OTT Summit Ends with Much Optimism for Growth in Asia and a Strong Focus on Content and the Consumer

The Asia Video Industry Association (AVIA) hosted over 850 delegates and featured over 80 industry leaders at the recent OTT Summit, with conversations revolving a lot on the subject of growth, from subscriber and revenue growth to increased local content investment and an intense focus on the customer.

In discussing the outlook for the video industry in Asia, Vivek Couto, Executive Director and Co-Founder of Media Partners Asia (MPA), indicated there remained a lot of room for growth. With most markets having an SVOD household penetration of less than 50%, there was certainly an upside for Southeast Asia and some parts of North Asia as well. However, while the region remained bullish on growth, the Average Revenue Per User remained low, particularly in the Philippines, Thailand, Indonesia, and India. As such, some tiers and price increases would be introduced along the way, especially when premium sport started to be added to the platforms.

The adage of “Content is King” was very much heard throughout the summit. In MPA’s review of share of first-title consumption, premium local content was a key driver for customer acquisition, particularly in Indonesia and Thailand, with local content that showed some travelability, and as expected, with Korean content traveling very well, and some Japanese content as well.

This focus on content continued through to the fireside chat with Catherine Park, SVP, Head of Office & Streaming for Asia, Paramount Global, where she reiterated that their “mission is to unleash the power of the content with the belief that content is king.” With different go-to-market strategies to unlock maximum value, Paramount Plus planned to launch first in Korea with CJ ENM, then Japan as the next market followed by Southeast Asia in 2023. Park also shared Paramount’s “glocal” strategy – to have global vision but with local execution.

The importance of being local was also echoed by many panellists, as Asia could not be seen as one homogenous market. Sagar Pandit, Associate Director, Business Development, Asia Pacific, Discovery, Inc., said, “When you gun for growth, especially in Asia, it’s about tailoring your approach for every region but keeping your consumer at the front and centre of whatever you are doing.”

And with increasing fragmentation in Asia, customer obsession became a key part of the strategy, as more platforms leveraged technology to deliver personalised experiences. For Parminder Singh, Chief Commercial and Digital Officer, Mediacorp, the three things a customer looked for were highly personalized and relevant content, and new virtual interactive experiences, all built into one single experience, with the use of technology that would allow you to bring all of this to the customer. “If you are only delivering a straightforward service, you are going to be left behind,” added Akash Saxena, Head of Technology, Disney+ Hotstar India.

However, the challenge to integrate it all into an operator’s platform for a seamless experience very much remained, calling for perhaps greater aggregation and bundling for the OTT industry, as we started to see some fatigue from consumers working with multiple services to meet their content needs.

Closing off the summit with Bold Predictions for the Future of Streaming, Gourav Rakshit, COO, Viacom18 Digital Ventures, remained very optimistic, sharing that a large bet that platforms had not fully capitalised on was the area of media becoming social, with the opportunity to build communities. “We’ve really made rapid strides in the last five years . . . the next five will be focusing a lot more on delivering consumer delight,” said Rakshit.

The OTT Summit is generously supported by Gold Sponsors Brightcove, Lumen Technologies, Synamedia, TV5MONDE, Xandr and Silver Sponsors Akamai, Amagi, Broadpeak, BytePlus, Discovery, Encoding.com, Endeavor Streaming, Irdeto, Magnite, Mediacorp, Mirada, NAGRA, Nielsen, PubMatic and Vindicia.

About the Asia Video Industry Association

The Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.

For media enquiries and additional background please contact:
Charmaine Kwan
Head of Marketing and Communications
Email: charmaine@avia.org
Website: www.avia.org
LinkedIn: www.linkedin.com/company/asiavideoia
Twitter: @AsiaVideoIA






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Summit Learning Institute Offers Homeschooling Courses for Children

 As soon as the COVID-19 lockdowns started, schools all over the world closed or transitioned to online studies. To help parents provide quality education to their children in these turbulent times, Summit Learning Institute offers homeschooling courses at affordable rates.

