SEOUL, Jan 15 — By 2029, revenues from the streaming market in Asia are expected to reach a staggering US$89 billion (RM400 billion), according to a new study by Media Partners...
Restoran Tai Kar Ho: A place to delve deep into neighbourhood of Taman United as you slurp comforting bowls of ‘pan mee’, ‘kai si hor fun’ and ‘wantan mee’
According to the latest report from Media Partners Asia, revenues generated by online video in Asia will rise from US$64 billion in 2024 to US$89 billion in 2029. “We’re seeing deepening pools of subscriber growth on SVOD, a much stronger local advertising ecosystem develop, as Netflix and Amazon Prime Video put out their ad-tier offerings and local players are building very strong ad propositions in many of these markets.”By 2029, streaming revenue in the US is expected to reach US$140 billion, compared to US$89 billion for the Asia-Pacific region.
While the big six global platforms accounted 67 per cent of online video market revenue in Asia-Pacific in 2024 — excluding China — this share is set to fall to 62 per cent by 2029, the report predicts.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Thousands Protest in Seoul Amid Snowstorm Against PresidentThousands of protesters braved heavy snowfall in Seoul to demand action against President Yoon Suk Yeol, who continues to resist calls for his resignation over allegations of declaring a state of emergency. While some supporters of Suk Yeol gathered at his residence and major roads in Seoul, others called for his arrest or the revocation of his impeachment. A protester, Lee Jin-ah, emphasized their determination despite the weather conditions, stating their commitment to protecting the country and democracy.
Read more »
Sole Jeju Air Crash Survivor Recovers in Seoul Hospital, Remains Silent on DetailsOne of two surviving flight attendants from the Jeju Air Boeing 737-800 crash at Muan International Airport on December 29th, 2024, is recovering in Seoul. The male survivor, surnamed Lee, sustained multiple fractures and lacerations. He has not provided details about the crash, and medical staff are refraining from probing further to avoid causing additional trauma.
Read more »
Jeju Air Flight Returns to Seoul After Landing Gear IssueA Jeju Air flight from Seoul to Jeju island was forced to return to Seoul after a landing gear problem was detected shortly after takeoff. This incident follows the deadly crash of another Jeju Air Boeing 737-800 on Sunday, raising concerns about the safety of the aircraft model.
Read more »
Filipino Carers Struggle to Save in Expensive SeoulFilipino domestic workers hired under a pilot program in Seoul are facing financial difficulties due to the high cost of living. The workers are finding it hard to save money after paying for necessities like accommodation, food, and transportation.
Read more »
River Cruise Firm Gets Six-Month Ban for Fireworks Despite Seoul's RequestThe Seoul Metropolitan Government has suspended a river cruise company's operations for six months after it went ahead with a fireworks show despite the city's request to cancel the event following a deadly plane crash.
Read more »
North Korea suffers 1,100 casualties in Russia-Ukraine war: SeoulThe new figure follows a report by Seoul’s spy agency to MPs last week, which said at least 100 North Korean soldiers had been killed since entering c...
Read more »