×
You will be redirected back to your article in seconds

Success in India Hides Weakening Outlook for Global Pay Channels in Asia (Study)

Pay-TV channels operated by global media conglomerates managed 9% earnings growth across Asia in 2017, according to a new study. But without the growth of the India market, they would have shown a 4% decrease.

New pay-channels research by consultancy Media Partners Asia show that India accounted for 65% of revenues for the global channels groups in the Asia-Pacific region last year, primarily those operated by 21st Century Fox, Sony and Viacom. Southeast Asia accounted for 15%, Japan 7% Australia 5%, and South Korea just 1%.

The MPA data shows region-wide revenues up 4% to some $5 billion and earnings before interest, tax and depreciation of $1 billion. Excluding India, revenues were down 1% to $2.2 billion, with EBITDA dropped to $560 million.

“The performance reflects a more challenging wholesale and retail market for pay-TV in Southeast Asia as well as in Australia and New Zealand, Japan and Hong Kong and Taiwan,” Media Partners Asia’s executive director, Vivek Couto said. “Ex-India, declines have been evenly spread across most genres. The notable exception is sports, where the growth of BeIN Media Group has helped boost the category.”

Taken together, factual, lifestyle, kids, news, music, movie and the global groups’ Asian entertainment channels experienced an aggregate contraction of close to $150 million in affiliate and advertising sales ex-India in 2017.

The report suggests that the global channels groups cannot turn around the pay-TV market, but that they are increasingly seeking revenues from other sources. These include licensing deals and strategic partnerships with online video and telecom platforms; consumer products; nascent online video advertising. They are also increasingly launching their own branded online video services and investing in premium Asian content and local deals in Korea, Japan and Southeast Asia.

“Success in a large-scale market such as India shows that regional broadcasters that invest in IP and local businesses can create a lot of long-term value,” said Couto. “These bets are starting to percolate across Southeast Asia, Korea and Japan. At the same time, businesses are starting to tap more growth from streaming platforms, including partnerships with online video and telco services.”

More TV

  • China Plans Remake of BBC Time-Travel

    China Plans Remake of BBC Time-Travel Cop Show ‘Life on Mars’ (EXCLUSIVE)

    A Chinese “Life on Mars” is in the works after BBC Studios and Phoenix Entertainment inked a deal to create a Mandarin-language version of the time-travel cop series. BBC Studios will officially unveil the format deal at Showcase, its annual programming market for international buyers, which is now underway in Liverpool, England. “Life on Mars” [...]

  • DF-10193 – L-R: Ben Hardy (Roger Taylor),

    'Bohemian Rhapsody' Leads MPSE Golden Reel Awards for Sound Editing

    “Bohemian Rhapsody” followed up love from Cinema Audio Society sound mixers with a pair of honors at the Motion Picture Sound Editors’ 66th annual Golden Reel Awards Sunday night. The musical biopic scored wins for dialogue and ADR as well as sound editing in a musical. The film is nominated for sound editing at the Oscars [...]

  • Melissa McCarthy as "Lee Israel" and

    WGA Awards 2019: 'Can You Ever Forgive Me?,' 'Eighth Grade' Win Screenplay Awards

    In a pair of upsets, “Can You Ever Forgive Me?” has won the Writers Guild of America’s adapted screenplay award for Nicole Holofcener and Jeff Whitty and Bo Burnham has won the original screenplay award for “Eighth Grade.” The major television trophies went to “The Americans,” “The Marvelous Mrs. Maisel,” “Homeland” and “Barry” for the [...]

  • 50 Cent Power

    NYPD Officer Under Investigation for Allegedly Telling Police to Shoot 50 Cent 'on Sight'

    A New York City precinct commander is under investigation for allegedly telling officers to shoot rapper 50 Cent on sight, a police rep confirmed to Variety on Sunday. “The matter is under internal review,” an NYPD rep said, declining to answer further questions. Deputy Inspector Emanuel Gonzalez is accused of telling officers during a June 7 roll [...]

  • Bohemian Rhapsody

    'Bohemian Rhapsody,' 'Marvelous Mrs. Maisel' Among Cinema Audio Society Winners

    Queen biopic “Bohemian Rhapsody” won the Cinema Audio Society’s top prize for sound mixing at Saturday night’s 55th annual CAS Awards. The film is Oscar-nominated for sound mixing this year along with “Black Panther,” “First Man,” “Roma” and “A Star Is Born.” In a surprise over heavy-hitters “Incredibles 2” and “Spider-Man: Into the Spider-Verse,” Wes [...]

  • Marvelous Mrs Maisel Vice

    'Vice,' 'The Marvelous Mrs. Maisel' Lead Make-Up and Hair Stylists Guild Awards Winners

    Adam McKay’s Dick Cheney biopic “Vice,” starring Oscar nominees Christian Bale, Amy Adams and Sam Rockwell, won two awards at the sixth annual Make-Up and Hair Stylists Guild Awards Saturday night. The film won for best period and/or character makeup as well as special makeup effects. “Mary Queen of Scots” received the prize for period [...]

More From Our Brands

Access exclusive content