Singapore-based regional streamer Hooq files for liquidation

Singapore-based regional streamer Hooq files for liquidation
Five-year-old Ott service cited a failure to grow revenues quickly enough and cover its increasing operating costs.

Pan-Asian streaming service Hooq has filed for liquidation in Singapore, citing a failure to grow revenues quickly enough and cover its increasing operating costs.

Launched in 2015, Hooq is jointly owned by Singapore telecoms operator Singtel, Sony Pictures Television and Warner Bros. The Singapore-based service last reported around 80 million users across five territories: India, Indonesia, Thailand, Singapore and the Philippines.

In a statement, the Ott service said it had survived through “significant structural changes” in the streaming market for the past five years, but
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