Digistar Inks Deal With MNC Group To Offer 40 OTT Channels From RM10

Panorama TV Asia Broadcast Sdn Bhd the subsidiary of Digistar Corporation Berhad and MNC Group has agreed to provide Internet TV through its Over the Top (OTT) platform for the Malaysian hospitality and residential market.

MNC Group is the leading broadcast service provider and content provider in Indonesia, together with Panorama will introduce new content showing a variety of new content in three main languages, Indonesian/Malay, English, and Chinese.

Panorama TV will provide 40 channels of content from international producers to enhance the selection of entertainment for the hospitality industry and residential market in Malaysia.

Studies and surveys indicate that there are many hotels, hospitals, and service apartments that have limited TV channels due to the higher cost and limitations of technology. For example, there are about 80-100 channels in Thailand and Indonesia available in the hospitality industry, while there are only 10-20 channels offered in Malaysia at the moment. Panorama TV is excited about its cooperation with the MNC group as they have vast experience in Internet TV through OTT to share with us in Malaysia.

Digistar’s streaming-based TV using OTT technology requires low bandwidth, it has the additional option to provide Pay Per View in its current channels, such as the prominent World Cup matches and other important events. Panorama TV is likely to offer 40 channels with thousands of content worth a price of RM10 and above.

The parties are also looking to target the 2-3 million Indonesians working in Malaysia to access their home entertainment channels via their mobile phones at minimum costs. The system jointly developed by Panorama and MNC group also has the capability to offer Telco subscriptions. Panorama TV plan to assist the Ministry of Education to stream live certain curriculum for the Malaysian educational institutions. We believe this is a great idea for remote areas to access remote online education.

In addition, we shall provide one channel to assist the agriculture sector to promote and market their daily harvesting products as it is now costly and expensive to market Farmers’ products.

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