveraging data analytics and bundling to create new cohesive new ecosystems for content, commerce and communication. China’s online video market is largely ad-supported but with subscription’s share of revenue hitting 33 percent in 2017 (compared to 18 percent in 2015 and 26 percent in 2016), prospects for a demand-driven subscription model remain bright.

    Japan, Australia, India, Korea and Taiwan will emerge as the markets ex-China with the most scale in online video revenues and distribution. This reflects robust payment infrastructure, including in India, along with the growth of advertising-funded platforms and the steady rise of premium, subscription-based platforms. Piracy and under-developed payment infrastructure will continue to limit growth across much of Southeast Asia although increased broadband penetration (led by mobile connectivity) positions telcos as key partners to drive online video revenues. Online video advertising, in particular, remains a scalable and vital opportunity in Southeast Asia while SVOD revenues will grow rapidly from a very low base.

    Said MPA executive director Vivek Couto: “Advances in telecoms and payment infrastructure continue to point the way forward for the online video sector in Asia Pacific, although business models and regulations continue to evolve in a sector that’s still nascent in most territories. Key trends are emerging: (1) Services anchored to nimble, robust and sustainable business models – built around strong execution and scalable content consumption – are rising to the top; (2) Access to local and Asian content is increasingly essential in almost all markets, while demand for recent windows for franchise-based Hollywood product is also robust. Demand for original content along with movies, kids content and sports is also becoming more important; (3) Content curation, packaging and pricing remain critical, along with brand equity. Telecom operators, which have been focused on either paid conversion or mass reach to drive value, are increasingly moving to tighter payment per consumption models in pursuit of ROI across key video partnerships; (4) The value of branded destinations will increase rapidly within the online video ecosystem as platforms and operators forge partnerships with broadcasters and content players; (5) Leading local and regional players ex-China will start to capitalize on a massive online video advertising opportunity, hitherto dominated in the main by YouTube.”

    According to MPA, the online video advertising pie in Asia Pacific will grow from under US$12 billion in 2017 to more than US$25 billion by 2022. Ex-China, this opportunity equates to US$7 billion by 2022 versus US$3 billion in 2017. YouTube and to some extent Facebook will remain dominant, with an average 75 percent market share of online video advertising between them ex-China by 2022, versus 85 percent in 2017. Japan, India and Australia, followed by Korea, will be the biggest online video ad markets after China over this period. In SVOD, consumer spend ex-China will accelerate from a low base as revenues reach ~US$3.1 billion in 2022 versus US$1.5 billion in 2017. Japan and Australia will account for a combined 55 percent of value by 2022 versus 68 percent in 2017. Southeast Asia’s contribution will climb rapidly from a mere 9 percent in 2017 to 15 percent by 2022. Indirect SVOD revenues, which reflect wholesale fees paid by telcos to online video platforms as part of bundling and integration agreements, will remain important in the medium term but become less significant longer-term. Even in the short-to-medium term, telecom operators are recalibrating their approach to ROI with a greater focus on payment per consumption models. Ex-China, SVOD indirect fees will grow from only US$110 million in 2017 to US$213 million by 2022. Average SVOD subscriber penetration of the population will only reach 9.8 percent in 2017. This should increase to ~19 percent by 2022 as total SVOD subs, including direct and indirect connections, scale from 341 million in 2017 to 676 million by 2022 (from 58 million to 102 million ex-China).

    Exponential growth of mobile internet connectivity, combined with a slow but steady transition to next-generation fixed broadband, will provide a significant boost to online video consumption, reach and monetization. According to MPA, data revenues across fixed and mobile networks in Asia Pacific are sizable at US$236 billion in 2017. These will reach US$318 billion by 2022, with the ex-China market size at ~US$175 billion by 2022 versus US$126 billion in 2017. Average mobile broadband penetration will reach 73 percent per capita by 2022 versus 59 percent in 2017, with some of the biggest growth coming from India, Indonesia, the Philippines, Thailand and Vietnam. Average fixed broadband penetration will grow steadily from 44 percent to 52 percent of households over 2017-22, with the focus increasingly on upgrading high-speed networks using fibre and next-generation cable technologies.

  • How do viewers engage with OTT videos

    MUMBAI: Akamai Technologies, a cloud delivery platform, has released new research demonstrating how quality of video resolution and playback affects viewers’ engagement with and loyalty to over-the-top (OTT) video streaming services. Conveyed through advanced biometric measurement tools including facial coding and skin conductance, the findings underscore the importance of delivering consistent, high-quality video across any OTT business model.

