Digistar Corp signs agreement with Indonesia’s MNC Group to provide OTT content for local hospitality and private sectors

KUALA LUMPUR, Jan 19 — Digistar Company Berhad has signed an settlement with Indonesia’s largest media firm, MNC Group, to offer digital content material for the native hospitality and residential market.

Digistar Group managing director Datuk Lee Wah Chong stated that the deal goals to offer extra content material to the native hospitality sector with a less expensive subscription worth by its Over-The-High (OTT) platform.

“Research point out that there are a lot of lodges, hospitals, and repair flats which have restricted TV channels. There are about 80-100 channels in Thailand and Indonesia’s hospitality business, whereas there are solely 10-20 channels in Malaysia in the meanwhile.

“And Panorama TV is more likely to provide 40 channels with hundreds of content material at a worth of RM10 and above,” stated Lee, in reference to Panorama TV Asia Broadcast Sdn Bhd, the media subsidiary of Digistar.

In the meantime, Deputy Prime Minister Datuk Seri Fadilah Yusof who witnessed the signing ceremony stated that the collaboration is a continuation of the shut bilateral relationship between Malaysia and Indonesia.

“It is a follow-up between our Prime Minister Datuk Seri Anwar Ibrahim and Indonesia President Joko Widodo’s dedication to strengthen the ties between the international locations, and (media and leisure) is the one space we are able to look into,” stated Fadilah throughout a press convention after the signing ceremony at Sheraton Imperial Lodge as we speak.

Through the press convention, Lee stated Digistar plans to introduce its Web TV service to the market in Could, with the purpose of getting a million subscribers in 5 years’ time.

“We’ll begin the launching by Could this 12 months, and our distinction with different rivals is we’re authorized and may present a significantly better high quality of images and we don’t have buffer points like different TV packing containers,” stated Lee.

He additionally added that Digistar is assured that its providers shall be accepted by the markets as a result of they supply extra channels and they’re cheaper.

He added that Panorama TV will introduce a brand new number of drama, motion pictures, leisure reveals, and academic content material in Malay, English, and Chinese language languages to go well with the various Malaysian market.

When requested by reporters, MNC Group’s Chairman Hary Tanoesoedibjo then stated that the partnership between the 2 firms is unique.

“Sure, the industrial and hospitality partnership is unique, and we additionally goal to create custom-made content material for Malaysian sooner or later,” stated Tanoesoedibjo.

Digistar Company is a publicly listed firm on the Bursa Malaysia and specialises within the know-how and hospitality business.

MNC Group is the most important nationwide enterprise group in Indonesia that has a various portfolio of investments together with media, monetary providers, leisure and hospitality, and the vitality sector.