As homeschooling offers more flexibility and convenience, many parents prefer this method instead of admitting their children to regular schools. In 2020 only, the proportion of households with school-aged children practicing homeschooling increased from 5.5% to 11.1%.

Homeschooling is a more convenient option for parents and children, but maintaining the same education standards at home is not as easy. This is where Summit Learning Institute comes to the rescue.

Summit Learning Institute is an online education gateway that offers a range of courses to help students learn new skills and subjects from the comfort of their homes. Courtesy of the unprecedented advancements in technology over the past few years, online education is no more a hassle.

Instead, it offers more interesting ways for the instructors to interact with the students and make the lectures engaging, unlike ordinary classrooms. From online quizzes to digital educational games to the deployment of cloud and AI technology, instructors at Summit Learning Institute utilize every given technology to make their courses more organized and provide a healthy learning experience to children of all ages.

Speaking about the virtual learning platform, a Summit Learning Institute representative stated, “At Summit Learning Institute, we understand that online learning is more convenient for children. However, at the same time, it can be difficult for the parents to keep their children interested in studies. To help you effectively deal with the problems, we make all our homeschooling courses incredibly interesting and fun. Your child won’t get easily bored with the studies because we customize the course according to their schedules and integrate several fun-filled activities to keep them engaged.”

Regardless of their class, geographical location, or cultural background, Summit Learning Institute treats all its students with equal respect and prioritizes their interests over all other things. They aim to build a diverse community of online learners where everyone benefits and gets an opportunity to expand their network.

In addition to homeschooling, the online learning platform also offers courses for parents, job seekers and employers, business owners, and aspiring entrepreneurs.

About the company

Summit Learning Institute is an online learning gateway, which offers a myriad of online courses for children and adults. Their services include online leadership and management courses, online homeschooling courses, online courses for entrepreneurs, and more.

Contact information

Website: https://summitlearninginstitute.com/

Facebook: https://www.facebook.com/summitlearninginstitute

Instagram: https://www.instagram.com/summitlearninginstitute/

Twitter: https://twitter.com/SLIeLearning

Summit Learning Institute

Dr. NNeka Allen-Harrison

(650) 474-5640

https://summitlearninginstitute.com

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Summit Learning Institute Offers Comprehensive Mathematics, Management, and Career Growth Courses Online

 The paradigm of traditional schooling has shifted dramatically over the last few years. Being personally available in a class is no longer the only opportunity to learn something. If people are connected to the internet, they can acquire a good education and learn new skills anytime and anywhere they choose using the online learning platforms. This will be the future of learning for all age groups, hence regarded by many as “The Digital Learning.”

Summit Learning Institute is one such online learning platform that offers a lot of courses and skills related to different subjects and areas for people to work and improve. The rise of online learning is growing even more as technology progresses and students’ experience advances. Compared to traditional schooling, it is a valuable approach to learning and offers a variety of advantages. You don’t have to be location-dependent to learn.

Speaking about virtual learning platforms, a Summit Learning Institute representative stated, “Summit Learning Institute is providing students, employees, and people of all ages several online courses relating to topics like mathematics, management sciences, and courses related to professional and personal growth to help you grow individually as well as professionally. Online learning is the future of education. Our experienced and professional instructors have tried to bring the best and quality learning experience for our users of all areas. Summit Learning Institute takes pride in offering quality online courses to its users.”

Summit Learning Institute’s online learning connects students and instructors from all over the world. When it comes to traditional learning, where the location of the people determines the classes they can take. But with virtual learning, people can enroll in courses worldwide, which will give them a better grasp of the online learning platforms while also assisting people in developing their networks and developing an international perspective. It builds an online community of learning which benefits everyone in the community with the learning experience of every individual.

About the company

Summit Learning Institute is an online learning platform, where they have a range of several online courses to choose from. Experienced professionals in their respective fields make their learning material, hence it guarantees you a high level of learning content. They provide a flexible and advanced way of moving forward in your career with several courses on personal and professional growth. There are exclusive courses on empowerment and your personal growth on their online platform. Their services include online courses for entrepreneurs, online homeschooling courses, online leadership and management courses, and more.

