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Update news pay TV
Foreign pay television service suppliers have earned thousands of billions of Vietnamese dong in the local market, but have failed to comply with Vietnam’s laws,
Confident about the great potential of the domestic OTT market, Keeng is developing Keeng TV, while Fim+ is pouring money into projects on exclusive dramas.
VietNamNet Bridge - SCTV and K+ are planning to stop broadcasting foreign TV channels and replace them with cheaper ones. The move has faced strong opposition from subscribers.
VietNamNet Bridge - The competitive broadcasting and transmission market has taken shape, with the first three players saying they are taking losses because of low service fees.
With subscription fees for pay TV falling in 2014, the race to add more channels is set to increase among service providers this year.
Budget house program not to bear fruit until 2015; BIDV to add VND5.19 trillion to its capital; Smuggled seafood from China kills domestic market; Thailand to invest in US$27bln Vietnam oil project
IMG stressed that VTV and all members of the Vietnam Association of Pay-TV Service Providers that want to broadcast the Premier League in the next three seasons will have to ask for direct license from IMG Media, not from any third party.