Online streaming giants battle for Asian audiences

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Asia seen as an important part of global industry's growth plan. FMTNews

BUSAN: Acclaimed director David Michod’s epic “The King” was one of four major Netflix productions screened at Asia’s largest film festival this week, underlining how streaming services are increasingly challenging Hollywood and traditional media for the attention of artists – and viewers.

“If people want to can go see on the big screen they can, but my TV at home is amazing,” Michod explained. “Local content has historically been the preserve of large incumbent TV networks in markets such as India, Japan and Korea but as content and consumption moves online the availability and creation of premium local content becomes important,” said Couto.

“VOD platforms widen the distribution and amplify the presence of these Asian films to global audiences,” the film’s producers said in a statement to AFP.

 

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