iWorld
Revenues up 11 per cent in 1H 2024 for Southeast Asia’s premium VOD sector
Mumbai: The premium video-on-demand (VOD) landscape in Southeast Asia continues to grow revenues at a double-digit pace with viewership relatively robust, as revealed by the latest analysis conducted by ampd, the digital measurement platform owned and operated by Media Partners Asia (MPA).
Southeast Asia’s premium VOD category generated more than 230 billion minutes in viewership over 1H 2024, up four per cent Y/Y, driven by growth in the Philippines and Indonesia. Category revenues, including subscription fees and advertising sales, grew 11 per cent Y/Y to US$895 million with gains across the region’s five main markets, Indonesia, Thailand, Malaysia, Philippines and Singapore. Indonesia continues to retain the first position in terms of revenues. The region added one million net new SVOD subscriptions over 1H 2024 to reach 48.8 million, representing Y/Y growth of 5 per cent. Philippines, Thailand and Malaysia led customer growth.
MPA executive director Vivek Couto said: “While price increases have moderated customer growth, growing penetration beyond the major urban centers in Indonesia, Philippines and Thailand remains a major opportunity as premium sports, local, Asian and US content moves online. Korean, US, Chinese & Japanese content captured 80 per cent of premium VOD viewership in Southeast Asia in 1H 2024. While Korean content remains the major driver, Chinese dramas are increasing freemium viewership. US content remains the leading acquisition funnel across global services. Local content maintains strong reach, with acquisition impact.”
Netflix and Viu both grew revenues at a significant double-digit pace in 1H 2024. Netflix’s share of category viewership reached 50 per cent in 1H 2024 overall, dominating viewership in Malaysia, Philippines and Singapore but facing strong local competition and more complex category dynamics in Indonesia and Thailand. Netflix’s category revenue share, including ads, reached 40 per cent in 1H 2024. Viu had 10 per cent viewership and category revenue share in 1H 2024. In spite of shedding subs, Disney+ revenues continue to grow as the service focuses on a higher ARPU customer funnel. WeTV retained a robust category engagement share in SEA at eight per cent in 1H 2024. Amongst local players, Vidio leads in Indonesia with 20 per cent category revenue share in 1H 2024 and 17 per cent viewership share, driven by heartland local dramas and sports. Thailand’s True ID led Thailand with 27 per cent premium VOD category viewership share though it remains second to Netflix in revenue share.
Premium VOD viewership in Southeast Asia (1H 2024)
Source: ampd
iWorld
Cineflicks set to enter India’s OTT market with community-first focus
New platform aims to blend streaming content with interactive viewing experiences
MUMBAI: A new player is gearing up to join India’s crowded streaming arena, with Cineflicks preparing to launch as a community-driven OTT platform aimed at redefining how audiences engage with digital entertainment.
The platform plans to offer a mix of movies, series and digital content, while placing equal emphasis on building an interactive ecosystem where viewers can connect, share and participate beyond passive viewing.
India’s OTT market has seen explosive growth over the past decade, fuelled by rising smartphone penetration and affordable internet access. As streaming becomes the default mode of content consumption, new entrants are increasingly looking to differentiate themselves not just through content libraries but through user experience.
Cineflicks appears to be positioning itself within this next phase of evolution. Instead of focusing solely on scale, the platform is aiming to create a space where audiences can engage more deeply with the content they watch, turning entertainment into a shared experience rather than a solo activity.
While details around its content slate remain under wraps, people familiar with the development say the platform is currently building out features and partnerships ahead of a phased rollout. The broader strategy suggests a blend of content discovery, community interaction and digital participation.
The timing is notable. With global and regional streaming platforms competing intensely for attention, the emphasis is slowly shifting towards engagement and retention rather than just acquisition. Platforms that can foster stronger audience connections may have an edge in this evolving landscape.
Cineflicks’ entry reflects the continued expansion of India’s digital entertainment ecosystem, where innovation is increasingly being driven by how content is experienced, not just what is offered.
As the platform moves closer to launch, the real test will be whether it can translate its community-first pitch into a compelling, everyday habit for viewers.
