EPL bails out of £526 million PPTV deal in China

The English Premier League is facing a hole in its balance sheet of more than £500 million after terminating its rights deal with Chinese digital broadcaster PPTV. The broadcaster and league had reportedly been on a collision course since March, when the broadcaster withheld a payment of £160 million amid the coronavirus shutdown. In a […]

Verizon and Amazon eyeing US$4 billion stake in Vodafone Idea, claims report

Verizon and Amazon are reportedly eyeing a joint investment of US$4 billion in struggling Indian telco Vodafone Idea. Vodafone Idea, the joint-venture of British telco Vodafone and India’s Aditya Birla Group, is one of the three largest telcos in the country by subscriber count, but owes the Indian government’s Department of Telecom (DoT) INR500 billion […]

Taiwan to block sales of Chinese streamers like iQiyi and Tencent Video

Streaming services are set to be the latest arena for the ongoing dispute between Taiwan and China. China has historically claimed Taiwan to a sovereign Chinese territory, but this has been refuted by Taiwan and its population. As such Taiwan is a self-governing democracy, but there are mounting fears in the 24 million-strong country that […]

India’s Fastway taps Synamedia for converged headend

India’s fifth largest MSO Fastway Transmissions has tapped Synamedia to provide its converged headend. Fastway is the first provider in India to go live with Synamedia’s Converged Headend solution, according to the technology company. According to Synamedia, the deployment will allow Fastway to bring together its video service and IP workflows to deliver a broadcast-quality […]

KDDI taps VisualOn for 5G mobile video

Japanese service provider KDDI has chosen streaming software provider VisualOn’s media player to power video playback offer on its au Smart Pass service. Subscribers can now experience video including multiple synchronized streams on the Smart Pass app, which the operator, which has around 40 million users, is using to market 5G connectivity. KDDI’s basic au […]

Korean cable consolidation continues with KT Skylife acquisition of Hyundai HCN

Korean telco KT’s pay TV unit KT Skylife has been selected as the preferred bidder for the country’s fifth largest cable operator Hyundai HCN in a move that will shift the balance of power in the country’s TV distribution business towards KT as consolidation within the cable sector continues apace. KT faced competition from service […]

Pay TV set for modest growth in Japan despite cord cutting

The pay TV sector in Japan is set for modest growth in the coming years. According to the Japan Telecom Operators Country Intelligence Report from analytics firm GlobalData, pay TV in the country will register a CAGR of 1.9% between 2019-2024, increasing from US$8.9 billion to US$9.8 billion by the end of the five year […]

Expanding iQiyi names new country managers

Chinese streamer iQiyi is looking to expand its presence in Southeast Asia with the appointment of three new country managers. Two of the new appointments come from foundering streaming rival Iflix, which was recently acquired by Tencent Video. Sherwin Dela Cruz has been hired as country manager for the Philippines. He joins iQiyi from the same […]

Telco and pay TV revenues set for growth in Japan

Telecom and pay TV revenues in Japan will reach US$153.1 billion in 2024, up from US$124.1 billion last year, according to research by GlobalData. According to the latest Japan Telecom Country Intelligence Report, the 4.3% compound annual growth rate in revenue will be driven by growth in mobile data, fixed-broadband and pay TV. The report’s […]

Synamedia hires Techniolor exec to lead Indian sales

Video technology outfit Synamedia has announced the appointment of Deepak Bhatia as its general manager and head of sales for India. Bhatia joins from Technicolor where he spent 13 years. Most recently, he was the company’s vice president and business head of sales in South Asia, overseeing sales, marketing and operations in the region. He […]

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