Read More

Society Pass (Nasdaq: SOPA)/Thoughtful Media Group’s Strategic Partnership with Onlive.Site Eyes the Surging Live Commerce Market across Southeast Asia

SINGAPORE, Oct 5, 2022 - (ACN Newswire via SEAPRWire.com) - Thoughtful Media Group Inc ("Thoughtful Media" or "TMG"), the Thailand-based, digital advertising arm of Society Pass Incorporated (Nasdaq: SOPA) ("SoPa" or the "Company"), Southeast Asia's ("SEA") leading data-driven loyalty and e-commerce ecosystem, today announces the establishment of a strategic partnership with Onlive.Site, a premium live streaming and digital content channel platform based in Spain. This strategic partnership enables TMG to host interactive live streaming and live shopping shows on its websites and even on external platforms including those of Creator's or Marketer's landing pages. SoPa endeavours to offer enhanced value to its consumers through novel partnerships with technology-enabled companies located across the SEA countries of Vietnam, Indonesia, Philippines, Singapore and Thailand, and complementary services that support the offerings of its entire ecosystem.Founded in 2020, Onlive.Site is a technology software company develops livestreaming, live video shopping, interactive video and online TV channel platform tools for global e-commerce companies. Onlive.Site's technology tools allow partner...

Read More

Korean Content Powerhouse Shaping the Entire Asian Video Landscape

Singapore, Sep 1, 2022 - (ACN Newswire via SEAPRWire.com) - The Asia Video Industry Association (AVIA) welcomed over 200 delegates from across the region for its first ever Korean focused conference and its first in market event since 2019, with Korea in View, which took place on 30 August at the Westin Josun, Seoul. To set the scene, AVIA CEO Louis Boswell presented key highlights from AVIA's Korea in View 2022 Report. Ranking 10th among the world's largest economies and 4th in Asia, South Korea had risen from one of the poorest countries in the world to a developed, high-income country in just one generation. The pay TV market continued to show growth of 2.7% per year, now dominated by IPTV, while streaming services were accelerating at breakneck speed, seeing paid subscribers increasing from 20.4% of the population in 2020 to 34.8% in 2021. In his opening speech, keynote speaker, Vice Chairman Ahn Hyoung-hwan of the Korea Communications Commission (KCC) shared that while OTT growth was an opportunity for the content industry to grow, it was also resulting in a sense of crisis for existing legacy media. Hence the KCC was preparing the Audio-Visual Media Service Act and was pushin...

Read More

Singapore Court Orders Largest Block of Illegal Streaming Sites in Singapore

The Coalition Against Piracy (CAP) welcomes the ongoing ability and willingness of Courts in Singapore to take action against illegal streaming sites that recent studies have shown pose significant malware and security risks to consumers Singapore, Mar 1, 2022 – (ACN Newswire) – The Asia Video Industry Association’s Coalition Against Piracy (CAP) commends the Singapore High Court for granting an Order to block 30 illegal streaming sites and almost 150 associated domains responsible for the distribution of considerable quantities of illegally streamed content in Singapore. The Order was obtained by CAP members, BBC Studios, Discovery Communications, LaLiga, the Premier League and TVB International against illegal streaming sites that were offering access to some of the most sought-after content including premium sports, drama and entertainment. The Order covered the greatest number of sites and domains yet sought by CAP members. Under the Order Internet Service Providers must disable access to these illegal sites and their associated domains. The Order is part of CAP’s ongoing campaign in Singapore and around the region against illegal streaming sites. “Illegal streaming sites are s...

Netflix details video game push as it forecasts weak growth

BENGALURU (REUTERS) - Netflix said it would make a deeper dive into video games as the movie and TV streaming service projected weak subscriber growth amid growing competition and the lifting of pandemic restrictions that had kept people at home. The company's shares hovered about even at US$531.10 in after-hours trading on Tuesday (July 20). Earnings for April through June came in at US$2.97 per share, below the average forecast of US$3.16, according to analysts surveyed by Refinitiv. Netflix is weathering a sharp slowdown in new customers after a boom in 2020 fueled by stay-at-home orders to curb the Covid-19 pandemic. In the United States and Canada, Netflix reported a decline of about 430,000 subscribers in the second quarter. The streaming video pioneer said it was in the early stages of expanding its video game offerings, which would be available to subscribers at no extra charge. The company will initially focus primarily on mobile games. "We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV," the company said in its quarterly letter to shareholders. Netflix has dabbled in video games with a few titl...

Read More

The inaugural edition of World OTT Show by Trescon set to strengthen the inevitable future of video streaming in Asia

Singapore, May 31, 2021 - (ACN Newswire via SEAPRWire.com) - Having hosted some of the industry's biggest tech conferences and high-level summits all over the world, Trescon is now venturing into the OTT space. World OTT Show will congregate renowned thought-leaders, subject matter experts, and technology innovators from Asia on 17 June 2021, in a constructive, open-dialogue, virtual environment. More than 400 million people now use OTT video streaming services across the Asia Pacific region, with over 69 per cent of video viewers in the region watch streaming videos at least once a week. "In 2021, the streaming providers in Asia have a massive opportunity to take their services to a global audience. Many of the conversations we have with some of the providers in this region are precisely about how we can scale their services offering beyond a regional play into a global one and I think we'll start seeing a lot more of these regional Asian OTT services go global and build significant businesses for themselves outside their own borders," said Paolo Cuttorelli, VP and GM at Evergent.As many consumers are forced to stay confined in their homes and on their electronic devices due to th...

Read More

BeLive seals partnership deal with 1Ecommerce to offer interactive live solutions to merchants in Latin America

Singapore - May 19, 2021 - (ACN Newswire via SEAPRWire.com) -BeLive Technology (BeLive) has completed a partnership deal with 1Ecommerce, the Digital Sales Ecosystem for merchants in Latin America, to launch one of the fastest-growing technologies in the eCommerce world: Live Shopping.BeLive partnered 1Ecommerce, a market leader in Digital Sales Ecosystem, to offer live interactive streaming solutions to LATAM companies in the eCommerce and retail sector."e-Commerce is continually transforming to meet consumers' demand for faster and more interactive service deliverables. Technology companies with the capabilities to support trends shaping the future of online shopping are good stead to seize opportunities in the global e-Commerce industry. Enterprise Singapore will continue to work with partners across markets to match them with companies such as BeLive to make online shopping easier, faster, and more secure," says John Lu, Director of Enterprise Singapore, ICM, and Digitalisation.The partnership was facilitated by Latin Leap VC Studio and Enterprise Singapore in promoting Asia to LATAM technology connection. The partnership is a result of Latin Leap's soft-landing program. This V...

Read More

Parliament to be live-streamed for the first time on Monday

SINGAPORE - Parliamentary proceedings will be live-streamed for the first time on Monday (Jan 4), said the Ministry of Communications and Information (MCI) in a statement. The live streaming will commence during Monday's sitting, which starts at 1.30pm. It will be available to members of the public via MCI's YouTube channel, in both the original language and English-translated versions. The public can also access parliamentary proceedings via video clips of all speeches and exchanges, which are recorded and uploaded online within hours of each sitting. They can also choose to read the Hansard - a written record of all parliamentary proceedings - online, or attend sittings in person. The Government had in September 2020 first agreed in principle to live-stream the proceedings. Minister for Communications and Information S. Iswaran said then that the Government has so far been reluctant to implement live streaming due to both practical and policy reasons, including the risk of MPs playing to the gallery instead of seriously debating national issues. But he acknowledged that global trends have made online streaming commonplace, with legislatures in other countries also live-streaming ...