TV Clips Closed

Clip TV video and television service operated in Vietnam for nearly 20 years before deciding to close in 2026.

TV Box of Clip TV. Photo: Khuong Nha .

According to the announcement on the website and mobile application, the Clip TV platform will stop operating from December 31. Thus, this unit will stop providing digital transmission services and movies via OTT apps on smartphones and smart TVs before 2026. The development shows the high level of competition in the pay TV segment in Vietnam, when many big players leave the game.

“ MobiFone informs you that Clip TV will officially stop providing services from December 31. During the time of companionship, MobiFone and Clip TV have strived to bring rich and quality entertainment experiences. MobiFone sincerely thanks you for choosing to accompany us in the past time”, announced on the website and Clip TV app when users access.

As a long-standing Internet service in Vietnam, ClipTV has undergone many changes during its operation. Established in February 2007 by Bach Minh Joint Stock Company (Vega), this platform was considered "Vietnam's YouTube" with the name Clip.vn, used for video sharing in the early stages. However, the website could not compete when Facebook and YouTube became more and more popular. This led to ClipTV's first closure in 2015.

Notice of Clip TV's shutdown.

By 2016, Clip became Clip TV, changing its model to OTT television. Vega released the Clip TV Box hardware device, turning regular TVs into smart TVs. By 2020, the platform was transferred and operated by MobiFone. The application became part of the network ecosystem.

In addition to Clip TV, K+, another major television station in Vietnam, is also facing many difficulties. Currently, this station only sells subscription services until the end of this year, at the same time Clip TV closes. Previously, K+ was the owner of many copyrights for attractive sports tournaments such as EPL, F1, etc.

Since July, information about K+ Television's imminent withdrawal from Vietnam has spread on social media, attracting a large amount of public discussion. The source of the news comes from Canal+, the station's major shareholder, considering withdrawing from the Vietnamese market because the losses "have become significant" and "there is no feasible solution", according to DecodeTV.

"We may decide to drastically restructure our operations here, or even consider withdrawing completely," said Canal+ CEO Maxime Saada.

After that, the station said that they still sell and renew “normally”, and continue to broadcast the tournaments that this company holds the copyright. After this statement, the K+ package on many OTT applications and cable TV is no longer distributed. To watch the copyrighted Premier League, viewers are forced to buy K+.

With the uncertain future of K+, users of this unit and sports-interested audiences are worried about the copyrighted English Premier League football channel.

Source: https://znews.vn/clip-tv-dong-cua-post1607872.html