Online video revenue, comprising net ad spend and subscription fees, will grow at an 18% CAGR across Asia Pacific between 2018 and 2023, climbing from ~US$21 bil. in 2018 to US$ 48 bil. by 2023, according to Asia Pacific Online Video & Broadband Distribution, a new report published today by Media Partners Asia (MPA).
Tedial, the independent MAM technology solutions specialist, has named Antonio Robles as Operations Director, effective immediately. He will lead the company’s project design and implementation teams as well as the support team.
Philippe Oliva has been appointed as executive vice president of sales and products as of September 3, 2018. He will report to Michel Azibert, deputy CEO and chief commercial & development officer, with a view to succeeding him as commercial director during the course of 2019. Michel Azibert will continue to serve as deputy CEO.
Encompass Digital Media, a global technology services company delivering end-to-end video playout and distribution solutions to broadcast and digital media companies, announced today it has signed a definitive agreement to acquire Babcock International Group’s (Babcock’s) Media Services business. This deal expands Encompass’ scale in EMEA and extends the company’s combined channel playout, transmission and digital products portfolio while adding international radio distribution to its suite of services.
Remote communication and IT solutions provider Speedcast International Limited (ASX: SDA) today announced its financial results for the six-month period ended 30 June 2018 (1H 2018), with group revenues of US$304.9 million, a 24% period-on-period increase.
Speedcast said its EBITDA grew 14% to US$60.4 million (1H 2017: US$53.2 million) with the Board declaring a fully franked interim dividend of AU$2.40 cents per share for the six-month period ended 30 June 2018
The Global VSAT Forum (GVF) announced today the appointment of David Meltzer to serve as its Secretary General effective 27 August 2018.
Kacific Broadband Satellites has appointed Brandon Seir as vice president, sales and marketing – Asia & International Carriers.
Southwest Microwave, Inc. has appointed Michelle Roe as President. She succeeds Richard McCormick, who has transitioned to Chairman and CEO.
Asia Satellite Telecommunications Holdings Limited said today its revenues for the first half of 2018 rose by 14% to HK$730 million (2017: HK$642 million) due to substantial full six-month revenues from the leases of AsiaSat 8 and AsiaSat 4, and additional revenue from new leases with video, data and occasional use customers.
IHS Markit, a world leader in critical information, analytics and solutions, says pay TV homes in the Asia-Pacific region rose 5.7 percent to reach 76 percent of all homes in 2017, and the number will continue to rise steadily, from 632 million homes in 2017 to 743 million by the end of 2022.