Contact information

Website: https://summitlearninginstitute.com/

Facebook: https://www.facebook.com/summitlearninginstitute

Instagram: https://www.instagram.com/summitlearninginstitute/

Twitter: https://twitter.com/SLIeLearning

Summit Learning Institute

Dr. NNeka Allen-Harrison

650-474-5640

https://summitlearninginstitute.com

ContactContact

Categories

  • Career & Technical Education
  • Education
  • Online Education

18th ASEAN-India Summit (October 28, 2021) and 16th East Asia Summit (October 27, 2021)

Prime Minister Shri Narendra Modi will attend 18th ASEAN-India Summit to be held virtually on October 28, 2021 at the invitation of Sultan of Brunei. The Summit will be attended by Heads of State/Government of the ASEAN Countries.

The 18th ASEAN-India Summit will review the status of ASEAN-India Strategic Partnership and take stock of progress made in key areas including Covid-19 & Health, Trade & Commerce, Connectivity, and Education & Culture. Important regional and international developments including post pandemic economic recovery will also be discussed. ASEAN-India Summits are held annually and provide opportunity for India and ASEAN to engage at the highest level. Prime Minister attended the 17th ASEAN-India Summit held virtually in November last year. 18th ASEAN-India Summit will be the ninth ASEAN-India Summit to be attended by him.

ASEAN-India Strategic Partnership stands on a strong foundation of shared geographical, historical and civilizational ties. ASEAN is central to our Act East Policy and our wider vision of the Indo-Pacific. The year 2022 will mark 30 years of ASEAN-India relations. India and ASEAN have several dialogue mechanisms which meet regularly, including a Summit, Ministerial meetings and Senior Officials’ meetings. External Affairs Minister, Dr S. Jaishankar attended the ASEAN-India Foreign Ministers’ Meeting and EAS Foreign Ministers’ Meeting in August 2021 virtually. Minister of State for Commerce and Industry, Smt. Anupriya Patel attended the ASEAN Economic Ministers + India Consultations held virtually in September 2021 where the Ministers reaffirmed their commitment to strengthen economic cooperation.

Prime Minister will also attend the 16th East Asia Summit to be held on October 27, 2021 virtually. The East Asia Summit is the premier Leaders-led forum in the Indo-Pacific. Since its inception in 2005, it has played a significant role in the strategic and geopolitical evolution of East Asia. Apart from the 10 ASEAN Member states, East Asia Summit includes India, China, Japan, Republic of Korea, Australia, New Zealand, United States and Russia.

India, being a founding member of the East Asia Summit, is committed to strengthening the East Asia Summit and making it more effective for dealing with contemporary challenges. It is also an important platform for furthering practical cooperation in the Indo-Pacific by building upon the convergence between ASEAN Outlook on Indo-Pacific (AOIP) and Indo-Pacific Ocean’s Initiative (IPOI). At the 16th East Asia Summit, Leaders will discuss matters of regional and international interest and concern including maritime security, terrorism, Covid-19 cooperation. Leaders are also expected to accept declarations on Mental Health, Economic recovery through Tourism and Green Recovery, which are being co-sponsored by India.

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Business Summit on National Mission on Edible Oils-Oil Palm in NE states held in Guwahati

National Mission on Edible Oil- Oil Palm Business Summit for North Eastern States was held at Guwahati Today. Keeping in view the vision of the Prime minister for holistic and balanced progress of North East, the conference began under the chairmanship of the Union Agriculture Minister Shri Narendra Singh Tomar with the watering of the oil palm plant and showcasing of a film on oil palm plantation.

The Union Minister of Agriculture & Farmers Welfare Shri Narendra Singh Tomar asserted that the Government’s decision for making major intervention in North Eastern states for oil palm promotionwill turnNE states into oil palm hub of the country. Shri Tomaremphasized on playing an equal role for the development of the crop and assured to make major investments for seed nursery, drip irrigation, technical back up, setting of mills, purchase centers and training of farmers.Special package and assistance for NE states will change the socio-economic status of the farmers and will open employment opportunities in the established oil palm mills along with infrastructure development, said the Union Agriculture Minister.

