Deloitte: VR to celebrate first US$1bn year in 2016

Virtual Reality will celebrate its first billion-dollar year in 2016, driven by approximately US$700 million (€645 million) in global hardware sales, according to Deloitte. The professional services firm’s ‘Technology, Media and Telecommunications Predictions 2016’ report claims that approximately 2.5 million VR headsets and 10 million games will be sold this year. “The notion of virtual […]

Streaming overtakes live viewing in the US

Streaming content has overtaken live programming as “the viewing method-of-choice” among Americans, according to Deloitte’s latest ‘Digital Democracy Survey’.  The ninth edition of the research report claims that, on a monthly basis, 56% of US consumers now stream movies and 53% stream TV, compared to 45% who prefer to watch TV programs live. Among millennials […]

SVoD to account for just 3% of pay TV market, claims Deloitte

Subscription video-on-demand services popularised by the likes of Netflix and Amazon will account for just 3% of the global pay TV market this year, according to Deloitte.  Predicting the top media trends for 2015, the professional services firm said that it expects SVoD to generate roughly £5 billion (€6.4 billion) globally this year, compared to […]

TV bingeing ‘common in the UK’, says Deloitte research

Bingeing on TV programmes is common practise in the UK, with 24% of people polled in Deloitte’s Media Consumer 2014 survey claiming they prefer to watch several episodes at once than wait for the weekly broadcast. According to the study, “bingeing predominates among younger viewers” with a third of 25 to 34 year olds watching […]

SVOD to deliver multi-billion dollar pay TV boost

Up to 50 million homes globally by the end of 2014 will have two or more separate pay TV subscriptions, generating extra revenues for the industry, according to new research by Deloitte. In its annual Technology, Media & Telecommunications (TMT) Predictions, Deloitte predicted that multiple subscriptions – spurred by SVOD services including Netflix – will […]

UK SVOD revenues to reach €190 million

Subscription video-on-demand (SVOD) revenues in the UK are due to reach around £160 million (€190 million) this year, an increase of 167% compared to 2012, according to new research from Deloitte.  The business advisory firm said that half of the respondents to its study used SVOD services, such as Netflix and Lovefilm, in addition to […]

Mainstream broadcasters in strong position to exploit DTT

Deloitte says mainstream broadcaster’s strong existing brands put them in a strong position to exploit opportunities in the over-the-top (OTT) sector. The accountancy firm pinpointed the existing broadcasters’ ability to make OTT moves as one of its key trends for 2013. It noted: “Mainstream broadcasters’ strong brand image and customer loyalty will put them in […]