In this biweekly Asia video spotlight feature, S&P Global Market Intelligence provides a roundup of news related to over-the-top, video-on-demand and other online video initiatives in different Asian markets.
* Alphabet Inc.'s YouTube LLC will create scripted series and original programming for international audiences in Japan and India, Reuters reports. The shows will be produced in local languages and subtitled or dubbed for other markets.
* IQIYI Inc. joined forces with Super Sports Media to form a joint venture, Beijing Xin'ai Sport Media Technology Co. Ltd., to tap the online sports industry in China. As part of the joint venture, the existing Super Sports Media app will officially change its name to iQIYI Sports and will feature soccer, tennis and golf coverage. Shortly after its launch, iQIYI Sports secured 500 million yuan in an investment round led by IDG Capital Group Inc., according to China Money Network.
Content and carriage deals
* Iflix Sdn. Bhd. is partnering with beIN SPORTS to broadcast the European Premier League live to iflix subscribers in Cambodia. The company will also collaborate with the Indonesian Creative Economy Agency and the Indonesian Film Board to develop five movie projects, Tempo reports. These developments come after iflix revealed plans to allocate up to 722 billion rupiah to develop local content in Indonesia over the next two years, according to CNN Indonesia.
* IQIYI signed a new multiyear deal with Viacom Inc.'s Viacom International Media Networks to stream a number of Nickelodeon (US) shows in China.
* Beijing Bytedance Technology Co. Ltd.'s Douyin secured deals with Universal Music Group, Warner Music Group Corp. and Taihe Music Group, allowing the Chinese mini music-video platform access to all their tracks, Jiemian reports.
* Thai telco Advanced Info Service PCL will partner with Workpoint Entertainment PCL to broadcast the 2018 Asian Games live in AIS Play and AIS Playbox, SiamPhone reports.
* Malaysia's Media Prima Bhd. is partnering with YouTube to reach more viewers by making all of its online video content available on the Google LLC-owned video streaming platform, New Straits Times reports.
* World Wrestling Entertainment Inc. extended its partnership with FOXTEL to air WWE programming in Australia.
* Netflix Inc. acquired international streaming rights to the South Korean medical drama "Life."
* Fuji Television Network Inc. will offer its Japanese dramas in Asia through Alibaba Group Holding Ltd.'s streaming platform Youku Tudou Inc., The Nikkei reports.
* China Mobile Ltd. launched MiguC, an online entertainment and informative anime platform, in Hong Kong, according to the Hong Kong Economic Times.
* Sri Lankan satellite TV service provider Dialog TV will launch its over-the-top platform in the coming months, NexTV News reports.
* Chinese streaming platform Mango TV debuted its set-top box which can be linked to different streaming platforms, Caijing reports.
* Nine major Chinese production companies jointly announced that they will comply with China's new policy of setting salary caps for TV actors, MTime reports. Under the new policy, actors will be paid a maximum of 1 million yuan per episode and not more than 50 million yuan for an entire TV series.
* Zee Entertainment Enterprises Ltd. removed 35 live TV channels and more than 200,000 hours of video-on-demand content from Reliance Jio Infocomm Ltd. after failing to agree on pricing, The Economic Times reports, citing sources.
* Beijing Bytedance Technology has begun a fundraising round that could value the company at about US$75 billion, The Wall Street Journal reports. The owner of Chinese short video app Tik Tok is reportedly aiming to raise around US$3 billion.
* NAVER Corp. updated its V Live video platform by applying its machine translation technology to enhance user experience, E Daily reports.
* Chinese video platform Xigua will invest 4 billion yuan to produce its own variety shows, Tencent News reports.
* Video-sharing platform Bilibili Inc. was removed from smartphone app stores in China following criticism from state-owned China Central Television for streaming inappropriate content.
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