10 Stories You Should Know: 03/06/2023
Here are the global TV stories that should be on your radar
Here are the global TV and streaming stories that should be on your radar for Monday, March 6th, 2023:
Netflix To Boost APAC Content Investment By 15% In 2023 – Report (Deadline)
Netflix will splash the cash in the APAC region this year, boosting content investment by 15% as revenues grow by 12%, according to a report from Media Partners Asia (MPA). The forecast content spend of $1.9B will comprise almost half of the streamer’s predicted $4B revenues in the region.
Forecast: LatAm OTT Revenues At $16bn By 2028 (Advanced-Television)
OTT TV episode and movie revenues for 19 Latin American countries will increase by $7 billion (€6.6bn) between 2022 and 2028 to reach $16 billion, according to the Latin America OTT TV and Video Forecasts report from analyst firm Digital TV Research. AVoD and SVoD will each add $3 billion over this period.
Warner Bros. Discovery Tweaks Executive Pay, David Zaslav And Other Execs To Get Bonuses Based on Free Cash Flow, Debt Reduction (The Hollywood Reporter)
Warner Bros. Discovery is shifting its corporate focus to generating free cash flow and reducing its debt load, and it wants its top executives on the same page.
The company on Monday said it will be tweaking its compensation packages for top executives, offering bonuses in the form of performance stock units based on their success in generating cash and helping the company reduce its leverage.
Streaming Services Resort To K-Pop Documentaries To Reel In Subscribers (Korea JoonAng Daily)
With competition intensifying among online streaming services in Korea, many of these services are falling back to K-pop to guarantee them success and more paid subscribers. In order to differentiate themselves from other services, each of these works' producers focuses on different aspects of K-pop to appeal to a variety of audiences.
Karan Anshuman, Suparn Varma On Netflix’s ‘Ray Donovan’ Remake ‘Rana Naidu’, Working With Venkatesh Daggubati & India’s Showrunner Culture (Deadline)
Karan Anshuman and Suparn Varma, two of the first writers, directors and showrunners to move into India's web series space, have co-directed Rana Naidu, Netflix's Indian remake of Ray Donovan, produced by Sunder Aaron's Locomotive Global.
Showmax UK Beefs Up Content Bundle (Rapid TV News)
A new drama from iEmmy-nominated creators, a true-crime documentary and a Ghanaian Original drama are among the key items that will lead the March 2023 UK slate for African streaming service Showmax.
Research: Mexican Viewers Back AI Dubbing Over Subtitles (Advanced Television)
The world’s biggest entertainment distributors could win over millions of TV viewers currently swerving non-domestic content by deploying AI dubbing, new research suggests. A YouGov poll of 1,002 Mexican adults found that more than half (58 per cent) preferred watching content localised with AI dubbing over a subtitled equivalent.
Pakistan Bans Media Broadcasts Of Ex-PM Imran Khan Speeches (Arab News)
The development is the latest in a political tug of war between the former cricket star turned Islamist politician and the government of his successor, Shahbaz Sharif, as Khan campaigns for early elections.
M7, A+E Ink Triple Channel Satellite Capacity Agreement (Rapid TV News)
Extending its existing arrangement with the leading content provider, CANAL+-owned pay-TV provider M7 Group has concluded a multi-year capacity agreement with A+E Networks EMEA for the satellite distribution of its History and Crime+Investigation channels across Europe.
We Need A Scottish Broadcasting Corporation (The Herald)
The Scottish Affairs Committee has called for free TV access for the Scotland national football team games ("Demand for action on sports coverage", The Herald, March 2), but it seems to me that this will never happen until broadcasting is devolved and we have a Scottish Broadcasting Corporation that properly reflects 21st century Scotland, and not just on sport.