By the end of 2020 there are forecast to be 260 million installed devices attached to the internet and able to deliver apps to TVs, according to the latest NPD Connected Intelligence forecast.
According to forecasts by SNL Kagan, declines of traditional multichannel subscriptions will accelerate to 82.3 million, down 10.8 million households over five years.
WATCH VIDEO. Hulu, not Netflix, appears to be driving the recent increase in cord-cutting, according to Corey Barrett, a senior media analyst at M Science, talking to CNBC News.
Altice has raised $1.9 billion in an IPO in the US, according to Reuters, quoting sources familiar with the matter.
US online TV guide and recommendation service TVmaze reports that the marketshare for streaming TV channels has nearly doubled in 2017.
Modern Times Group (MTG) has agreed to buy 100% of the US games publisher and developer Kongregate from its current owner GameStop for $55 million. The deal is subject to regulatory approval and completion of certain other conditions.
WATCH VIDEO. The Olympic Channel: Home of Team USA from NBC Universal will launch in the US on Saturday, July 15 in more than 35 million homes.
The majority of paid OTT users in the US are willing to spend more on existing subscriptions, according to new research by IBB Consulting.
Trace is expanding into the US market launching a joint-venture, Trace USA, with key American media shareholders.
Evolving consumer expectations and habits driving service provider investments in OTT, cloud, analytics, anti-piracy and new business models, according to new insights from Nagra.