Converge has consistently held the top rank in the Netflix Speed Index since the beginning of the year. However, July marks the second consecutive month in which Converge stands alone as the frontrunner in delivering seamless streaming experiences.
Fans of online shopping and Netflix may soon find themselves shelling out more than the usual after the House of Representatives on Monday, Nov. 14, approved on third reading House Bill 4122 which imposes tax on digital transactions and subscriptions.
During a recent Senate hearing, Sen. Robin Padilla broached the possibility of crafting a law that would allow the Movie and Television Review and Classification Board (MTRCB) to act against inappropriate content on online streaming platforms.
Sen. Ramon "Bong" Revilla Jr. made the suggestion in a Senate resolution that was filed a day after Albay representative Joey Salceda proposed the imposition of tax on Netflix and Facebook ads, among other Internet firms, as a way of generating revenues for the government.
Despite the booming market for video-streaming services brought about by the Covid-19 pandemic, regional streaming site Hooq formally closed down its operations on Thursday, April 30. Its CEO, Peter Bithos, served as chief operating officer of Globe Telecom from 2010 to 2015.