Media Prima Taps Ooyala To Expand Its Audience and Increase Revenue Across Its Ad-Supported and Subscription-Based Experiences 07 November 2016
Ooyala powers all streaming, monetization and audience analytics for Malaysia's number one streaming service, tonton
SINGAPORE -- (November 8, 2016) -- Ooyala, a Telstra subsidiary and a leading global innovator in premium video publishing, production workflows, analytics and monetization is powering the number one streaming service in Malaysia, tonton. Owned by Media Prima, the country's largest integrated media group across TV, print and radio, Ooyala is maximizing revenue and audience engagement across all tonton properties. This includes its subscription-based (SVOD) service, tonton VIP Membership, and its ad-supported (AVOD) service, tonton Free Membership. Since launch, Media Prima now offers nearly six million viewers access to their favorite local and international content anywhere, anytime and at the price point they prefer.
Ooyala is both the technology provider and strategic business partner allowing Media Prima to build, deliver and monetize multiple OTT business services that are easy to access, pay for and use. Media Prima leverages multiple solutions from Ooyala to deliver a differentiated OTT service with compelling content that caters to viewers across Malaysia.
Media Prima supplies its audience with both live and video-on-demand (VOD) content, including personalized local and international content via Ooyala Discovery. With Ooyala IQ, Media Prima tracks key audience engagement indicators across both its ad-supported business and subscription service. This includes average drop-off rates with both ads and video to either optimize ad loads or produce more content that achieves higher engagement. For the SVOD business, the insights help show the average length of sessions and most-watched content to help inform future content acquisition and negotiations.
With Ooyala Pulse, Ooyala's holistic ad platform that integrates direct and programmatic trading into a single service, Media Prima can track the success of all its ad campaigns in real-time, making on-the-fly adjustments to maximize yield. Together, Media Prima has full insight into its video business, with the ability to see how certain assets perform better than others, helping reduce churn with its SVOD service, or helping command more CPMs for its AVOD business.
Since moving to Ooyala, overall user engagement and ad success has significantly increased. tonton viewers are now watching nearly double the amount of videos, and the duration per visit has increased 25 percent, reaching an average of 17 minutes. For advertising, click-through rates (CTR) across all ad campaigns have doubled.
Smart partnerships with service providers such as Ooyala are beneficial to tonton as competition amongst OTT players become more intense. Ooyala is helping us differentiate in ways that keep us ahead in our market, said Datuk Kamal Khalid, CEO of Media Prima Television Networks. From driving more engagement to higher ad revenue, we work with Ooyala to obtain insights that enable us to make strategic decisions about our content, advertising and overall business.
Media Prima's new OTT services are highly strategic and point to the future of video consumption in its region as well as around the globe. Media Prima is maximizing its revenue potential by blending subscription-based and ad-supported services to reach wider audiences, said Ooyala General Manager of Asia Pacific Japan, Steve Davis. We are uniquely positioned to support Media Prima in creating value for its massive audience, as we have a comprehensive set of solutions and expertise to meet their needs all under one roof.
More Information:
To learn more about Ooyala's solutions for the biggest challenges in video today, including media logistics for video production, its video suite for OTT delivery and analytics, as well as its ad-tech platforms, visit Ooyala.com. Also, for further industry trends please visit Videomind and follow us @Videomind and @Ooyala.
About Media Prima:
Media Prima Berhad (Media Prima), a company listed on the Main Market of Bursa Malaysia, is Malaysia's leading fully-integrated media group. The Group is also one of Malaysia's Top 100 largest listed companies by revenue. The Group has equity interests in TV3, 8TV, ntv7 and TV9. In addition, the Group also owns more than 98 percent equity interest in The New Straits Times Press (Malaysia) Berhad (NSTP), Malaysia's largest publisher of three national newspapers; New Straits Times, Berita Harian and Harian Metro.
The Group has a strong online presence through its digital media subsidiary, Media Prima Digital and tonton.com.my, the No. 1 Malaysian video portal with a HD-ready quality viewing experience that offers the individualism of customized content and interactivity of social networking, which now has 5.9M+ million registered users.
About Ooyala:
Ooyala delivers content that connects. A US-based subsidiary of global telecommunications and IT services company Telstra, Ooyalas comprehensive suite of offerings includes one of the worlds largest premium video platforms, a leading ad serving and programmatic platform and media logistics solution. Built with superior analytics capabilities for advanced business intelligence and a strong commitment to customers' success, Ooyalas industry-leading end-to-end solutions help large-scale broadcasters, operators, media companies, enterprises and brands build more engaged and more profitable audiences, and monetize video and TV with personalized, interactive experiences across any screen.
Vudu, NBCUniversal, Star India, Sky Sports (U.K.), ITV Studios (U.K.), RTL Group (Germany), M6 (France), TV4 (Sweden), Mediaset (Spain), America Television (Peru), and Media Prima
