While the flat panel TV market is experiencing challenges, Covid-19 has had the opposite impact on the streaming media device market with video streaming services becoming more popular during lockdown due to their low-cost compared to pay-TV.
The Department of Finance and the Bureau of Internal Revenue are currently crafting regulations and designing a system to collect VAT on digital transactions to help the government raise revenues.
Freedom is a streaming service that gives current subscribers access to premium channels and lets them watch content whenever they want and where ever they are.