March 12 2009




Market Monitor
Cross-platform video on-demand

 Contents                          Company               ...
1.0 Global overview

     Global revenue from rental transactions of full-length movies and TV shows on     Global: foreca...
1.1 Global Overview

     The global on-demand market on both pay-TV and online platforms will                  US, France...
2.0 North America

  In North America, revenue on online and pay-TV platforms from movie                North America: for...
2.1 North America

   The US was the first market in the world to roll out on-demand services via                   North ...
2.2 North America

  Studios are currently in the process of experimenting with the timing of the online     North America...
2.0 Western Europe

  In Western Europe, combined revenue from online and pay-TV platforms                   Western Europ...
2.1 Western Europe

    On pay-TV services, movies remain the dominant content form for on-demand,            Western Euro...
2.2 Western Europe

  One reason for online’s smaller share of the combined paid rental video           Western Europe: sh...
2.0 Central & Eastern Europe

  In Central and Eastern Europe, combined revenue from paid rental of movies                ...
2.1 Central & Eastern Europe

   In the pay-TV sector, pan-regional cable company UPC is looking to provide             C ...
2.2 Central & Eastern Europe

  Online movie consumption is forecast to remain insignificant towards 2012,             Cen...
2.0 Asia-Pacific

  In Asia-Pacific, revenue from paid rental transactions on online on pay-TV                  Asia-Pacif...
2.1 Asia-Pacific

   As in the European pay-TV environment, movies make up the bulk of consumer             Asia-Pacific: ...
2.2 Asia-Pacific

    The use of data caps by Australian ISPs like the incumbent Telstra may hinder        Asia-Pacific: s...
Disclaimer

Important information Please note Global Media Intelligence (GMI) research is a separate product from the prop...
Upcoming SlideShare
Loading in …5
×

Global games hardware

481 views

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
481
On SlideShare
0
From Embeds
0
Number of Embeds
4
Actions
Shares
0
Downloads
7
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Global games hardware

