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Why Thailand Holds an Enduring Attraction for Online Video Players

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variety.com

Patrick Frater Asia Bureau ChiefThailand is famous for having a tourist industry that repeatedly bounces back from military coups, natural disasters, and unfortunate man-made incidents.

Its video industry may similarly be Teflon-coated.Industry executives, speaking on Tuesday at an online conference organized by trade association The Asia Video Industry Association described fundamental problems, including “breathtaking” levels of online piracy, an oversupply of shelf space for advertising that has driven down rates, and insufficient government enforcement that has weakened free- and pay-TV sectors and forced streamers into contortions.The onset of the coronavirus in 2020 has made things worse: GDP fell by 12% in the second quarter,.

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