Analysis: China claims 3 of top 5 global SVoD services

The latest report from Ampere Analysis focuses on China, where three major SVoD services have emerged since 2012 amidst fierce competition: iQIYI (backed by Baidu), Youku-Tudou (backed by Alibaba), and Tencent Video (backed by Tencent). These streaming players are well-funded by their cash rich tech-giant parent groups – collectively known as ‘BAT’. As a result, aggressive content investment and subsequent rapid subscription growth means that by the end of 2018, three of the top five subscription OTT services in the world – in terms of subscribers – were Chinese.

Source: Analysis: China claims 3 of top 5 global SVoD services

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