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. It rolled out its services in Singapore, Philippines, Thailand, India, and Indonesia. Singapore Telecommunications Ltd (Singtel) has an indirect 76.5% effective stake in HOOQ. Video on demand streaming service, HOOQ, has announced its new ad-free freemium service which allows more customers to try out the service at no cost. HOOQ's new model allows registered users to watch pilot episodes of all TV series for free even after their free trial period has ended, giving customers a chance to decide if they would like to continue to watch the rest of the series before they pay for the subscription. In addition, HOOQ's will also implement a new app interface with improved search engine, wish-lists, and optimized content delivery for faster app start and streaming start times. Read more in our articles including "HOOQ files for liquidation" and "HOOQ unveils new ad-free freemium service".
Video streaming service company, HOOQ Digital, has filed for liquidation due to inadequate growth and…
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May 8, 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. It rolled out its services in Singapore, Philippines, Thailand, India, and Indonesia. Singapore Telecommunications Ltd (Singtel) has an indirect 76.5% effective stake in HOOQ.
Our coverage of hooq philippines includes: "HOOQ files for liquidation"; "HOOQ unveils new ad-free freemium service"; "HOOQ now available on Android and iOS". Each article provides unique insights and information.