  1. 1. March 12 2009 Market Monitor Cross-platform video on-demand Contents Company Symbol Apple AAPL 1.0 Global Overview Microsoft MSFT 1.1 Global Overview 2.0 North America Sony SNE 2.1 North America AT&T ATT 2.2 North America Verizon VZ 3.0 Western Europe Comcast CMCSA 3.1 Western Europe Virgin Media VMED 3.2 Western Europe Amazon AMZN 4.0 Central & Eastern Europe 4.1 Central & Eastern Europe Time Warner TWX 4.2 Central & Eastern Europe General Electric (80% owner of Universal Studios) GE 5.0 Asia-Pacific Viacom VIA 5.1 Asia-Pacific The Walt Disney Company DIS 5.2 Asia-Pacific News Corporation NWS © 2009 Global Media Intelligence. All rights reserved. Reproduction and distribution of this document in any form without prior written permission is forbidden. www.globalmediaintelligence.com www.globalmediaintelligence.com © 2009 Global Media Intelligence
  2. 2. 1.0 Global overview Global revenue from rental transactions of full-length movies and TV shows on Global: forecast annual rental transaction revenue by pay-TV and online platforms was $2.2bn in 2008. This is forecast to grow to platform $3.7bn by 2012. 4,000 Pay-TV platforms accounted for over 94% of this revenue in 2008, while online Cable provided the remainder. However, online as a distribution platform is set to strengthen: by 2012, online’s share of rental transaction revenue will rise to 3,000 18%. $m Satellite 2,000 Satellite and cable platforms generated the bulk of pay-TV on-demand returns IPTV in 2008 – $1.9bn – while IPTV accounted for under $0.2bn. By 2012, these figures are forecast to reach $2.5bn and $0.5bn respectively. 1,000 Online Broadband-connected homes ready for on-demand content totalled 308m worldwide in 2008, climbing to 443m by 2012. Pay-TV nVoD and VoD homes 0 are forecast to reach 118m and 152m respectively by the same point. From 2008 to 2012, North America’s share of global on-demand enabled pay- Notes: TV homes is set to slide from 62% to 44%. In contrast, Asia’s share will rise • All platforms include movies for countries in North America, Europe and Asia-Pacific from 24% to 41%. • All platforms include TV shows in US, France, Germany & UK • Cable and IPTV include nVoD and VoD delivery models Global: forecast pay-TV and broadband-enabled on-demand homes Pay-TV nVoD Pay-TV VoD Broadband 500 500 500 400 400 400 300 300 300 m 200 200 200 100 100 100 0 0 0 Notes: • Includes countries in North America, Europe and Asia-Pacific Asia Europe N America • Broadband-enabled on-demand homes are defined as broadband-connected homes www.globalmediaintelligence.com © 2009 Global Media Intelligence
  3. 3. 1.1 Global Overview The global on-demand market on both pay-TV and online platforms will US, France, Germany & UK: forecast annual rental transaction remain dominated by North America, with the US driving revenues from revenue by platform and content type ($m) movies and TV shows in the region. 7 15 30 54 In the pay-TV sector, the upgrade of the cable companies’ networks to enable homes for on-demand, combined with migration of customers from analog to 2008 2012 95 digital services, will see the transactional VoD market increase in value to 475 $1.8bn in North America in 2012. Europe will show the greatest increase in revenues of any one region, spurred by take-up of IPTV services and similar upgrades to major cable networks. Asia’s on-demand space, while small compared to the other regions, is also maturing, pushed by the same two factors. 1,547 2,103 Online, the paid video rental space is led by hardware-based services, including those from Apple, Microsoft and Sony. The US is predicted to Pay-TV movies Online movies generate $0.4bn from paid online rental transactions by 2012. Important Pay-TV TV shows Online TV shows factors behind the US’ lead position include the depth of content catalogs Notes: and long establishment of services compared to international markets. • Pay-TV includes nVoD and VoD delivery models Global: forecast distribution of annual online and pay-TV rental transaction revenue Online Pay-TV 2,000 1,600 1,200 $m 800 400 0 N America Europe Asia-Pacific N America Europe Asia-Pacific Notes: • All platforms include movies in North America, Europe and Asia-Pacific • All platforms include TV shows in US, France, Germany & UK 2008 2012 • Pay-TV includes nVoD and VoD delivery models www.globalmediaintelligence.com © 2009 Global Media Intelligence
