Welcome to the 9th episode of The Streaming Lab Podcast with your hosts Yann and Vinit. This week, we delve into significant developments and predictions shaping the streaming landscapes of the Middle East, North Africa, and India.
In the MENA Region
MBC Group's IPO success
MBC Group, the major broadcaster of the region, soared in value post-IPO, with shares rising significantly on Tadawul, the Saudi Arabia Stock Exchange. This move is a major boost for the company, particularly for their streaming service, Shahid, and their ventures into sports, music, gaming, and events.
Anghami's subscriber growth
Anghami, the MENA's leading music streaming service, saw a 17% increase in paid subscribers in 2023. With a reported revenue growth and an impending merger with OSN, Anghami is setting the stage for a more integrated media experience.
Dubai Media's new strategy
Dubai Media Council's approval of a new strategy and action plan signifies the government's commitment to media sector growth. With an emphasis on diversification, including formats like 'Shark Tank Dubai' on their streaming service Awaan, Dubai Media is poised to become a significant player in the region.
In India
Controversy over Netflix's Annapoorani
The Tamil language movie Annapoorani was removed from Netflix following backlash over its portrayal of religious beliefs, highlighting the challenges of content censorship and freedom of speech in the Indian streaming landscape.
TikTok's Resso shutdown
The closure of TikTok's music streaming service Resso in India reflects the ongoing geopolitical tensions and the evolving digital content environment in the country.
Zee and Sony's merger aga
The much-speculated merger between Zee and Sony continues to be a hot topic, with new developments suggesting the merger is moving forward. This consolidation could significantly reshape India's streaming and media industry.
Join us next week for more insights into the streaming world and remember, keep streaming!
The Streaming Lab podcast breaks down the latest headlines and trends shaping the future of streaming in MENA & India.
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IPO Triumphs, Cultural Controversies, and Strategic Alliances in MENA and India