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Revenues Surging for Spotify

The music industry is expecting its third consecutive year of growth in 2017, thanks to many paid subscription streaming services including Spotify. In the first half of 2017, it recorded a revenue of 1.9 billion euros ($2.2 billion), which is nearly 70 percent of the annual revenue that Spotify reported in 2016. At this pace, …

Adding GST to movie downloads could raise billions: Treasurer Joe Hockey

Billions of dollars in additional revenue could be collected by applying GST to downloads of music and movies from international video on demand services such as Netflix, Treasurer Joe Hockey says. The move would see popular overseas media streaming services, such as Netflix — which officially launched in the Australian market late last month — …

Digital content opportunity to deliver $14bn revenues for operators by 2019

New research from Juniper Research has found that content paid for via carrier billing will provide operators with more than $14bn in revenues over the next five years. The new research suite, ‘Digital Content Business Models: OTT & Operator Strategies 2015-2019’ argues that growth will be fuelled by a dramatic rise in carrier billed payments …

Mayweather-Pacquiao Bout Could rake up record $400M Revenue in PPV

New details are emerging with regards to the potential revenue of the Floyd Mayweather vs. Manny Pacquiao fight in May in Las Vegas. Bob Arum, the veteran promoter and head for Top Rank Promotions, has said in a recent interview that the Mayweather-Pacquiao fight is expected to generate about $74 million in ticket sales and …

Pay-TV revenue dips, OTT scales new heights, says Digital TV Research study

The tide is turning. Once considered merely an “early adopter” offering, over-the-top VoD services are poised to come into their own and earn some big bucks. Pay TV revenues peaked two years ago and are now on the drop, at the same time that over-the-top revenues have begun to significantly grow, according to a study from …

Netflix and Spotify to make streaming a billion pound industry in UK

The online VoD services subscription market in the UK is on track to reach half a billion pounds this year amid consumers’ growing desire for on-demand access to film and television that better suits their schedules and tastes. Services such as Netflix, BBC iPlayer and Amazon Instant Video have created a “dramatic” growth for the video …

Department of Revenue in Alabama Issues Proposed Regulation Taxing Digital Streaming Services

The Alabama Department of Revenue has issued a proposed regulation that, if finalized in its present form, would substantially expand the scope of the state and local rental tax applied to VoD platforms and other digital streaming services. The expanded rental tax would be imposed on certain “cable or satellite television providers, online movie and digital …

Dutch TV Market grows with IPTV boom

The Dutch TV market added 20,000 net additions during the fourth quarter of 2014, driven by mainly by growth in video streaming services delivered via DSL or fibre, according to new research by Telecompaper. The research said that there was a 0.6% increase in digital TV subscribers, which more than offset a 4.6% decline in analogue-only …

Online Video Industry in China is now worth 3.5 Billion Euros

Revenue generated by the Chinese online video streaming services market reached 23.97 billion yuan (€3.46 billion) in 2014, increasing 76.4 per cent from a year earlier and helped by the sale of self-produced content rights, according to consulting firm iResearch. The fast growth of last year’s revenues was mainly driven by the sales of home-produced …

VOD poses fierce challenge to linear TV in all forms of revenue generation

Linear TV broadcasting is likely to remain the dominant form of TV consumption, but there are two fundamental factors slowly changing the way people engage with the medium. These are video streaming platforms (VODs), which allow subscribers to consume video content either in real time or download it to watch later, and device proliferation. In December 2014, …

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