Vidio Dominates VOD Market, Netflix and Disney+ Better Watch Out

Summary

In the Indonesian market, Netflix and Disney+ may have lost to Vidio, a local video streaming service. Bloomberg reported that Disney+ has more customers in Indonesia, but most of these customers come from a strategic partnership with Telkomsel. Meanwhile, Vidio has the most users, with 3.5 million subscribers. The latest data from Media Partner Asia (MPA) showed that Vidio is the most popular video streaming platform in terms of consumption.

"The video is a rare success story of local players," Bloomberg wrote on Monday. According to Bloomberg records, US video streaming companies control most of the world's market. Netflix dominates the markets of Brazil, Mexico, South Korea, Australia, and much of Western Europe. Amazon is one of the biggest players in Japan and certain European regions, while Disney+ is the market leader in India.

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