New research from research consultancy Parks Associates shows a significant drop in US consumer spending for streaming video services between 2021 and 2022. According to the company’s data, US internet households spent $69 per month on OTT services in 3Q 2022, down from $90 in 1Q 2021 – a fall of around 23%. In a […]
Asia Pacific OTT TV episodes and movie revenues will reach $52 billion in 2028, predicts Digital TV Research. OTT TV episodes and movie revenues across the Asia Pacific region will go up by 56% from the $33 billion recorded in 2022. The media research outfit also forecasted from the $19 billion additional OTT revenues, China […]
OTT episode and movie revenues will reach $45 billon in Western Europe by 2028, according to a report conducted by Digital TV Research. The research outfit predicted this will amount to a $18 billion rise in revenues from the $27 billion generated in 2022. Digital TV Research’s analysts further added the UK will account for […]
Indonesia’s OTT streaming service Mola has deployed Broadpeak’s umbrellaCDN™ CDN selection, BkA100 video analytics, and Advanced CDN solutions to improve the quality of its ABR streaming service. The video streaming technology outfit’s solutions will enable Mola to select the CDNs that are the best fit for each content request and provide subscribers with an outstanding quality […]
Latvian service provider Tet, has launched its OTT solution on VIDAA operating system powering Hisense smart TVs. The company’s à la carte OTT platform first launched in 2021 which allowed customers to personalise their TV packages and combine them with streaming services. The expansion will provide customers with more options to access their preferred content on […]
Americans will soon spend more on streaming services than pay TV, claims a new report. According to a new study from Strategy Analytics, consumer spend in the country on streaming services like Netflix and Disney+ will overtake the amount being spent on traditional pay TV services by 2024. The report notes that consumer spending on […]
Consumers may be ‘permanently shifting away from linear TV’ a new report has said. According to the latest global video index from Brightcove, streaming has become the go-to choice for viewing, with connected TVs in particular seeing a surge in use. CTV views increased by 428% in the first half of the year versus H1 […]
2020 has been dubbed ‘the year of direct-to-consumer (DTC) OTT video’, with it being predicted that subscription numbers will reach 900 million worldwide. According to a new study from ABI Research, the growth of DTC OTT will continue to create a challenging market for vMVPDS. The report says that the arrival of even more DTC […]
Nielsen-owned Gracenote has announced that it will expand its OTT guide offering into Europe. This expansion means that the company now covers 13 markets in North America, Europe, Latin America and Asia Pacific. It claims to be the world’s largest OTT guide provider. The company provides data to help OTT services develop programme guides and […]
Netflix has seen a gain of 6.77 million subscribers in Q3, the streaming giant has reported. This figure, which brings the total global user base to 158 million households, is slightly above analyst predictions of 6.7 million. The news will come as a welcome reprieve to Netflix, which has had a tricky quarter followed the […]
