Get the latest gossip
Asia Content Investment Slows to Single-Figure Growth, Says Report: ‘Many Traditional TV Drama Producers Are Struggling to Compete’
Asian content investment slows in post-COVID normalization, but India is forecast to overtake Korea by 2028, says a new report.
Investment in content for the theatrical film, TV and streaming markets of India and East Asia amounted to $15.5 billion in 2023, a new report shows. Korea and Thailand are anticipated to experience limited growth, while Vietnam faces the most challenges due to weak TV advertising and rampant piracy. Over the past year, as some ad revenues have permanently shifted to digital and streaming behavior has become entrenched, we’ve observed TV production margins contracting across most markets.
Or read this on Variety