The Union Minister also informed that the business summit has been aimed to explore the target of area expansion, seedling requirement fixed for different states through processors, details of viability gap payment,interventions and assistance under the mission.

Shri Tomar informed that the Mission with a total outlay of Rs 11040 crore will bring additional area of 6.5 lakh hectors under Oil Palm plantation with 3.28 lakh hectors in North Eastern states and 3.22 in Rest of India in next 5 years.

The Union Agriculture Minister thanked the government of Assam for providing logistical support and mentioned that the new scheme will definitely pave the way towards self-sufficiency in edible oils and put India on a road of Aatmarnirbharta. He stated that the Government is committed to protect the oil palm farmers through the price assurance and was happy to see the huge turnout for the summit. He expressed happiness with the format and mentioned that this type of exchange helps to speed up the implementation of NMEO-Oil Palm. Shri Tomar assured that under the Mission, oil palm farmers will be provided all needed assistance.

Shri G Kishan Reddy, Union Minister, DoNERappreciated the vision of the Government of India for coming up with the very well planned Edible Palm Oil scheme which is a win-win for the farmers and as well as for development of the region. The DoNER Minister said that the Narendra Modi Government is committed for the development of the oil palm sector and requested investors and industrialists to invest in North Eastern region which have immense potentials for agricultural sector, especially palm oil.

Secretary Agriculture Shri Sanjay Agarwal set the tone for the summit by outlining the vision of the government and Secretary DAREDr. T. Mohapatra explained in detail the role of R&D for success of the mission. Smt Shubha Thakur, Joint Secretary gave a presentation on the outline of the mission. She explained in detail regarding the viability gap funding and assured price to the farmers.

Certificates for FPOs formed by NABARD were distributed and an MOU was signed with ABPRL andNumaligarh Refinery to establish the first-of-its-kind bio refinery in India to produce renewable green fuel bio ethanol.In the Summit, books titled “Glimpses of NMEO-Oil Palm in NE States” by Oilseeds Division, DA&FW and “Improved Management Practices of the Oil Palm Cultivation in NE States” by ICAR-IIOPR and Assessment Report were released.

All the major oil palm players, viz Godrej Agrovet, Ruchi Soya, Shivaisis and 3 F oil palm were present for the Summit. 3 F oil palm and Ruchi Soya have committed to setting up mills in Arunachal Pradesh over the next year. Ruchi Soya also to set up an oil palm mill in Mizoram. 3 F oil palm mentioned they would invest around 1200 cr. All processors mentioned that they would work with the state governments and farmers. Progressive farmers from the NE states along with Telangana and Andhra Pradesh appreciated the new scheme and mentioned it has reinvigorated interest in oil palm farmers.

Chief Minister of Arunachal Pradesh Pema Khandu, in his speech, said that it was time for investors to come and invest in NE in a big way to develop the agriculture sector, taking advantage of fertile lands and climate. Palm oil holds special significance as its cultivation can open up untapped avenues of earning for farmers in North East, he said.

Agriculture Minister, Govt. of Assam AtulBora informed that presentlyfarmers in two districts of Assam -Goalparaand Kamrup– are engaged in oil palm cultivation whilethere is a plan of bringing 1500 hector of lands in another 17 districtsunderpalm oil cultivation.

Union MoS of Agriculture & Farmers Welfare Sri Kailash Choudhary and SushriSobhaKarandlaje, MoS of DoNER Shri B. L. Verma and Chief Minister of Arunachal Pradesh Shri. Pema Khandu attended the National Summit.

Minister of Agriculture, Sikkim Shri Loknath Sharma, Chief Secretary, Government of Assam Shri JishnuBarua, Chief Secretary, Government of Arunachal Pradesh Shri Naresh Kumar, Principal Secretaries of the states, Smt Shubha Thakur, Joint SecretaryGoI and other officials of the state governments, Officers from the Ministry of Agriculture, Govt of India, NITI Ayog, ICAR institutions, MEA, Vice Chancellors, Officers from SBI and leading processors from oil palm industry,  progressive farmers and potential investors from the agri-business trade were present in the summit.

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