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Netflix to Drive Digital Spending in Netherlands 09 January 2015

Digital video expenditure is forecast to exceed consumer spending on packaged media in the Netherlands this year, driven by pay TV, video-on-demand and Netflix, according to research by Futuresource Consulting.

According to Futuresource, digital expenditure will account for 66% of home video expenditure this year, with the overall digital video market set to grow by 51%, with retail expenditure totaling €215 million (US$254.8 million). SVOD is expected to produce turnover of €111 million this year, driven by the Netflix effect. SVoD is predicted to account for 55% of all home video spend by 2018, reaching €240 million.

Netflix has 31.7 million paid subscribers! What are you still waiting for? Launch your own Video Streaming or VoD Platform for FREE and in a matter of few hours with the help of Muvi Studio.

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