    Akamai research measures viewers’ physical and emotional reactions to buffering and low-quality video; shows disengaged viewers in both free and subscription-based (SVoD & AVoD) models.

    According to the study conducted by third-party research firm Sensum, viewers disengage with emotive storylines and react negatively to low-quality streaming incidents like buffering regardless of the brand or interest in the content. The research shows negative emotions increase 16 per cent while engagement decreases nearly 20 per cent as a result of these poor experiences. The survey also demonstrates that 76 per cent of participants say they would stop using a service if issues such as buffering occurred several times.

    “This unique research shows there is no place for low-quality video in any streaming business model,” said Akamai director of product marketing, media solutions, Ian Munford.

    “The premium online video market is extremely competitive; the battle for revenue share is intense and subscriber acquisition costs are increasing, making differentiators like quality of experience more important than ever. Service providers cannot take risks with streaming experiences that are compromised by low resolution or buffering. They must provide consistent, high-quality experiences to help retain subscribers and reduce acquisition costs.”

    The research also found:

    Subscription video-on-demand (SVoD) brands lose the most engagement due to buffering while transactional video-on-demand (TVoD) models suffer the most negative impact to brand loyalty if delivering low-quality experiences.
    High-resolution video content with emotive storylines improve viewer engagement by more than 10 per cent

    When buffering begins:
    Happiness drops 14 per cent
    Negative emotions (disgust and sadness) increase by an average of eight per cent
    Viewers’ feeling of surprise increases 27 per cent
    Attention drops by three per cent and focus decreases by eight per cent

    The study, one of the most comprehensive of its nature ever conducted, used a variety of testing procedures including sensory, implicit and explicit responses from more than 1,200 participants. All tests carried out adhered to the Video Quality Experts Group (VQEG) standards to ensure results could not be contaminated. Akamai also created fictitious brands to remove any previous emotional association with the business models and used the same content across all the brands to nullify the impact of content type on the respondents.

    Meanwhile, Kaltura, a video technology provider, and Akamai entered into an agreement to extend their Net Alliance partnership to combine the power of Akamai’s Predictive Content Delivery with Kaltura’s TV Platform. Leveraging Akamai’s Predictive Content Delivery and CDN products, along with the Kaltura TV Platform’s deep customer behavior and content consumption intelligence, the joint solution facilitates predictive on-device caching of content, using smart resource management to efficiently download content in the background while on a strong Wi-Fi connection. The content is downloaded based on each user’s profile and history, and offered to the customer at any time for smooth offline viewing on any device regardless of network connection and quality. The solution is designed to allow video content providers to offer each user their preferred content with an excellent viewing experience.

  • Brightcove expands into India, counts Republic, SonyLiv, Dekkho & Hero among clients

    MUMBAI: Brightcove Inc., a leading provider of cloud services for video, is expanding its global market leadership into India with key customer wins and the launch of a new office in Mumbai, India. With several of the country’s top-tier media companies as customers, Brightcove is demonstrating that it is the go-to partner for a wide range of broadcasters, publishers and OTT services as they seek to launch and monetise their online video experiences.

    Brightcove’s key customer wins in India include:

    Sony Liv, an Indian general entertainment VOD service that is owned by Sony Pictures Networks India.
    The Viral Fever, one of India’s leading online content creators that recently launched their OTT entertainment channel, TVFPlay.

    Dekkho, a streaming video service specializing in delivering premium content from India’s top content creators.

    Hero Talkies, a SVOD OTT service that specializes in streaming Tamil movie content across 80 countries.

    Republic World TV, a newly launched Indian English-language news television channel streaming news across satellite, cable and online.

    According to research from Media Partners Asia (MPA), the market potential of online video in India is massive. Online video advertising is expected to surpass US$1 billion in net revenue in India by 2021, according to MPA analysts. Despite having the lowest broadband penetration among APAC’s 14 biggest economies, broadband penetration is on the rise and expected to reach 622 million mobile broadband subscriptions by 2021, according to the MPA study. India’s OTT video market is already the fourth-biggest in the region, behind China, Japan and Australia.

    “With 462 million active Internet users1, India is a sizable market for online video and OTT – and it’s growing. Data shows that only 35 percent of the Indian population is using the internet,” Brightcove Asia vice president Tomer Azenkot said. “This growth represents a tremendous opportunity for Brightcove which, even prior to its office opening, powers video for some of the top-tier Indian media companies. By adding a talented team on the ground, it will only elevate the way that we serve our customer base and shape the future of video experiences moving forward.”

