Intelligent CIO Middle East Issue 22 | Page 67

INTELLIGENT BRANDS // Mobile Technology The Egyptian market is one that grants huge reach to any service or product; with a population fast approaching one hundred million with a majority comprised of the young digital citizens. This market is highly receptive and promising to services like Viu. While we learn from all the markets we operate in, we treat every market with the utmost attention to the target audience, relevance and premium offerings. In Egypt, we provide a line-up that comprises Arabic, regional and Bollywood-dubbed movies, along with the most recent TV series, including multiple simulcasts. Sherif Dahan, Regional Director – OTT MEA at Vuclip different from Algeria, Tunisia and Morocco. The languages and genres of content for each of those markets is a major factor when considering launching an OTT service. Internet and smartphone penetration, quality and speed of connections and Average Revenue Per User (ARPU) levels are not as high as other regions, yet scale is incomparable. Is digital TV in Egypt a viable entertainment option? Yes; however, there many factors that come to play. With the young population, below the age of 35, constituting more than half of the population, consumption of content through digital media, be it smartphones, desktops, laptops and tablets, is exponential. Internet penetration and fixed broadband affordability are both experiencing an upward trend. The challenge lies in the economic situation at the current stage in Egypt after the devaluation of the Egyptian pound, whereby the overall buying power of the largely dominant middle class has been majorly affected; making access to smartphones and higher data packs ever more challenging. www.intelligentcio.com How does Vuclip plan to scale in Egypt and the Middle East? VIU is already live in eight markets in the Middle East; the full GCC as well as Jordan and Egypt. In those markets, consumers can access an extensive premium library of movies, TV series, TV shows, documentaries, select sports shows and thousands of music videos. For each of these categories, we strive to be highly relevant to the regions and countries we operate in. In the Arabian Gulf, our library includes Arabic, Indian, Filipino and regional content across the mentioned categories and hence the traction from locals, expats, as well as major diasporas like Indians and Filipinos, is very high. We make sure to constantly update our service with titles that are highly popular as well as some ‘Day and Date’ runs of shows like the line-up of Ramadan TV series we had throughout the month of June. Our app is already on the top in the Google Play Store entertainment category, reflecting the type of traction we are getting in our markets. What is the difference between Egypt and rest of the world as far as Vuclip’s market opportunity is concerned? We complement these with selected TV shows from across the region and prominent global producers and distributors of sports, cooking, prank/ practical joke shows and documentaries, which have proved to drive traction among our audience in Egypt. Egypt has a long cinematic history that contributes to more than 90% of the Middle East yearly production of movies and TV shows. Hence, the entertainment preference of the Egyptian audience has to be taken into consideration when formulating a content offering strategy. In addition, features like ‘download to watch later’ is one that VIU offers, which has proved to be highly appreciated by our Egyptian user base. n “VIU is already live in eight markets in the Middle East. We strive to be highly relevant to the regions and countries we operate in.” INTELLIGENTCIO 67