  4. 4. 2.0 North America In North America, revenue on online and pay-TV platforms from movie North America: forecast pay-TV and broadband-enabled on-demand homes and TV show rental transactions hit $1.4bn in 2008; this will climb to $2.2bn by 2012. By comparison GMI values online download-to-own 120 transactions at $0.6bn and $1.6bn in 2008 and 2012 respectively. 100 In the pay-TV sector, despite the cable market’s continuing loss of 80 households, conversion to digital will see on-demand enabled homes m 60 increase to 52m by 2012. 40 IPTV, although a recent addition to the market, is growing rapidly at the expense of local and major cable operators. The IPTV space, largely 20 comprising AT&T’s U-Verse and Verizon’s hybrid FiOS TV, will see the 0 platform contribute over 8m households to the on-demand tally by 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2012. Broadband-connected homes in the region totaled 81m in 2008 and IPTV VoD Cable VoD are forecast to pass 100m by 2012. Cable nVoD Satellite nVoD Broadband-connected North America: forecast annual transactional revenue by platform and business model 5,000 4,000 $m 3,000 2,000 1,000 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Notes: • Pay-TV includes IPTV, cable and satellite platforms • Pay TV includes movies and TV shows Online DTO Online VoD Pay-TV nVoD Pay-TV VoD • Online includes movies; TV shows included for US only www.globalmediaintelligence.com © 2009 Global Media Intelligence
  5. 5. 2.1 North America The US was the first market in the world to roll out on-demand services via North America: major on-demand rental services cable, with both Comcast and Time Warner introducing the service in 2001. Comcast now boasts one of the largest on-demand catalogs in the world with Service Rental Countr(ies) Platform Service name 10,000 titles. FiOS TV, aiming for a technologically advanced service, is close provider launch behind. Increasing HD content has been a priority for both services, US IPTV FiOS TV VoD Verizon 2005 complementing their attitudes in the linear TV space. Apple’s iTunes store leads the North American market, followed by Microsoft’s U-Verse Video On US IPTV AT&T 2006 Xbox Live Video Marketplace. The success of both stores has been driven by Demand close integration with devices. Sony’s video store for the PlayStation 3 Time Warner launched in July 2008 and is also a strong hardware-based proposition. US Cable TWC On Demand 2001 Cable Several browser-based services are now partnering hardware manufacturers US Cable Cox on Demand Cox 2002 to enable delivery of content to devices beyond the PC. Amazon’s VoD store can be accessed through connected Sony Bravia TV sets, TiVo set-top boxes Canada Cable Rogers On Demand Rogers 2002 and Panasonic Blu-ray players, for example. Canada Cable Illico On Demand Videotron 2003 US Cable Comcast On demand Comcast 2001 US & Online iTunes Store Apple Jan 08 Canada North America: average rental transaction price by platform and content type ($) US & Online Xbox Live Marketplace Microsoft Nov 06 Canada Movie TV show US Online Amazon Unbox Amazon Sept 06 Cable 3.38 1.89 US Online Playstation Store Sony July 08 IPTV 3.24 0.84 Satellite 3.96 n/a Online 4.07 0.99 Notes: • Prices exclude sales tax • Online TV show prices include US only • Cable and IPTV include nVoD and VoD delivery models • Prices are weighted according to factors including countries’ market shares, service market share, HD/SD share and new release/catalogue share of transactions www.globalmediaintelligence.com © 2009 Global Media Intelligence
  6. 6. 2.2 North America Studios are currently in the process of experimenting with the timing of the online North America: share of rental transactions by content type rental on-demand movie release window. Warner began offering online VoD day-and-date with DVD in 2007; other studios, 2008 2012 including Fox and Universal, are beginning to experiment with a similar strategy. There is a danger that more lucrative download-to-own (DTO) transactions may be cannibalized by the lower-priced rental option where titles are available in the same window. Few online services offer TV show rentals, resulting in the small market share for this content type in terms of transactions. On the pay-TV side, there is a considerable disparity between movie and TV show buy-rates. This is primarily because TV-based content is available predominantly on a subscription or bundled basis, or, increasingly, is watched by consumers online. Pay‐TV movies Pay‐TV TV shows Online movies Online TV shows The satellite nVoD rental market collapsed in the US in the early part of the decade Notes: following the introduction of true VoD services. As a consequence, average •Online TV shows included for US only revenues per nVoD-enabled home have fallen and are forecast to continue to drop • Includes nVoD and VoD delivery models through to 2012. North America: monthly transactional revenue per enabled home by content type, platform and business model 1.8 1.59 1.6 1.34 1.4 1.2 1.0 $ 0.8 0.59 0.55 0.6 0.47 0.47 0.33 0.29 0.4 0.16 0.2 0.00 0.00 0.00 0.00 0.08 0.01 0.03 0.0 2008 2012 www.globalmediaintelligence.com © 2009 Global Media Intelligence