    Founded in 2004, Brightcove has been revolutionizing online video experiences for over a decade. Media companies, publishers and brands worldwide use Brightcove to publish and distribute video across the web, mobile and connected devices. Brightcove is headquartered in Boston, with its Asia Pacific offices in Singapore, South Korea, Sydney, Tokyo and now Mumbai.

  • YuppTV diversifies into streaming and news reporting tech solutions

    MUMBAI: Yupp TV is known for its OTT SVOD service which delivers a rafter of Indian live channels, 5,000 movies and original programming to 25 million overseas people of Indian origin. CEO Uday Reddy has been doggedly bent on spreading the app’s reach over the past decade when he conceived it.

    Now Reddy — who roped in the Rajesh Kamat, Paul Aielio-headed Emerald Media to pump in $50 million to take the company to the next level last year — is steering it into the tech solutions space. For starters, he is all geared up to offer the tech that powers his OTT service to other content owners, TV producers, broadcasters or corporations wanting to set up their own SVOD service without having to run from pillar to post.

    “We are offering a white label solution to companies wanting to enter the online streaming space,” says Reddy. “We have built a robust platform serving almost 300 devices and working on Android, iOs, smart TVs, tablets and what have you. We have worked more than 10 years on the tech and finetuned it like a violin. Whether it is the payment gateway, the search, the recommendation, upscaling when the subscriber base grows – our clients will get the entire solution.”

    Reddy points out that the integrated service he is offering is in the realms of the solutions companies such as Accenture and Cisco offer. “Others such as Ooyala, Kaltura, Brightcove – give you SDKs which you have to build around,” he says. “Our advantage is that we are offering the entire solution.”

    He points out that his white label solution has already received interest from some clients internationally. “We hope to have completed 10-15 installations by end 2017,” he reveals. In addition to this, he is quite kicked up about an in-house developed live video streaming device Freedocast which is in its second generation and has been labelled Freedocast Pro. “ It helps in connecting the camera to the HDMI port and directly go live through it to any social media platform such as Facebook, Youtube and Twitter which can be controlled by the phone,” says Reddy.

    “Any celebrity can use it to reach his audience live, any reporter, any one. It is a very simple device.”

    Freedocast, Reddy points out, will support both 3G and 4G and 1080p and 720p streams in the first phase, and the upgraded version will support 4K streams as well. The device has been priced at $249 and a commercial launch is expected in June.

    Currently, he and his team are focused on a global rollout of the product. Distribution is going to be through resellers, distributors and video equipment seller channels in India. B&H photo is the main partner in US.

    Reddy demoed the product at the recently completed APOS in Bali (Indonesia) and is expected to make some major announcements about it at Broadcast Asia in Singapore as well.

    He points out that Freedocast Pro is going to come as a shot in the arm for Indian news broadcasters, which number more than 300 in India. “They are significantly cheaper than DSNG trucks and vans and backpacks which have sticker prices running into multiples of ten thousand dollars,” he points out. “With Freedocast Pro any news reporter can, over 4G or wifi, deliver the news to the TV station with the portable device.”

    Reddy reveals that YuppTV is working on the next generation of the product which will enhance the entire editing and also allow for multicamera options. “Freedocast Pro is being manufactured in China but the entire design, chip set, hardware, software have been done in-house.”

    A news channel tech head points out that Freedocast has limitations in that it requires 4G or wifi to be effective as compared to the DSNGs which use satellite transmission from anywhere. “What if there is no wifi or 4G connectivity? Anyway the 4G connectivity is patchy even in the metros,” he says. “This could be a challenge. We will not give up our DSNG vans. But, may be, we will try some of them for our news reporters.”

    Amongst the news channels which have placed orders and are trying out Freedocast Pro figure ETV and TV5 in Hyderabad.

    “4G connectivity is only going to improve and the way broadband is being deployed, I don’t see this as a limitation,” says Reddy. “We have perfected our adaptive bitrate streaming technology to work at even 72 kbps connectivity in villages and smaller towns. YuppTV works perfectly well there too.”

    He points out that both the white label solution and Freedocast will help the company break even by end-2017.

  • Goodwill impairment at Pictures segment impairs Sony’s income

    BENGALURU: Sony Corporation (Sony) reported a 1.9 percent or ¥5.5 billion decline in consolidated operating income for the fiscal ended 31 March 2017 (FY-17, current year) as compared to FY-16. The company says that this was mainly due to the US$962 million (¥112.1 billion yen) impairment charge of goodwill recorded in the Pictures segment, substantially offset by an improvement in the operating results of the Mobile Communications (MC) segment and an increase in the operating income of the Game & Network Services (G&NS) segment.

