India to hit 500m OTT subs in next five years

India is set to become the second-largest OTT market in the world over the next five years. A new study from Indian OTT platform Eros Now and KPMG in India projects that the country will have more than 500 million online video subscribers by 2023. This would make it second only to China in terms […]

Telia hopeful of fixed-mobile convergence merger in Latvia

Telia has welcomed a proposal to merge Latvian fixed-line telco Lattelecom and the leading Latvian mobile operator LMT from consultants KPMG, who were hired by the Latvian government to study strategic alternatives for the pair. Swedish-Finnish telco Telia holds separate 49% stakes in both operators. Lattelecom itself holds a 23% stake in LMT. The Latvian […]

Netflix model ‘could up sports teams’ revenues by x56’

Major football clubs could up fan revenues by a multiplier of 56-times by replicating Netflix’s subscription content model, according to the GM of Microsoft’s sports business. Speaking at the KPMG and Microsoft Football Benchmark Forum in London last week, Sebastian Lancestremere claimed that clubs have “so many stories you can tell” and that taking a […]

BBC Trust: no evidence the BBC ‘crowds out’ competition

There is “no clear evidence” that BBC entertainment, news and online content “crowd out” commercial broadcasters or local newspapers, according to research commissioned by the corporation. The report, conducted by KPMG for the BBC Trust, said that there was no firm evidence linking the BBC’s activity with patterns of increasing or decreasing consumption of entertainment […]

Most popular film and TV content now available digitally, says KPMG

The film and TV industries are reacting to digital consumer demands, with the “vast majority” of the most popular and critically acclaimed content now available on legal digital platforms, according to KPMG. The accountancy firm’s report, called ‘UK availability of film and TV titles in the digital age’ claims that as at December 2013, 86% […]

OTT platforms ‘could buy producers in 2014′

Another report into media industry mergers and acquisitions activity has singled out Netflix and Hulu as likely drivers of business next year. OTT services could “act as a catalyst for M&A activity” in 2014, auditor KPMG has predicted. “Many of these businesses are moving from offering ‘secondary’ content – TV content and films which have […]