Stiff competition forces pay-TV service providers to lower feesVietNamNet Bridge - Television services are reducing service fees as they face stiff competition among themselves and with OTT (over the top) TV. The revenue of the pay-TV market was VND7.5 trillion in 2017In 2017, K+, SCTV, VTVcab and Viettel began developing OTT pay-TV service. K+ has myK+Now (VND125,000 a month), while SCTV has SCTV VOD (VND30,000-50,000 and VTVcab has VTVcab ON (VND40,000-50,000). With 14 million TV subscribers in 2017, the total revenue of the pay-TV market was VND7.5 trillion.In 2016, Vietnam had only 12.5 million subscribers, but the revenue was high at VND12 trillion. RELATED NEWSPay TV revenue hits US$527.3 million this yearInternet TV: copyright infringement remains a problem in VietnamMai Chi

Source: VietNamNet News March 08, 2018 09:11 UTC