    Due to the revision, Sony says that it was determined that the entire amount of goodwill, in the Production & Distribution reporting unit of the Pictures segment, which includes the Motion Pictures business, was impaired and an operating loss was recorded in the Pictures segment, says the company.

    Sony’s Pictures segment is comprised of the Motion Pictures, Television Productions, and Media Networks categories.

    Sales for the Pictures segment decreased 3.7 percent in FY-17 (a 5 percent increase on a U.S. dollar basis) to ¥903.1 billion, primarily due to the impact of the appreciation of the yen against the U.S. dollar. The increase in sales on a US dollar basis was primarily due to higher sales for Television Productions and Media Networks. Sales for Television Productions increased primarily due to higher subscription video-on-demand (SVOD) licensing revenues. The increase in sales for Media Networks was due to higher advertising and subscription revenues mainly in India, Latin America and the US says the company.

    The Pictures segment’s reported operating loss of ¥80.5 billion, compared to operating income of ¥38.5 billion in the previous fiscal year. This significant deterioration in operating results was primarily due to the above-mentioned 962 million U.S. dollars (¥112.1 billion) impairment charge of goodwill. The operating results for the Pictures segment were also negatively impacted by higher programming and marketing expenses for Media Networks as well as higher theatrical marketing expenses for Motion Pictures.

    Sony’s consolidated sales and operating revenue decreased by 6.2 percent to ¥7,603.3 billion compared to the previous fiscal year’s ¥8,105.7 billion. This decrease was mainly due to the impact of foreign exchange rates says the company.

    Net income attributable to Sony Corporation’s stockholders, which deducts net income attributable to non-controlling interests, decreased ¥74.5 billion to ¥73.3 billion yen in FY-17 from ¥ 147.8 billion in the previous year.

  • Sun TV picks up India, Lanka pay-TV rights for ‘Yoko’, Jetpack seals deals with global b’casters

    Global distributor, Jetpack Distribution, announced on 28 March, 2017, that it has inked multiple broadcast agreements with leading channels around the world for their pre-school children’s hit, YOKO.

    Deals have been concluded by Jetpack with Canada’s BBC Knowledge for exclusive Pay TV and SVOD (Subscription Video on Demand) rights. Canal Panda in Portugal has acquired exclusive Pay TV and non- exclusive SVOD, while Sun TV has picked up exclusive Pay TV rights throughout India and Sri Lanka for the animated series. YOKO is expected to launch on screens in these key territories from late 2017.

    YOKO premiered in Russia on national channels CTC (Cost to Company) and Karousel during the weekends at the end of 2016 and separate broadcast deals have also been inked by Russian co-producer Wizart after their distribution arm, Wizart Distribution, secured other broadcasters including educational channel O! (Pay TV Worldwide), Mult, Tlum and Ani (Pay TV), VTV in Belarus and ETV in Estonia.

    Link — Read the complete story here:

  • Indian entertainment channel in US for Amazon’s Prime subs

    MUMBAI: E-commerce giant Amazon is planning to entice the fans of Indian TV shows and movies with a new on-demand subscription service called Heera which will showcase serials, movies and children’s content in five regional languages — Telugu, Tamil, Marathi, Hindi, and Bengali.

    Heera, meaning “diamond” in Bengali, Hindi, Urdu and Punjabi, will have new shows and movies added every month, Amazon says. It’s being seen as the second SVOD channel brand from Amazon, after it debuted the Anime Strike channel earlier.

    Priced at $5 per month, the service is being started only in the U.S. and needs membership of $99-per-year in sync with other Amazon channels.

    Amazon claims ‘Heera’ plans to offer hundreds of recent releases and classic titles including the most popular Bollywood films such as “Fan” starring Shah Rukh Khan, “Sultan” starring Salman Khan and Anushka Sharma and “Kapoor and Sons” with Sidharth Malhotra and Alia Bhatt.

    Heera’s regional best collection would have Marathi classic “Mee Shivajiraje Bhosale Boltoy”, Rajinikanth’s “Kabali,” the best Tamil movie of 2016, and Telugu-language “Eega” starring Sudeep.

    For Prime members, the Amazon Channels lineup includes over 100 add-on video subscription services for Showtime, HBO and Cinemax, Starz, NBCUniversal’s Seeso, Fullscreen, Machinima, Warner Bros.’ DramaFever, A+E Networks’ Lifetime Movie Club, Cinedigm’s Dove Channel, CuriosityStream, Comedy Central’s Stand-Up Plus, PBS Kids, Fandor, Cheddar and Outside TV.

    Almost all the Amazon services are also available separately without subscription.

