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Pay-TV business to grow in Asia-Pacific during the next five years

According to a report released by Media Partners Asia, Pay-TV business is expected to increase by a compound annual growth rate of 6.6 percent from 2014 to 2019. However, subscriber and revenue growth is slowing across the region but good prospects are still there.

The Asia Pacific Pay-TV & Broadband Markets report projects a “robust future” for the business, with revenues rising from $52 billion last year to $72 billion in 2019 and $84 billion in 2023. There are pressures on the region’s pay-TV industry though. The report anticipates a “significant slowdown” in Indonesia and Thailand that will be partially offset by major expansion in the Philippines and “decent gains” in Malaysia. Revenue gains will largely be led by India, Korea and China, plus the Philippines and Hong Kong. Australia will see strong subscriber gains, but revenue growth will be slower.