Astro Malaysia Holdings, a leading pay-TV operator in Malaysia, has secured a loan of RM400 million ($95 million) from Sumitomo Mitsui Banking Corp (SMBC) to fund its content production expenses and combat copyright infringement. The loan will primarily be used to finance the production, purchase, and licensing of content, as well as the procurement of set-top boxes. Astro has also taken legal action against several outlets accused of streaming pirated content without authorization. These actions demonstrate the company’s commitment to protecting its copyrighted content and ensuring respect for intellectual property rights. The loan reflects the company’s strategic vision for growth and its efforts to position itself as a market leader in Malaysia’s pay-TV industry. Astro aims to provide high-quality entertainment while raising awareness about the importance of consuming content through legitimate channels.
Astro Malaysia Secures RM400mil Loan for Content Production and Fights Copyright Infringement
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