Viu, the recently-launched OTT service from Hong Kong-based telco PCCW, has launched in Singapore, providing local competition to Netflix, which launched there last week.
Viu launched in Hong Kong in October, announcing at the time plans to roll out throughout Asia and the Middle East.
Unlike Netflix, Viu is largely programmed with regional content, notably from South Korea.
“The market big enough for multiple players,” PCCW Media Group managing director Janice Lee (pictured) told TBI late last year. “I also see two types of [OTT] proposition. I believe ours is more Asian focused as we see that the market for Hollywood content is quite cluttered.”
Speaking about the Singapore launch she said: “With smartphone penetration exceeding 80% in Singapore where 66% of Singaporeans regularly download and/or stream video content, Viu fulfils their desire to catch the latest Korean content, as soon as 8 hours while offering them streaming or download options.
It said today it has sealed pan-regional output deals with the main Korean free-to-air broadcasters – SBS, KBS and MBC – giving it an exclusive window on their content throughout the region.
Cable programmer and channel operator CJ E&M was also part of the deal, giving Viu programming from Korea’s four most important content providers. Viu said it will run the Korean shows as soon as eight hours after their linear broadcast.
Kim Yeong Seop, vice president of SBS Drama, said: “I am glad that SBS collaborated with PCCW Media to promote our partnerships with major telcos across Asia, we can leverage their network to distribute our quality content to viewers effectively.”
Lee Ueng Gin, executive managing director of KBS’s television division, added: “We commend Viu, its OTT service, for its ability to deliver 8-hour localisation of subtitles after Korean telecast. Fans of our drama and variety shows will no doubt find this appealing as opposed to having pirated, unstable streaming/download on illegal sites.”
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20 June 2018 @ 12:15:00 UTC