Online video revenue across 14 markets in Asia Pacific is expected to reach US$35 billion by 2021 – an average annual growth of 22% from 2016, according to a new report published this week by Media Partners Asia (MPA).

“The cord-nevers of the Millennial generation are pushing mobile higher – and video-happy Generation Edge is close behind with smartphones in hand,” says Telstra subsidiary Ooyala, introducing its new Global Video Index covering the last quarter of 2015.

Philippines’ free-TV network GMA has reported a 111% improvement in performance last year over 2014, with net income of Ps2.126 billion/US$46 million for 2015.

Turner’s 24-hour pan-regional factual service, World Heritage Channel, launched in Thailand this month, with carriage on telco AIS Thailand’s Playbox OTT and Play mobile app.

Asia is in streaming overdrive. And content owners and rights holders couldn’t be more in love with theslew of new and existing platforms driving growth.

Asia is in streaming overdrive. And content owners and rights holders couldn’t be happier.