After falling 2.3% in 2020, total global entertainment and media revenue rose a strong 10.4% in 2021, resuming its trend of outpacing global growth, PwC revealed in its latest report.
The number of SVOD services per user in the U.S. reached 4.6 in April 2022, down from the mid-pandemic peak of 5.2 in October 2020, but up from 4.3 in April 2021.
According to Parks Associates, Sony showed clear growth among smart TVs purchased or received in the previous six months, compared to 2020, which pushed this brand past Vizio and into the top three.
This year, almost three-quarters (74.9%) of the population, totaling 50.6 million, will watch digital video. This is up from 72.1% in 2020 and 68.9% pre-pandemic (in 2019), eMarketer noted in its latest report.
Results from Kagan’s latest survey show a substantial spike in online subscription video use last year, with overall SVOD use climbing 9 percentage points over 2020 to 81%.