  7. 7. 2.0 Western Europe In Western Europe, combined revenue from online and pay-TV platforms Western Europe: forecast pay-TV and broadband-enabled generated $0.8bn from movie and TV show rental transactions in 2008; by on-demand homes 2012, this will total $1.6bn. By comparison online DTO transactions provided a minimal portion of revenue in 2008 −under $0.1bn. 120 By the end of 2012, forecasts indicate that IPTV will enable 20m 100 households for VoD. A large proportion of these will be in France, with other 80 markets such as the UK, Germany, Belgium, Spain and Italy also important. m 60 Broadband-connected homes in Europe will surge to 116m by 2012, 40 offering a significantly larger addressable market than pay-TV enabled on- demand homes. 20 The cable segment has been extremely static until recently with regards to 0 VoD. Virgin Media was the first major operator to deploy VoD, in 2005, 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 followed by France’s Numericable, Belgium’s Telenet and Spain’s ONO. This movement has in part been prompted by IPTV’s rapid expansion. IPTV VoD Cable VoD Cable nVoD Satellite nVoD Broadband-connected Western Europe: forecast annual transactional revenue by platform and business model 3,000 2,000 $m 1,000 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Notes: • Pay-TV includes IPTV, cable and satellite platforms Online DTO Online VoD Pay-TV nVoD Pay-TV VoD • Includes 16 countries • Pay TV includes movies and TV shows • Online includes movies; TV shows included for UK, France and Germany www.globalmediaintelligence.com © 2009 Global Media Intelligence
  8. 8. 2.1 Western Europe On pay-TV services, movies remain the dominant content form for on-demand, Western Europe: major on-demand rental services despite the introduction of the so-called, long tail, of TV content. Not all pay-TV VoD services have TV content as part of their catalog; and perhaps more importantly, the business model in most countries is free or subscription- Service Rental Countr(ies) Platform Service name based, resulting in an underrepresentation of the content form in provider launch transactional revenues and rentals. France Cable Numericable Numericable 2007 Although the share of movie rentals as a proportion of overall pay-TV on- UK Cable Virgin Media TV Virgin Media 2005 demand rentals will decline over the course of the 2009-2012 period, in real terms there will still be substantial growth in the sector as more households Spain Cable ONO Ono 2005 become enabled. Belgium Cable Telenet Telenet 2005 VoD buy-rates have not been substantially higher than those seen by platforms with only nVoD. There is one key reason for this, which lies with linear content Deutsche Germany Online Videoload Nov 03 availability. Satellite platforms, the key nVoD platforms in most markets, are Telekom also the content gatekeepers in the majority of cases, maintaining a customer France Online CanalPlay Canal Plus Oct 05 base with a higher propensity to spend on TV. UK Online iTunes Store Apple Jun 08 UK, Ireland, France, Xbox Live Germany, Italy, Online Microsoft Dec 07 Marketplace Western Europe: average rental transaction price by platform Spain and content type ($) Movie TV show Online 5.27 1.94 Pay-TV 3.92 1.25 Notes: • Prices exclude sales tax • Online TV show price includes UK, France, Germany • Cable and IPTV include nVoD and VoD delivery models • Prices are weighted according to factors including countries’ market shares, service market share, HD/SD share and new release/catalogue share of transactions www.globalmediaintelligence.com © 2009 Global Media Intelligence
  9. 9. 2.2 Western Europe One reason for online’s smaller share of the combined paid rental video Western Europe: share of rental transactions by content type transaction market in Western Europe compared to North America is the limited availability of Microsoft and Apple’s video stores. 