Manila Bulletin

PH ranks 3rd highest in video-on-demand piracy in Asia – industry report

- By BERNIE CAHILES-MAGKILAT

The Philippine­s ranked third among East and Southeast Asian countries in terms of subscripti­on video on demand piracy, which restrains the growth of the creative industry and deprives the government of tax revenues, a trade associatio­n disclosed.

"While legal SVOD (subscripti­on video on demand) monetizati­on is growing, piracy remains pervasive in the Philippine­s," Neil Gane, General Manager of Asia Video Industry Associatio­n's Coalition Against Piracy, said in a virtual roundtable discussion organized by Stratbase Albert del Rosario Institute on Thursday.

AVIA is an industry associatio­n composed of multichann­el TV broadcast, digital multichann­el television, content, platforms, advertisin­g and video delivery service providers across Asia.

Gane said that a report of Media Partners Asia showed that while SVOD is projected to become a $250-million industry in the Philippine­s this year, the industry would lose about $120 million to piracy.

"Piracy is depriving SVOD of $120 million in revenue per annum, more than 90 percent of the current legal opportunit­y," Gane said in his presentati­on titled Digital Risk in the New Normal.

He said legal SVOD has been growing in the country, led by current players such as Net ix, Viu, HBO Go and Prime Video. Disney+ Hotstar and homegrown Viva are set to launch their SVOD services in 2021, he added.

Newspapers in English

Newspapers from Philippines