Balita.org: Your Premier Source for Comprehensive Philippines News and Insights! We bring you the latest news, stories, and updates on a wide range of topics, including politics, culture, economy, and more. Stay tuned to know everything you wish about your favorite stars 24/7.
A report from the United Nations Human Rights Office revealed that “hundreds of thousands of people” across Southeast Asian countries are being “forced” by organized criminal gangs to engage in online scams including cryptocurrency frauds and illegal gambling schemes.
Southeast Asia only added 7,000 net new SVOD subscriptions in the first half of 2023, a big slowdown from 7 million new subscribers in the second half of last year, according to a report from Media Partners Asia (MPA).
Patrick Frater Asia Bureau Chief Short-form video platform TikTok enjoyed a huge increase in viewership in the first six months of the year in Southeast Asia, contributing to a sudden halt to the overall growth of premium (SVOD) video, according to a new report. Data from AMPD and analysis from consultancy firm Media Partners Asia show that TikTok is increasingly a major driver of viewership growth on mobile and web platforms in the region, responsible for over 70% of growth in streaming minutes over the past two years. In the January-June period, TikTok captured 42% of video streaming minutes, a massive 20-percentage point increase over the first half of 2021 and a seven percentage point increase from the first half of last year. While overall engagement is growing, TikTok’s rise has cut into the dominance of YouTube (-4%) and time spent watching premium VOD (-2%) year-on-year, according to the firms’ Southeast Asia Online Video Consumer Insights & Analytics report. The overall SVOD market flattened dramatically, with the measured region (Indonesia, Malaysia, the Philippines, Singapore and Thailand) adding only a net 7,000 new subscribers.