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Online content consumption to clock $129 billion by 2023

Global OTT revenue is estimated to touch $129 billion in 2023 if reports are to believed. The forecast is more than double than the numbers recorded in 2017. In fact, $16 billion will be only added this year alone. According to Global OTT TV & Video Forecasts, out of the 138 countries covered, the top …

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Eastern European OTT revenue set to rise in 2023

According to research reports, OTT revenues for 22 Eastern European countries will reach $3.51 billion in 2023, triple the amount $1.01 billion recorded in 2017. Russia will account for 40 percent of the region’s OTT TV episode and movie revenues, while Poland is expected to generate 23 percent. The report further states that subscription VoD …

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T-Mobile pulls plug on OTT TV Knippr

T-Mobile Netherlands will soon shut down it’s OTT TV service Knippr which has been struggling to attract subscribers. The standalone OTT service which was designed T-Mobile’s “mobile-first” strategy failed to cater to the young audience’s demand something which it was primarily intended to. Quoting that Knippr was too early to be projected in the mass …

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Poland named the top OTT TV market in Europe

According to S&P Global Market Intelligence, Poland tops the OTT TV consumer count list. The research found that 81% of internet users in Poland said they stream video on their TV sets, compared to 79% in the UK, and 74% in both Sweden and Germany. US OTT TV consumers proportion at 73% followed by Italy …

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Over the next five years, OTT TV and film revs to reach $83bn

According to a study from Digital TV Research, online TV episode and movie revenues for the leading 138 countries are going to hit $83 billion in 2022, which is more than twice of the $37 billion recorded in 2016. The new Global OTT TV & Video Forecasts report also suggests that Over the Top (OTT) …

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Golden Karavan launched to create a stir in the Indian OTT market

Golden Karavan which is being touted as the potential Netflix of India is being launched. The company believes that since there is a drought of quality content, combining resources of US and India would enable filling this gap. The service is claimed to be a first-of-its kind, Indian-focused OTT TV Company. This service is intended …

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Western Europe to hit 65 million SVOD subs

SVOD revenues in Western Europe will rise to $6.5 billion by 2022, a rise from $2.8 billion in 2016 surpassing AVOD, according to Western Europe OTT TV & Video Forecasts report. The total revenue for OTT TV episode and movie revenues for 18 Western European countries will hit $14.65 billion in 2022 which is more …

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DAZN to be introduced in new markets

Perform Group will expand its DAZN OTT TV sports service next year. DAZN is essentially associated with sports broadcasting and is focused on aggregating 2nd and 3rd tier sports content into one platform. Diederichsen said that there will remain a role for aggregators.

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OTT and SVOD continue to grow in Latin America despite Free services

Free services and the threat of piracy in Latin America (LATAM) could not be as big of a threat to over-the-top (OTT) and subscription video-on-demand (SVOD) markets as it may be thought to be as per a research from Digital TV Research. Revenues from OTT TV episodes and films for 19 LATAM countries is expected …

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OTT TV and video thrives in Latin America

In Latin American (LATAM) countries, revenues from OTT TV and movies are expected to hit $4.60 billion in 2022. This is a rise from $1.87 billion in 2016. SVOD will continue to be the region’s largest OTT revenue source amounting to $2.86 billion by 2022 (62% of the total). By 2022, as per OTT TV …

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