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$18bn more revenues for Western European OTT

March 20, 2023 12.02 Europe/London By Chris Dziadul

Western European OTT TV episode and movie revenues are forecast to reach $45 billion in 2028.

This, according to the latest report from Digital TV Research, will be up from the $27 billion recorded in 2022.

The UK will account for $10 billion in 2028, with Germany at $8 billion and France $7 billion. From the $18 billion additional revenues, the UK will contribute $3.6 billion, Germany $3.6 billion and France $2.3 billion.

Commenting on the findings of the report, Simon Murray, principal analyst at Digital TV Research, said: “AVOD will grow faster than SVOD. AVOD revenues will increase by $10 billion between 2022 and 2028 to reach $16 billion. SVOD revenues will total $24 billion by 2028 – up from $17 billion in 2022”.

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Filed Under: Newsline, OTT, Platforms Edited: 20 March 2023 12:31

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