Helen Roxburgh
Mar 14, 2018

The OTT video streaming battle in Asia

SECTOR STUDY: Global players are struggling to make inroads in the face of fierce competition from local services.

Netflix has backed Korean film Okja

With 118 million subscribers globally, Netflix has quickly become a global force in content creation and video streaming. The fastest growth comes from its international services, which swelled 11% and added 6.4 million subscribers in the last quarter of 2017 alone.

But while Netflix currently dominates worldwide, it is still struggling to make inroads in Asia, as is US competitor Hulu. Both face competition from regional players that have already grabbed large parts of market...

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