The Problem
Xiaomi TV+ was looking to differentiate itself with unique content genres, regionalized content, and breadth of FAST channels as an emerging FAST platform.
Xiaomi TV+ was facing various challenges:
Content acquisition
- Managing diverse content from multiple providers was a time-consuming endeavor. The legal and administrative processes required to finalize contracts involved extensive back-and-forth communication and often took several months for a channel to launch.
Managing revenue models
- Given their diverse partnerships, Xiaomi TV+ required a sophisticated solution to manage various revenue models effectively. Simultaneously, it was crucial to maximize ad revenue while ensuring a seamless user experience.
Scalability
- As Xiaomi TV+ expanded into new markets, ensuring rapid and efficient scaling of operations and acquisitions became critical, along with managing a growing content library with diverse rights and local regulations.
Localized content
- As Xiaomi TV+ expanded into regions such as India, other South Asian countries, and LATAM, acquiring content that caters to diverse language and regional preferences became imperative.
The Solution
Xiaomi TV+'s partnership with Amagi CONNECT showcases the marketplace’s value in the FAST market.
Xiaomi TV+'s partnership with Amagi CONNECT showcases the marketplace’s value in the FAST market. By addressing key challenges and providing scalable solutions, Amagi CONNECT empowers Xiaomi to enhance Xiaomi TV+, delivering a delightful viewing experience and driving business growth.
Adopting the largest FAST Marketplace
Amagi CONNECT, with a broad catalog of channels across languages, genres, and regions, provided Xiaomi TV+ with the following:
Unified marketplace
- Provided access to a vast network of content providers, simplifying the content aggregation process. With Amagi CONNECT, Xiaomi TV+ can provide a richer, more diverse viewing experience with over 150 channels.
Flexibility
- Offered hassle-free services in managing distribution, delivery, and monetization
services. The self-serve marketplace enabled Xiaomi TV+ to discover and engage
directly with content providers, facilitating customized deals with real-time contract
tracking and seamless order fulfillment.
Scalability
- With automated workflows, the time from content acquisition to channel launch for deal closure was reduced from months to days.
Localized content curation
- Access to an extensive catalog catering to local preferences is crucial for markets like India.
Global expansion
- Enabled Xiaomi TV+ to expand to LATAM and European countries, utilizing the local and varied content catalog.
"Adopting Amagi CONNECT helped us fasten our channel acquisition process
without admin and legal hassles, saving days of manual efforts. At the same
time, CONNECT was instrumental in finding regional content suitable for local audiences as we expanded our reach to newer markets."
Bohan Wang, Global Business Development Manager