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.
TRENDING NOW
CapitaLand Investment to restructure portfolio, recycle up to S$9 billion
Genting Singapore H1 profit falls 33.5% to S$156.1 million despite stable revenue
MSCI drops S-E Asian heavyweights Sembcorp, GoTo and Ayala Land from global benchmarks
DBS names new heads for Hong Kong, Taiwan and Indonesia markets