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Patrick Frater Asia Bureau Chief Asian streaming firm Viu is approaching profitability by staying its lane and sticking with the business principles that have made it a regional success story – Asian content, AVOD and SVOD models under one roof, and resistance to over-expansion. “The industry for streaming has matured very rapidly [in part due to COVID],” said CEO Janice Lee, speaking Wednesday at the APOS convention in Singapore. “But what makes Asia different is that Asia has not yet reached mature market status.” After some six years in business Viu is now EBITDA positive. “We always been focused on monetization. Our AVOD-SVOD mix remains the sustainable model,” said Lee, who also confirmed the company has been able to raise subscription prices in selected markets. The launch of advertising-supported models is now a direction being embraced by the sector giants Netflix and Disney.

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‘Crazy Rich Asians’ Producer SK Global Teams With PCCW Media for Drama Series ‘The Season’

Clifford Coonan Hong Kong’s PCCW Media is linking up with independent film and TV studio SK Global Entertainment (“Crazy Rich Asians”) to produce the drama series, “The Season.” The six-part series is set in Hong Kong and tells of a group of friends gathering for a summer of fun in the sun as boating season begins but which spirals into a web of deception and power struggles. The show was unveiled at a special presentation at Hong Kong FilMart.

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Jessie Mei Li, Karena Lam, Justin Chien & Toby Stephens Among International Cast Set For PCCW, SK Global Premium Series ‘The Season’

PCCW Media and Crazy Rich Asians producer SK Global are joining forces on Hong Kong-set premium series The Season, created and executive produced by Yalun Tu.

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Fifth Season Undergoes Layoffs In Film

EXCLUSIVE: More details are emerging about the restructuring in the film division of Fifth Season earlier this week. Along with the change at the top of the unit, with Alexis Garcia stepping down to launch a new venture Fifth Season’s backing and Christopher Slager being promoted to replace him as Head of Film, there were layoffs across the division, sources tell Deadline.

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Fifth Season Sets Janice Lee & Kara Duncan For Posts As Vice President, Film Development And Production

EXCLUSIVE: Former Netflix exec Janice Lee has joined Fifth Studio as Vice President, Film Development and Production, with longtime team member Kara Duncan being promoted to the same role. The news comes as the global film and TV studio, formerly known as Endeavor Content, kicks off the year with four films heading to Sundance and another two soon heading to theaters.

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Kevin Mayer, Uday Shankar, Punit Goenka to Headline APOS Summit Lineup

Patrick Frater Asia Bureau ChiefBig name executives including Kevin Mayer, Uday Shankar and Punit Goenka are among the headline speakers confirmed at APOS, the Asian media and entertainment conference, in September.Having been held in various online formats during the COVID pandemic, APOS is to return as an in-person event this year. However, it shifts from its usual April slot to Sept.

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Details Regarding Janice Lee

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