Media / Streaming
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.
Vietnam’s Society Pass acquires Thai media firm Thoughtful Media Group
Vietnam-based loyalty and ecommerce firm Society Pass Inc (SoPa), on Wednesday announced the acquisition of Thoughtful Media Group (TMG), a social commerce-focused, premium digital video MPN headquartered in Thailand with an operating presence in the US, Vietnam, and Philippines. The acquisition of TMG marks SoPa's first foray into Thailand and adds to…
Limelight completes acquisition of Yahoo’s Edgecast, rebrands as Edgio
Edgio, Inc. (Nasdaq: EGIO), the globally-scaled software solutions provider powering secure seamlessly integrated delivery, applications and streaming experiences at the edge, announced on Thursday the successful completion of Limelight’s acquisition of Edgecast. The combined company will operate as Edgio, delivering significantly increased scale and scope…
Indonesia’s Vidio secures $45M funding led by DSSA
Vidio, an Indonesia-based over-the-top (OTT) platform owned by PT Surya Citra Media Tbk and part of PT Elang Mahkota Teknologi Tbk (Emtek Group) said Tuesday it has secured an additional investment of $45 million from several strategic investors. PT Dian Swastatika Sentosa Tbk (DSSA), a business pillar of Sinarmas Group, through its subsidiary, PT DSST Mas…
Hivestack and Yahoo announce strategic global programmatic DOOH partnership
Yahoo and Hivestack, a programmatic digital out-of-home (DOOH) ad tech company, have today announced a strategic global partnership to connect its technologies and enable premium, programmatic DOOH cross-channel media campaigns on a global scale.