2008 2012 The Xbox video store is accessible in the European ‘Big 5’ and Ireland. Apple offers download-to-own TV shows in UK, France & Germany but movies are only present on the UK iTunes store. Two other major online video rental services in the region are Germany’s Videoload and CanalPlay in France. Both stores offer content from US studios and local providers. Rental made up over 85% of Western European online movie transactions in 2008 (with retail taking the remaining share). This is partly because few stores host digital retail movies. The majority of TV shows are viewed on an ad-supported basis. However, Pay‐TV movies Pay‐TV TV shows Online movies Online TV shows some services are using the rental business model to monetise TV shows, with some offering TV shows to rent prior to broadcast. UK consumers can Notes: rent episodes of CSI from Demand Five a week before broadcast on Five’s • Online TV shows included for UK, France, Germany only • Includes nVoD and VoD delivery models linear television channel. Western Europe: monthly transactional revenue per enabled home by content type, platform and business model 1.6 1.50 1.4 1.28 1.16 1.2 1.0 0.79 0.79 $ 0.8 0.6 0.48 0.4 0.27 0.13 0.15 0.2 0.06 0.12 0.03 0.01 0.02 0.03 0.07 0.0 2008 2012 www.globalmediaintelligence.com © 2009 Global Media Intelligence
  10. 10. 2.0 Central & Eastern Europe In Central and Eastern Europe, combined revenue from paid rental of movies Central & Eastern Europe: forecast pay-TV and broadband-enabled on- and TV shows online and on pay-TV platforms totaled just $13m in 2008. By demand homes 2012, this will grow to $64m. By 2012, 3m cable homes and 1m IPTV homes are forecast to be enabled for 16 true VoD content delivery. A larger pool of 15m homes will have a broadband 14 connection at the same point. 12 10 Few operators have found the expenditure on integrating PPV services into m 8 their pay-TV operation to have provided a sufficient return to justify rollout. The 6 majority of pay-TV services in the region are moving straight to true VoD 4 services, with the network upgrades necessary going alongside conversion to 2 0 digital and two-way enabled. 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 IPTV has provided a push in some regions for true VoD services; however the slow growth of the platform in most territories has left its influence patchy. IPTV VoD Cable VoD Satellite nVoD homes are increasing in a number of markets with strong Cable nVoD Satellite nVoD satellite presence. Poland and Romania’s competitive satellite spaces have Broadband-connected both seen movement. Central & Eastern Europe: forecast annual transactional revenue by platform and business model 70 60 50 40 $m 30 20 10 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Notes: Online DTO Online VoD Pay-TV nVoD Pay-TV VoD • Pay-TV includes IPTV, cable and satellite platforms • Pay TV includes movies and TV shows • Online includes movies only • Pay-TV includes 7 leading countries, online includes 3 countries (Poland, Hungary, Czech Republic) www.globalmediaintelligence.com © 2009 Global Media Intelligence
  11. 11. 2.1 Central & Eastern Europe In the pay-TV sector, pan-regional cable company UPC is looking to provide C & E Europe: major video on-demand rental services some of the impetus for the upgrade to true VoD, as it rolls out advanced services across its markets. Movies are the content form of choice in the region for pay-TV transactional Service Rental Countr(ies) Platform Service name services, with little attention having been paid to other genres. One of the provider launch reasons behind this is the fact that low buy-rates of transactional TV shows TP video on have ensured that storage of such genres remains largely uneconomic. Poland IPTV France Telecom 2006 demand Some services, such as HBO Digital now come with bundled ‘free’ VoD content. However, few other content owners or broadcasters have followed Czech IPTV O2 on demand Telefonica 2006 suit. While catch-up services will undoubtedly begin to take hold in the Republic markets, it is likely that the business models will emulate Western European Elion on ones, being bundled value-add services or subscription options. Estonia IPTV Teliasonera 2007 demand Deutsche Hungary Online [origo] Téka Nov 06 Telekom Czech Online Metoo.cz Kabel Plus Sept 07 Republic Central & Eastern Europe : average rental transaction price Poland Online iPlex iPlex Feb 08 by platform and content type ($) Poland Online Cineman ATM S.A./ Apr 07 Monolith Films Movie TV show Online 2.39 n/a Pay-TV 2.79 0.83 Notes: • Prices exclude sales tax • Cable and IPTV include nVoD and VoD delivery models • Prices are weighted according to factors including countries’ market shares, service market share, HD/SD share and new release/catalogue share of transactions www.globalmediaintelligence.com © 2009 Global Media Intelligence
