News On Japan

TVer Hits Record High with 35 Million Monthly Users in January 2024

TOKYO - Commercial broadcasting's official streaming service TVer (ティーバー) has reached a new milestone with its January 2024 monthly video views surpassing 400 million and total app downloads hitting 70 million. The number of monthly users has also reached a record high of 35 million MUB (Monthly Unique Browsers).

TVer Hits Record High with 35 Million Monthly Users in January 2024

Since its launch in 2015, this is the first time that TVer's monthly video views have exceeded 400 million. The number of monthly users has increased by 5 million in just five months since surpassing 30 million MUB in August 2023. In particular, the number of monthly users on connected TVs has increased by approximately 1.5 times compared to the same month of the previous year.

For six consecutive months, the number of video views on connected TVs (CTV) has exceeded 100 million. About 30% of TVer's total viewership is on CTV, showing steady growth since the service began supporting CTV viewing in April 2019. Additionally, there is a high proportion of "co-viewing," where multiple people watch together, with an average of 1.7 viewers per program on TVer, indicating a trend of use within households and among friends.

January 2024 also saw an expansion of content across various genres, including special New Year's programs, dramas, variety shows, past series, live sports events such as the "New Year Ekiden 2024," the "100th Hakone Ekiden," and "High School Soccer," as well as anime like "Haikyuu!!" and "My Hero Academia." This broad range of content contributed to the increase in user numbers and video views.

Note 1: TVer's video views include VOD, real-time streaming, catch-up playback, and SP LIVE, calculated by Video Research. Note 2: The number of unique browsers for the entire TVer service from January 1 to 31, 2024. Note 3: Survey conducted by Macromill, targeting 212 males and females aged 15-69 who use the TVer app at least once a month. The survey was carried out from January 5 to January 7, 2024.

Source: MDPR

News On Japan
POPULAR NEWS

Large Typhoon No. 25 was moving northwest over waters south of Japan at 3 p.m. on September 19 and is forecast to strengthen as it approaches Kanto and the Izu Islands from September 20 through September 21, bringing the risk of torrential rain, violent winds and further damage in areas still recovering from last year's typhoon.

A black bear has been spotted near one of the most popular hiking trails on Mount Takao in western Tokyo, prompting authorities to urge visitors to take precautions ahead of the five-day Silver Week holiday and the approaching autumn foliage season.

Starbucks is considering selling a majority stake in its Japanese business, potentially valued at as much as $3 billion, or about 470 billion yen, as the U.S. coffee chain seeks to concentrate management resources on its struggling North American operations.

Japan's Halloween Jumbo Lottery went on sale nationwide on September 16, offering a combined top payout of 400 million yen for the first prize and its adjacent-number prizes.

A new top-tier "Supreme Class" offering fully private compartments above the level of Green Car service will debut on the Tokaido and Sanyo Shinkansen on October 1, with passengers able to experience the new seating at a demonstration booth at Shin-Osaka Station.

MEDIA CHANNELS
         

MORE Business NEWS

The yen strengthened by more than 1 yen against the dollar in a short period late on September 18 after the Bank of Japan conducted a rate check, a step commonly taken in preparation for possible intervention in the foreign exchange market.

Tokyo stocks rose sharply on September 18, with the Nikkei 225 climbing to around 65,350 in afternoon trading after the Bank of Japan raised interest rates to 1.25%, as the yen weakened and investors bought artificial intelligence and semiconductor-related shares.

The Bank of Japan raised its policy interest rate from 1.0% to 1.25% on September 18, lifting borrowing costs to their highest level in 31 years as policymakers moved to contain growing inflation risks, but the yen weakened sharply after the decision as markets focused on two dissenting votes and uncertainty over the pace of further increases.

A market spread is generally the difference between two market prices. Most commonly, traders use the term to describe the bid-ask spread: the difference between the highest price a buyer is currently prepared to pay and the lowest price a seller is prepared to accept.

Tokyo stocks rose on September 17, with the Nikkei 225 closing at 64,136, up 213.25 points, as investors bought selected technology, pharmaceutical, insurance and consumer-related shares after the Federal Reserve’s rate hike, though gains were capped by a stronger dollar, renewed yen weakness and caution before the Bank of Japan’s policy decision.

Hakone, one of the Kanto region's most popular tourist destinations, has been left with just two operating gas stations after a series of closures, prompting the town to provide more than 10 million yen in subsidies to help reopen a shuttered facility.

Japan's Halloween Jumbo Lottery went on sale nationwide on September 16, offering a combined top payout of 400 million yen for the first prize and its adjacent-number prizes.

Japan's National Tax Agency is preparing a major overhaul of the way unlisted shares are valued for inheritance tax, a reform that could significantly affect business succession at profitable, asset-rich companies and would mark the first fundamental revision of the rules since they were introduced in 1964.