HOCK LOCK SIEW ·
Subscribers

Pay-TV needs more than live sports to survive

SINGAPORE'S pay-television operators have been struggling as viewers shift to over-the-top (OTT) video services such as Netflix and Amazon.

Meanwhile, the live sports events that the pay-TV players have been banking on for years are no longer the sure fire draw they used to be.

As at end-March 2020, StarHub had 327,000 pay-TV subscribers while Singtel had 382,000. This was down from 528,000 and 423,000, respectively, at end-March 2016.

StarHub's pay-TV revenue was S$248 million in 2019, lower by 34.4 per cent from S$378 million in 2016. Singtel, which has a March 31 financial year-end, reported Singtel TV revenue of S$218 million in FY2020 - down by 6 per cent from S$232 million in FY2016.

Other...

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes