https://www.cnbc.com/2019/01/08/mbc-group-reportedly-launches-its-own-streaming-service-to-rival-netflix.html

Major Middle Eastern broadcaster MBC has launched its own video streaming service in a bid to rival Netflix in the region, the Financial Times reported Tuesday.

The company has tapped former Hulu executive Johannes Larcher to boost its video on demand (VOD) service Shahid, the FT reported, citing unnamed sources. The service will look to develop new Arabic content, sources told the newspaper.