END OF YEAR REVIEW
A TRANSFORMATIVE YEAR
A review of the state of the industry in 2018. Regional experts provide their perspective on the developments that transformed the regional media and broadcast sector this year.
The Middle East and North Africa markets remains one of the biggest global emerging markets within the media, broadcast and production sector. In a region still dominated by free-to-air TV, satellite-delivered pay TV continues to grow steadily, but faces a fundamental challenge from streaming video services that have captured the imagination of the region’s youthful audience, growing their appetite for original local content. Saudi Arabia’s attempts to transform into a regional media powerhouse with global aspirations is fueling , and the development of the OTT market with both global and local services gaining a foothold are helping to stimulate local content production, amid growing consumption of mobile video.
Hurdles to achieve growth remain - the region’s diverse nature stands in the way of media companies building pan-regional scale. With many existing players focused on a few major markets, the sector con- tinues to battle familiar challenges such as piracy and lack of transparency. Digital Studio ME’s End of Year Review 2018 tracks the key developments over the last year. In the following pages three regional experts give their perspective on the region’s media and entertainment industry. A look at 2018 from three different points of view starting with the changing dynamics of the MENA content business, the broadcast manufacturing market outlook and major developments in production technology affecting the industry.