Patrick Frater Asia Bureau ChiefOnline platforms have now replaced the free-to-air and pay-TV sectors as the engine of video industry growth in the Asia-Pacific region.
Both advertising-supported and subscription video are becoming more dominant.The conclusions were presented as part of an opening address by Vivek Couto, managing partner at research firm Media Partners Asia, on the first session of the three-day APOS conference.
But he sounded a note of caution on China, the single largest market in the region.The company forecasts that the Chinese video industry will reach $70 billion in revenues by 2026, after achieving 4% average annual growth.“The velocity of new regulations is concerning.
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