Media / Streaming
Asian digital media firm TNL Mediagene to list in United States via SPAC merger
TNL Mediagene, a Taiwan-based digital-media company, and Blue Ocean Acquisition Corp, a special purpose acquisition company, have announced a definitive agreement for a business combination that is expected to result in TNL Mediagene becoming a publicly traded company in the United States.
ORIGIN Conference: Why is Southeast Asia Prime for the Next Decade?
The panellists discussed about the reasons why Southeast Asia is prime for the next decade and where they see opportunities within the region. They also discussed the challenges of investing and operating in the Southeast Asian region and had given some pieces of advice to investors and companies looking into this multi-cultural and diverse market.
Singapore TV content rights startup Allrites to go public in US after merging with Aura Spac
Allrites Holdings Pte. Ltd., a Singapore-based film and television content rights marketplace, is expected to be listed on the Nasdaq Global Market after merging with United States-listed blank check company Aura FAT Projects Acquisition Corp (AFAR).
Alipay+ E-Wallet partnerships power iQIYI’s fast asia expansion
Popular Asian e-wallets are helping iQIYI, a China-based international streaming platform, accelerate its expansion through Alipay+ to help digital and entertainment (D&E) platforms reach young middle-class consumers looking for quality online video content.
Amazon India and Ministry of Information & Broadcasting join hands to boost India’s creative economy
Amazon India has on Wednesday announced that it has signed a letter of engagement (LoE) with the Ministry of Information and Broadcasting (MIB), government of India, with an objective of growing India’s creative economy.
Malaysia’s Durioo+ raises $2.85M in seed round led by Y Combinator and Gobi Partners
Malaysian Islamic-themed streaming service Durioo+ has closed a seed funding of $2.6 million.Among the investors are Y Combinator, Uncommon Capital, Gobi Partners, Lynett Capital, New Venture Order (NVO), and Innate Capital.
Indonesia to draft regulation enabling media to receive payments from digital platforms for content – report
President Joko Widodo cited an urgent need for the new law since 60 percent of the advertisement market in the Southeast Asian country is dominated by mainly foreign digital platforms.
IMDA launches $3.7 million fund to support Singapore’s media industry to adopt virtual production
To ensure that the local media industry remains competitive as the international partner of choice to create premium IP, the Infocomm Media Development Authority (IMDA) in Singapore has announced the launch of a $5 million Virtual Production Innovation Fund to support the local media industry to develop capabilities needed to harness virtual production…
India’s Amagi raises over $100M from General Atlantic
Amagi, an India-based media technology provider, announced Thursday over $100 million in investment, inclusive of $80 million in primary capital, from global growth equity firm General Atlantic. The investment brings Amagi’s valuation to $1.4 billion, representing an increase from the $1 billion valuation the company achieved in March 2022 with a $95…
Thai media giant T&B Media Global enters metaverse with $300M hybrid equity-NFT raise led by Sygnum
Sygnum, a digital asset technology group with a Swiss banking licence and a Singapore capital markets services (CMS) licence, announces it is partnering Thai media and entertainment group T&B Media Global to raise over $300 million to fund its new interconnected metaverse platform.
