Date: March 22, 2016
By: Patrick Frater, Asia Bureau Chief
Taiwan-based film distributor and producer, Catchplay is launching a video-streaming service that it hopes will take on rival platforms in Asia and reverse piracy. Its Catchplay On Demand service launches initially in Taiwan, with Singapore and Indonesia set to follow in the second quarter of the year.
The company, which through a deal with New Regency, is one of the financiers of “The Revenant,” says the new service has a mix of content that has more new releases than rival platforms and delivers them quicker. It will be available in transactional video on demand and subscription VoD modes.
“In recent years, Catchplay has quietly and purposefully expanded its business from theatrical distribution to film financing and production, aggregating digital content for many leading digital platforms and the operation of our own movie channel,” said Harvey Chang, Catchplay chairman in a statement. “Today we launch our new digital platform that extends the services we provide to movie lovers. With this new platform, we can better contribute to the health and vitality of the region’s content industry.”
The service is to be launched in Singapore in a partnership with cable platform operator StarHub, and in Indonesia with Telkom Indonesia. The company aims to launch in a fourth Asian territory by the end of the year.
Its Hollywood content includes movies from NBC Universal, Warner Bros and Disney. [FULL STORY]