  12. 12. 2.2 Central & Eastern Europe Online movie consumption is forecast to remain insignificant towards 2012, Central & Eastern Europe: share of rental transactions by content type with none of the major services such as iTunes expected to launch in these territories until beyond the forecast period. 2008 2012 The region’s transactional movie market is heavily skewed towards rental, with very few services offering digital retail titles. The average price of an online movie rental in the region is low, due to the limited selection of titles currently offered. The movie catalogs available through local online services are often poor, limited to local, indie or deep archive content. Two exceptions are [origo] Téka in Hungary and MeToo, which operates in the Czech Republic and Slovakia. MeToo has movies from Warner & Disney while [origo] Téka has deals with Paramount, Warner, Disney & Universal. The Polish online movie market is more competitive, with several services Pay‐TV movies Pay‐TV TV shows Online movies providing movie rentals. Many of these stores are affiliated with local Notes: distributors who appear to be unwilling to license their content to competing • Pay-TV includes IPTV, cable and satellite platforms services. • Pay-TV includes 7 countries, online includes 3 countries (Poland, Hungary, Czech Republic) Central & Eastern Europe: monthly transactional revenue per enabled home by content type, platform and business model 1.4 1.11 1.17 1.2 1.0 0.8 $ 0.6 0.4 0.22 0.15 0.11 0.2 0.04 0.05 0.03 0.07 0.00 0.00 0.00 0.0 2008 2012 www.globalmediaintelligence.com © 2009 Global Media Intelligence
  13. 13. 2.0 Asia-Pacific In Asia-Pacific, revenue from paid rental transactions on online on pay-TV Asia-Pacific: forecast pay-TV and broadband-enabled on-demand platforms totaled $0.2bn in 2008; this is predicted to grow to $0.5bn by 2012. homes There will be 112m true cable VoD-enabled homes by end 2012, compared to 14m homes enabled for true IPTV VoD; over 24m homes will be able to receive 250 nVoD content via satellite, while 212m homes will be able to receive content on- 200 demand over broadband. 150 m On the pay-TV side, the on-demand market is enjoying a substantial boost from 100 the launch of a number of new technologies and services. True VoD has emerged with the advent of IPTV in the region, providing cable services with the 50 impetus to roll out their own VoD services. 0 IPTV is an important platform in a number of markets, such as South Korea, 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Hong Kong and Japan, although piracy is taking its toll in many areas. India’s rapidly-expanding pay-satellite market has been providing a platform for IPTV VoD Cable VoD near video on-demand services, meaning the delivery method is maintaining Cable nVoD Satellite nVoD more importance in the region than in Europe or North America. Broadband-connected Asia-Pacific: forecast annual transactional revenue by platform and business model 600 400 $m 200 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Notes: Online DTO Online VoD Pay-TV nVoD Pay-TV VoD • Pay-TV includes IPTV, cable and satellite platforms • Pay TV includes movies, TV shows; online includes movies only • Pay-TV includes 8 countries, online includes 3 countries (Australia, New Zealand, Japan) www.globalmediaintelligence.com © 2009 Global Media Intelligence
  14. 14. 2.1 Asia-Pacific As in the European pay-TV environment, movies make up the bulk of consumer Asia-Pacific: major video on-demand rental services transactions in the region. Catalogs are heavily weighted towards film content, with the exception of a few markets, such as South Korea, which for regulatory Service Rental reasons has found itself in a position where TV content is more important. Countr(ies) Platform Service name provider launch The low price of content in the Asia-Pac market, combined with a relatively low propensity to watch video on a transactional basis (largely a result of piracy) has Japan Cable/satellite J:Com J:Com 2004 resulted in a low average transaction revenue per enabled pay-TV home. Yahoo BB! Furthermore, the average revenue per enabled pay-TV home is forecast to drop Japan IPTV Softbank 2003 Cable over the course of the next few years as markets with an even lower propensity to buy, such as China, begin to bring VoD services into the mainstream market South Korea IPTV SK Telecom SK Telecom 2006 TV shows are not featuring heavily in transactional revenues, being largely South Korea IPTV KT Telecom KT Telecom 2006 incorporated within subscription linear or VoD packages. Hong Kong IPTV NOW! PCCW 2007 Online, the region saw the launch of dominant player in the paid online video Australia Online BigPond Movies Telstra Feb 06 space Apple, launching in Australia with download-to-own TV shows in June 2008, and rolling out movie services in Australia and New Zealand two months later. Australia, New Online iTunes Store Apple Aug 08 Zealand Japan Online Miranca Neo Oct 06 Asia-Pacific: average rental transaction price by platform and Japan Online Tsutaya TV Tsutaya Mar 07 content type ($) Movie TV show Online 3.80 n/a Pay-TV 3.69 0.64 Notes: • Prices exclude sales tax • Cable and IPTV include nVoD and VoD delivery models • Prices are weighted according to factors including countries’ market shares, service market share, HD/SD share and new release/catalogue share of transactions www.globalmediaintelligence.com © 2009 Global Media Intelligence
