According to a report, Netflix registered a gross subscriber revenue of nearly $510 million in 2017, representing a 138% increase in total user spending in the app since 2016. The number which is about 2.4 times the previous year’s, has made Netflix, the highest grossing non-game app on Apple’s store. However, on Google Play it …
China is witnessing an exponential growth in digital video. Its subscription video-on-demand (SVOD) segment is attracting larger audiences compared to live streaming video which has also been growing rapidly. The number of SVOD subscribers in China will reach 144.0 million this year according to projections from JP Morgan Chase & Co. This amounts to more …