Despite the negative impact from the coronavirus and the Chinese economic downturn, Asia Pacific will have 417 million SVOD subscriptions by 2025, up from 269 million in 2019. China will have 269 million SVOD subscriptions in 2025 – or 65% of the region’s total. India will supply a further 45 million – more than double its 2019 total according to Digital TV Research.

Low Earth Orbit (LEO) constellation operator OneWeb announced today that the company and certain of its controlled affiliates have voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.

The company intends to use these proceedings to pursue a sale of its business in order to maximize the value of the company.

Strategy Analytics has recently published its latest forecast for Subscription Video-on-Demand (SVOD) services such as Netflix. The forecast took account of the expected impact of the Coronavirus (COVID-19) pandemic, and although the longer term impact clearly remains uncertain, early evidence suggests that a boost to SVOD usage globally can be expected. As a result the forecast for global subscriptions was increased by 5% in comparison to the pre-pandemic model.

Kleos Space, a space-powered Radio Frequency Reconnaissance data-as-a-service (DaaS) company, has appointed Sean McKay as senior business developer for US and Middle East operations.

Sean McKay is a retired Colonel and a graduated Senior Materiel Leader with over 22 years’ experience in program management for various Department of Defense, Foreign Military Sales, and Intelligence Community activities in command and control, intelligence, surveillance, reconnaissance, space, cyber, ground integration, operational systems and operational test.

The Asia Pacific Pay TV sector is the most vibrant in the world, with subscribers up by 45 million and revenues up by US$ 1.40 billion over the next five years according to Digital TV Research. Pay TV penetration will stay at around 69%.

 zajicek.jpegSpacecom (Tel Aviv Stock Exchange: SCC), operator of the AMOS satellite fleet, announces that  Dan Zajicek has been appointed by the board of director’s as the company’s new Chief Executive Officer. His appointment officially begins on April 1, 2020. Itzik Shnaiberg, who has served as Acting CEO since 1 January 2020, will return to his Deputy CEO position at that time.