10 Global TV Stories You Should Know: 06/24/2024

Here are the stories that should be on your radar for Monday, June 24th, 2024:

BBC Studios & France Télévisions To Co-Create Blue-Chip Factual Shows Through Wide-Ranging Deal (Deadline)
France Télévisions and BBC Studios have struck a long-term strategic partnership to co-create factual shows. The pair unveiled the deal at Sunnyside of the Doc in La Rochelle, France, today. It came into effect in April and means France Télévisions gets a first look at co-production opportunities on BBC Studios shows.

Disney Expands Ad Tech, Integrates With Mercado DSP Ahead Of Disney+ LATAM Launch (StreamTV Insider)
Disney+ is launching in Latin America on June 26 and on Monday the company disclosed opening up its  Audience Graph and clean room technology – utilizing the recently unveiled Disney BridgeID – to advertisers in global markets for the first time, starting with Latin America.

Streamer Kocowa Scouts For Partnerships As It Brings Korean Drama & Entertainment Shows To Europe (Deadline)
Kocowa is backed by South Korean broadcasters KBS, MBC and SBS and telco SK Telecom. In the U.S., its streaming service has Korean shows subtitled and available six hours after their local airing. Park liked it to “the Korean Hulu.”

Forecast: Malaysia SVoD Penetration At 43% In 2028 (Advanced-Television)
The household penetration of SVoD services in Malaysia is predicted to increase from 26 per cent in 2023 to 43 per cent in 2028, driven by the increasing consumer preference towards OTT platforms as broadband services continue to improve in the country, forecasts GlobalData, the data and analytics company.

Consolidation, Profitability Challenges Face India Streaming Sector, Says Ormax Chief: ‘Indians Are Not Used to Paying for Content’ (Variety)
Cost remains a hurdle, Kapoor says. “Indians are not used to paying for content. In general, TV has been very low cost in India for years now. And in streaming, there are two costs, the data cost, and then there is a subscription cost. So, it is a double cost structure. Many Indians do not fully understand why they should be paying for content when so much content is available for free on TV and on YouTube,” Kapoor said.

Netflix Boards Tencent Video’s Drama Series ‘See Her Again’ (Deadline)
Netflix has boarded buzzy Asian drama series See Her Again on day one of the Shanghai TV Festival. The global has acquired international rights, an unusual move given it has rarely pre-bought shows out of China shows in the past.

Fred Media Launches Life Down Under FAST Channel (Advanced-Television)
Fred Media, the Australian independent content distributor, has launched its first FAST channel in Europe. Available on the LG Channels platform in seven territories, including the UK, the Netherlands, Norway and Sweden, the Life Down Under channel features lifestyle, documentary and factual content originating from and telling stories about life in Australia.

Studiocanal Rolls Out Premium Daily Series ‘The Vow’ in Central, Eastern Europe (Variety)
Making further inroads into markets in Central and Eastern Europe and beyond, Studiocanal, one of Europe’s top production-distribution-international sales powerhouses, has clinched further sales on premium daily drama “The Vow” (“La Promesa”), closing Poland and two Baltic States, as well as France.

BBC To Livestream Dua Lipa, Coldplay Glastonbury Sets Globally (Advanced-Television)
The BBC has announced it will livestream headline Glastonbury performances to a global audience, with Dua Lipa and Coldplay’s 2024 Pyramid Stage sets available to view on the recently relaunched BBC website.

Sony Pictures Networks India Names Disney+ Hotstar Content Boss Gaurav Banerjee As MD & CEO (Deadline)
Sony Pictures Networks India has named Disney+ Hotstar content chief Gaurav Banerjee as its new Managing Director and CEO. He’ll replace N.P. Singh, who recently announced he was transitioning out of the role after 25 years in senior leadership positions at Sony’s Indian division.