Iflix
WeTV iflix,[1][2] or simply iflix, is a Malaysian free and subscription video on demand (VOD) service focused on emerging markets. Its global headquarters are in Kuala Lumpur, Malaysia.[3] The site serves as a digital hosting and distribution platform for Western, Asian regional and local TV shows and films obtained through partnerships with over 150 studios and content distributors globally.[4]
Not to be confused with Netflix or Icflix.Type of business
English, Malay, Indonesian, Chinese, Filipino, Thai, Vietnamese, Tamil, Khmer, Burmese, Arabic, Urdu, Nepali, Bengali, Sinhalese
2014
- Bangladesh
- Brunei
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Nepal
- Philippines
- Sri Lanka
- Thailand
- Vietnam
- Middle East
Video streaming, video on demand, digital advertising
- video streaming
- content licensing
- Film production
- film distribution
- television production
- digital advertising
History[edit]
Foundation and establishment[edit]
Iflix was founded by Patrick Grove, CEO of Catcha Group, Mark Britt and Evolution Media, a merchant bank focused on the media, sports, and entertainment industries.[7] Iflix was created for the rapidly growing, emerging middle-class population and their increasing demand for entertainment content. The company set out to address a certain set of conditions, which tend to exist universally across emerging markets – prevalence of piracy, inconsistent infrastructure, inconsistent quality and distribution of internet connectivity, expensive and limited mobile data, low paid television penetration, low credit-card penetration and a lack of familiarity with online payment options – through technology and commercial partnerships.
In April 2015, Iflix announced the completion of a $30 million round of funding, led by international investment firm Catcha Group and telecommunications company Philippine Long Distance Telephone Company (PLDT).[8] The company launched its service in Malaysia and the Philippines one month later,[9] where they also announced the formation of its advisory board, composed of Hollywood business and creative leaders.[10] By July, Iflix recorded over 100,000 subscribers, becoming Southeast Asia's fastest growing Internet TV service.[11] Within the 12-week trial phase of its official launch in Thailand in November, Iflix drew close to 200,000 subscribers.[12]
In March 2016, Iflix attracted a $45-million investment from European pay-TV giant Sky plc, with Indonesian firm Elang Mahkota Teknologi (Emtek) through its subsidiary, Surya Citra Media (SCM) join the investment.[13][14] In June, Iflix announced its official launch in Indonesia and in August 2016, Iflix announced its official launch in Sri Lanka.[15] It announced its official launch in Brunei on September,[16] and the Maldives in November.[17]
In January 2017, Iflix announced its official launch in Pakistan.[18]
In February 2017, Iflix announced its official launch in Vietnam.[19] That same month the company announced a joint venture with Zain, leading telecommunications group in the Middle East and Africa, establishing Iflix Arabia.[20]
In March 2017, Iflix announced its official launch in Myanmar.[21]
In April 2017, Iflix went live in eight countries in the MENA region.[22] and in October 2017, Iflix launched in Nepal.[23]
In June 2017, Iflix announced the establishment of Iflix Africa. Iflix Africa is headquartered in Cape Town, South Africa and trades commercially as 'Iflix', with launches in Nigeria, Kenya and Ghana, Sudan and Zimbabwe.[24]
Iflix launched in Bangladesh in November 2017. Robi and Airtel customers get one year free access upon signing up.[25]
Iflix launched its own creative production business for short-form video content Studio2:15 in March 2018, its first production was Cupid Co. in April 2018.[26]
Iflix exited Sub-Saharan Africa in December 2018 and sold their stake in the joint-venture to Econet Media to focus on their Asian markets.[27]
In June 2020, Tencent (owner of Tencent Video/WeTV) acquired Iflix's "content, technology, and resources"[28] in order to grow its presence in the Southeast Asian market.[29]
In May 2022, Iflix closed it's office in Bangladesh, Nepal and Thailand.[30]
Management[edit]
Iflix was co-founded by Mark Britt, who served as executive director, and Patrick Grove, who served as chairman.
In March 2016, Andre de Wet, ex-Naspers and PriceCheck joined iflix to head up Africa.
In October 2016, Marc Barnett joined the Iflix Group as chief operating officer.[31] In November 2019, Mark Britt stepped down as group CEO of the company and Marc Barnett was promoted to the role.[32]
In January 2017, former head of technology for all of Walt Disney's businesses outside of the United States, Emmanuel Frenehard, joined Iflix as chief technology officer of Iflix Group.[33][34]
In March 2017, former VP, Global Television at Netflix Sean Carey was appointed the new Chief Content Officer, in place of James Bridges.[35]
In September 2017, the company appointed Sky PLC executive, Anil Jhingan as Chief Financial and Commercial Officer.[36]
In November 2017, Iflix appointed telecommunications executive John Saad as CEO of Iflix MENA.[37]
In March 2018, Iflix appointed digital media trailblazer Craig Galvin to become the head of the company's creative production business for short-form video content, Studio2:15.[26]
On 9 April 2020, Iflix's Chairman Patrick Grove and Iflix's co-founder Luke Elliott resigned from the company board.[38]
Strategies[edit]
Localization[edit]
Similar to Grab in the transport front in terms of focus market and content, Iflix's content strategy focuses on first-run local movies and original programming. Iflix has greenlit a number of projects which underpin this strategy and support home-grown talent.[39] The emphasis on localisation includes dubbing and sub-titling content, as well as engaging local content creators to produce compelling local stories through their work.[40]
Tackling Piracy[edit]
The company says it is an alternative that is better, safer and more convenient than piracy, and that it further respects local cultural and religious standards and preferences in each market with a strategy to build and support the industry ecosystem, to generate jobs in the creative field.[41]
Features[edit]
Playlists[edit]
In August 2016, Iflix launched its 'Playlists' feature, consisting of curated playlists of film productions from over 150 celebrities in the Southeast Asia, as well as 'Collections' based on moods and popular themes. Notable celebrities on 'Playlists' include Afdlin Shauki, Amber Chia, Ashraf Sinclair, Michelle Ziudith and 'Ploy' Ployphan Taveerat.[75]
Download and Watch Offline[edit]
The service also offers the option of offline viewing to its members through its 'Download and Watch Offline' feature, where subscribers can download content with a Wi-Fi connection or with mobile data to their Android and IOS devices to watch when there is no connection. Content can be downloaded in either "low", "medium" or "high" quality formats.[76]
IflixFREE, IflixVIP and Iflix LIVE[edit]
In April 2018, Iflix CEO Mark Britt announced that they shift from its traditional subscription-only model into two tiers as part of its revamp, they named IflixFREE, IflixVIP and Iflix LIVE. The free tier is an ad-supported free service which features a curated Movie of the Day, premium short-form content, promotional episodes and pilots from premium TV series and movies, premium international and local TV series for free viewing and original programming. The VIP tier is a subscription-only service which includes premium access to hundreds of movies and TV shows from local and international countries. The company also announced that they will launching Iflix LIVE, a live hub which features live streaming of linear local over-the-air and Pay TV channels across both tiers.[78]
