Iflix, the emerging market Netflix competitor that’s backed by Sky, is leaving Africa to double down on its business in Asia. The Malaysia-based company announced today it has sold the remaining shares in its Africa business — Kwesé Iflix — to Econet Group, the telecom firm that is already an investor in the business. The deal size […]
View More Netflix rival Iflix offloads its Africa business to focus on AsiaCategory: iflix
Netflix rival Iflix launches $5M search for up-and-coming filmmakers in Asia
Netflix is increasing its efforts in Asia after it commissioned more local content and began testing more aggressive price points, but one local rival is hitting back with a program to spotlight promising creators in the region. Malaysia-headquartered Iflix, which operates in 26 countries across Africa, the Middle East and Asia, today announced a $5 million program […]
View More Netflix rival Iflix launches $5M search for up-and-coming filmmakers in AsiaNetflix is testing a mobile-only subscription to make its service more affordable
Netflix is testing a cut-price mobile-only subscription as it explores new packages aimed at widening its appeal in Asia and other emerging markets. CEO Reed Hastings told Bloomberg last week that the company would test lower-priced packages and it hasn’t taken long for those experiments to come to light. The first reports are from Malaysia, […]
View More Netflix is testing a mobile-only subscription to make its service more affordable