OTT TV episode and movie revenues for 19 Latin American countries will increase by US$7 billion between 2023 and 2029 to reach US$17 billion, Digital TV Research revealed in its latest report.
The episode and movie revenues will reach $82 billion in 2029, up from $74 billion in 2023. SVOD revenues will increase by only $2 billion to $55 billion, with little growth from 2025.
AMC Networks reported financial results for the second quarter, revealing that the group’s streaming revenues increased 13% to US$137 million, primarily driven by year-over-year streaming subscriber growth and 2022 price increases.
North America is set to drop below 50% of global subscription revenues generated by subscription OTT services, Ampere Analysis said in its latest report.