Between 2014 and 2020, the US pay-TV industry lost over 18 million subscribers, while the broadband market has accelerated, with 40% of US broadband households receiving a standalone service, new research from Parks Associates estimates.
Total VOD revenues in Western Europe are estimated to rise from €10,655 million in 2020 to €18,031 million in 2024. The most profitable sector will be football rights, set to go from €11 billion to €27 billion over the period
Due to the pandemic, mobile adoption boomed in 2020, advancing 2-3 years in 12 months. Therefore, mobile time spent surpassed live TV, according to App Annie’s latest “State of Mobile” report.
The number of SVOD users increased by 20.4% in 2020 reaching an estimated 958.6 million. In 2021, SVOD is expected to cross an important milestone as it surpasses 1 billion users worldwide, according to data presented by Trading Platforms.