According to the latest market analysis from the European Audiovisual Observatory, there was a 3.1% increase of pay TV subscribers from 2017 to 2018 with revenue representing RUB95.3 billion (€1.29 billion).
In total, there are 35-36 million households subscribed to pay TV in the country – a penetration of 62-63% of the population. This was a growth of 1% over the previous year.
While OTT services are growing, cord-cutting is yet to catch on in the country with only 4.3% of the population of major cities no longer subscribing to any form of pay TV.
Overall revenues for OTT services in Russia reached RUB8.7 billion (€117.4 million) in 2018, accounting for 9% of all pay TV market revenues. An estimated total of 2-2.5 million people subscribe to OTT services, making up only 5-7% of the pay TV subscriber base.
This is broken down by online cinema, TV channels and aggregators at 72.5%, 17.6% and 9.9% respectively.
The research predicts that OTT revenues will grow by 15.7% per year, reaching RUB23.4 billion (€315.7 million) by 2023. At this point, OTT will be only five times smaller than the pay TV market.
Overall revenue from legal video services was RUB24.86 billion (€335.3 million). This is estimated to rise by 24% per year, to reach RUB587 (€792.1 million) by 2022. SVOD revenue in particular was at RUB6.03 billion (€81.3 million) and represented 24% of the total revenue of legal video services.
Cord-cutting in the country is mostly based around more densely populated areas, with 42.1% of cord-cutters being in cities with a population of over 1 million. In total, 1.7 million people or 660 thousand households have cut the cord.
Liberty Global trialling Distributed Access Architecture with Teleste digitaltveurope.com/2021/04/15/lib…
15 April 2021 @ 13:07:55 UTC
European Commission takes issue with planned French SVOD rules digitaltveurope.com/2021/04/15/eur… https://t.co/gg6JXRhAAe
15 April 2021 @ 12:05:47 UTC