In South-East Asia, streaming subscriptions have slowed, but revenue continues to climb

Despite slower subscriber growth, streaming revenues in South-East Asia rose by 12.5%. — AFP Relaxnews

The streaming subscriber boom in South-East Asia slowed in 2023, with only 1.3 million new SVOD subscribers compared to 11 million the previous year. Revenues, however, continued to climb impressively, reaching US$1.4bil (RM6.69bil), representing growth of 12.5%.

Just when there seemed to be no end to the buzz surrounding streaming subscriptions, a study by AMPD, part of the Media Partners Asia group, tempers the mood by revealing a noticeable slowdown in South-East Asia in 2023.