Video streaming service company, HOOQ Digital, has filed for liquidation due to inadequate growth and inability to cover escalating costs. According to a report by Reuters, HOOQ was not able to grow sufficiently to provide sustainable returns nor cover escalating costs. HOOQ is based in Singapore and was founded in 2015 as a joint venture of Sony Pictures, Warner Bros., and Singtel. Singapore Telecommunications Ltd (Singtel) has an indirect 76.5% effective stake in HOOQ. The term liquidation, according to Investopedia.com, is "the process of bringing a business to an end and distributing its assets to claimants. Read more in our articles including "HOOQ files for liquidation" and "BIR opens Tax Payer Portal".
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Apr 2, 2026Video streaming service company, HOOQ Digital, has filed for liquidation due to inadequate growth and inability to cover escalating costs. According to a report by Reuters, HOOQ was not able to grow sufficiently to provide sustainable returns nor cover escalating costs.
HOOQ is based in Singapore and was founded in 2015 as a joint venture of Sony Pictures, Warner Bros., and Singtel. Singapore Telecommunications Ltd (Singtel) has an indirect 76.5% effective stake in HOOQ. The term liquidation, according to Investopedia.com, is "the process of bringing a business to an end and distributing its assets to claimants.
Our coverage of hooq liquidation includes: "HOOQ files for liquidation"; "BIR opens Tax Payer Portal"; "DTI retracts plan to require permit when running online ads and promos". Each article provides unique insights and information.