  15. 15. 2.2 Asia-Pacific The use of data caps by Australian ISPs like the incumbent Telstra may hinder Asia-Pacific: share of rental transactions by content type the growth of the country’s online video market. Although iTunes is yet to launch an online TV show or movie service in Japan, 2008 2012 other hardware-based stores are emerging which have driven market growth. Japanese consumers can view high definition (HD) movies and TV shows through broadband-connected AcTVila television sets, manufactured by Sony, Sharp, Hitachi, Panasonic and Toshiba. While the majority of content is only available to rent, HD download-to-own titles were added to the service in December 2008. Since January 2009 Japanese consumers have also been able to access online video rentals through the Wii games console. The service has been developed by Fuji Soft and includes US studio titles, delivered by CinemaNow. Pay‐TV movies Pay‐TV TV shows Online movies GMI believes the preference for DVD rental over purchase in Japan will transition to digital. Few services offer digital retail movies and, where the Notes: option is available titles are often priced higher than their physical equivalent. • Pay-TV includes IPTV, cable and satellite platforms • Online includes movies only • Pay-TV includes 8 countries, online includes 3 countries (Australia, New Zealand, Japan) Asia-Pacific: monthly transactional revenue per enabled home by content type, platform and business model 1.6 1.44 1.4 1.13 1.2 $ 1.0 0.8 0.6 0.37 0.4 0.30 0.26 0.28 0.2 0.11 0.09 0.05 0.08 0.01 0.00 0.02 0.03 0.00 0.01 0.0 2008 2012 www.globalmediaintelligence.com © 2009 Global Media Intelligence
  16. 16. Disclaimer Important information Please note Global Media Intelligence (GMI) research is a separate product from the proprietary research services of Merrill Lynch. If you wish to have access to GMI research on an on going basis you will require a GMI subscription. Payment can be made through soft dollar and CCA/CSA services, preferably through Merrill Lynch. Global Media Intelligence (GMI) is not FDIC insured and offers no bank guarantee or any guarantee of any kind. Investments you make based on information delivered by GMI may lose money. This presentation is not intended to be used as a general guide to investing, or asa source of any specific investment recommendations. It is the responsibility of any person or persons in possession of this material to inform themselves of and to take appropriate advice as to any applicable legal requirements and any applicable taxation and exchange control regulations in the countries of their citizenship, residence or domicile which might be relevant to the subscription, purchase, holding, exchange, redemption or disposal of any investments. This presentation does not constitute a solicitation in any jurisdiction in which such a solicitation is unlawful or to any person to whom it is unlawful. Moreover, this presentation neither constitutes an offer to enter into an investment agreement with the recipient of this document nor an invitation to respond to the document by making an offer to enter into an investment agreement. Opinions expressed are current opinions as of the date appearing in this material only. Neither we nor any third party makes any representations or warranties express or implied, in respect of any information or products obtained from, through, or in connection with this site. In no event will we or any third party be liable for any damages of any kind, including, without limitation, direct, indirect, incidental or consequential damages, resulting from any defect in the information of this site or otherwise. You agree to resolve disputes concerning your relationship with us (other than class actions) through arbitration rather than ina court of law. The sole judicial forum for the adjudication of any matters arising under or in connection with this site, is the courts of the State of New York located in New York, New York or the United States District Court for the Southern District of New York. Global Media Intelligence is a division of Screen Digest Ltd. Lymehouse Studios 30/31 Lyme Street London, UK NW1 0EE +44 207 424 2820 info@globalmediaintelligence.com www.globalmediaintelligence.com © 2009 Global Media Intelligence

×