  • Content & channel management vital as Asian production enters new growth cycle

    MUMBAI: The TV, film and video production sector in Asia is set to enter a new cycle of growth, according to a new report from Media Partners Asia (MPA), as economic development and evolving distribution ecosystems stoke competition and demand for better shows, as well as more varied formats and approaches.

    MPA’s Video Content Dynamics, published today, reviews industry supply, demand and key drivers across India, Korea and five markets in Southeast Asia (Indonesia, Malaysia, the Philippines, Thailand and Vietnam) on free, pay and OTT platforms. The report breaks out ratings performance, economics and key players by genre (drama, movies, news, sports, kids and factual), as well as theatrical performance for local and international films.

    TV is the dominant viewing platform in these markets. However, as more people get access to affordable high-speed broadband, quality content as well as proactive channel management are becoming increasingly important for incumbent broadcasters, MPA analysts noted.

    “Online video is gaining traction in key emerging markets, as broadband speeds increase and connection costs come down,” said Media Partners Asia VP – Research & Consulting Steve Laslocky. “Leading broadcasters are rolling out ad-supported catch-up services while subscription online video services (local, regional and global) are gaining traction with premium Asian content as well as domestic and Hollywood movies. More than ever, a healthy local production ecosystem is a vital component of a healthy TV market.”

    Korean content remains the gold standard for production in Asia, expanding beyond drama and film to become a genre in its own right. Costs are increasing in Korea’s highly competitive domestic marketplace, where profits are challenging. At the same time, demand and pricing power in MPA-surveyed markets continue to rise across both TV and online video, helping sustain Korea’s leadership position.

    MIXED PICTURE ACROSS ASIA

    Future growth prospects and the relative health of local production varies across the seven markets covered by MPA’s Asia Video Content Dynamics report. Broadcasters that rely heavily on in-house teams, as seen in Malaysia and the Philippines for example, risk stifling ideas and competition. On the other hand, too many third-party studios competing for work can squeeze margins. This trend, seen in India’s TV industry, leaves little money to reinvest and develop local production for the opportunities and challenges ahead.

    Indonesia stands out as a relatively healthy ecosystem among Asian growth markets. Southeast Asia’s largest economy comprises comparatively few major production houses, often operating with backing from one of the country’s major TV groups. Production costs are relatively low, while the free-to-air ad market remains buoyant, providing good returns for popular shows. This bodes well for the future development of Indonesian content.

    By contrast, the environment for production in India is almost the opposite. The rollout of digital TV is dramatically expanding viewer choices for hundreds of millions of homes in the sub-continent, while opening up opportunities to develop premium and more targeted content. However, intense competition for TV revenues between hundreds of local production houses has driven margins to 15% and below, making it difficult to capitalize on these changes.

    DRAMA RULES, BUT GENRE MIX CRUCIAL

    Multiple genres are fueling consumption on free, pay and OTT services. Local dramas, however, remain the most important ratings driver across much of the region, despite concerns about stale storylines.

    In India for example, domestic drama accounted for over half of all TV viewing last year, underscoring its dominance. Local series were also popular in Southeast Asia, representing 46% of viewing in Vietnam, 35% of viewing in Thailand and 31% of viewing in the Philippines.

    Movies also tend to rate well on TV, especially in countries with a strong domestic film industry. This is especially evident in India as well as Indonesia and the Philippines, the two markets in Southeast Asia with the largest box office and where local films also have the highest share of revenue.

    Sports, meanwhile, is a high-profile and high-rating but ultimately event-driven genre. Many international marquee events are aired late at night, limiting viewership, underscoring the importance of local tournaments. Monetization for some local sports, such as football in Malaysia, still lags international franchises however, despite high ratings.

    Contrary to common perception, sports is not a major audience contributor on pay-TV, while the popularity of recent Hollywood movies on pay-TV varies by market. Kids content, meanwhile, is a leading pay-TV genre in Indonesia (50% audience share) and the Philippines (22%).

    Some OTT platforms are starting to compete on early windows for Asian content, although not on Hollywood movies, where studios can still command high prices from premium pay channels and pay-TV operators across most markets. This will likely change over time.

    Investment in local content and original productions for the OTT window, meanwhile, is growing rapidly in India and slowly expanding across Southeast Asia. In markets such as Indonesia, local movies, dramas and series are boosting consumption across regional SVOD services.

    Monetization for ad-supported services however, with the exception of YouTube, is proving to be a challenge. As online video gains scale in the region, industry standards for comparable viewing data will be crucial to further growing online video advertising outside of the YouTube ecosystem.