Australia & New Zealand
Foxtel, Seven Join Forces In SVOD Battle
Australia’s Foxtel and Seven West have joined forces to launch streaming service Presto Entertainment ahead of Netflix’s assault on the Australian market next March.
Liz Shackleton
Chinese-Speaking Markets
Tencent Becomes HBO’s Exclusive Partner In China
Tencent has struck a deal with HBO under which it will become the exclusive online video partner for HBO content in China.
Chinese-Speaking Markets
SMG Merges Subsidiaries To Form Internet Giant
Shanghai Media Group (SMG) is merging two subsidiaries – BesTV and Shanghai Oriental Pearl – to form what it claims will be China’s largest online media conglomerate.
Chinese-Speaking Markets
Huayi Brothers Pacts With Alibaba, Tencent
Chinese film studio Huayi Brothers is raising finance through Alibaba and Tencent, and also signing strategic partnerships with the rival internet giants.
Chinese-Speaking Markets
Tencent Pacts With Warner Music For Digital Distribution
China’s Tencent has struck a deal with Warner Music to handle digital distribution of its repertoire and new releases in China, excluding Chinese mobile operators.
Korea & Japan
Japan’s Softbank To Acquire DramaFever
Fresh from its deal to invest in Legendary Entertainment, Japan’s Softbank is buying video service DramaFever, which streams TV shows and movies from around the globe.
Chinese-Speaking Markets
Equity Crowdfunding Still On The Starting Blocks
UK director Simon West says he is using equity crowdfunding for $10m action comedy Salty, but speakers at last week’s Asian Film Market explained this form of film financing still faces regulatory hurdles around the world.
Middle East
'Crouching Tiger' Sequel To Smash Windows
Netflix and The Weinstein Company have announced that they will release the sequel to Crouching Tiger, Hidden Dragon simultaneously on the streaming platform and in IMAX theatres on August 28, 2015.
Chinese-Speaking Markets
Tencent Unveils Movie Production Plans
Move over Alibaba – Tencent also has its sights set on China's booming movie industry, announcing plans to produce four to five feature films a year.
Korea & Japan
COMMENT: Thawing The Theatrical Model
Snowpiercer’s US release proves that VOD can co-exist with theatrical, although this pattern shouldn’t be used as a default setting for unusual films.
Chinese-Speaking Markets
Breaking Schedules: China's Online Video Boom
Forget DVD and television; China's young audiences are already consuming most of their entertainment through online video platforms.