The Government is to inject £80 million into the UK’s creative industries after a review found they could be worth £128.4 billion to the UK economy by 2025.
Western Europe to reach 65 million SVOD subs
Western European SVOD revenues will increase to $6.5 billion by 2022, up from $2.8 billion in 2016.
Gigaworld to unlock €250bn wave of innovation
Gigaworld is to unlock a wave of innovation worth at least €250 billion per year to the European economy by 2025.
SES and Fraunhofer broadcast live 360° panorama video
Astra satellite operator SES and German research institute Fraunhofer Heinrich Hertz Institute HHI will jointly broadcast a 10K x 2K panorama video signal live via satellite for interactive presentation on Ultra HD TV sets and VR glasses at IBC.
eMarketer expects US cord-cutting to accelerate
US research firm eMarketer has reduced its estimate for US TV ad spending due to faster-than-expected growth in cord-cutting.
Subscriber age shows how long they’ll stay with your pay-TV service
A global survey by TiVo has found viewers are watching an average of 4.4 hours of video a day, but one in four claim they are “extremely likely” to reduce the amount of content they subscribe to.
Singaporeans are top consumers of pirated content
Despite major growth in the number and range of legal online content choices available to them, recent studies have found Singaporeans to be among the top consumers of pirated online content around the world.
UK to generate £220m of connected TV advertising in 2020
The UK is the largest and most advanced market in Europe with an established connected TV advertising ecosystem, according to research by SpotX.
Netflix expected to exit Russia
Although Netflix and Amazon Prime Video should boost the SVOD sector in Central Eastern Europe considerably, the former is likely to leave Russia.
Pay-TV faces unprecedented global transformation
Nagra’s 2017 Pay-TV Innovation Forum highlights that the pay-TV industry is in a period of unprecedented global change, with many service providers facing a perfect storm of slowing growth, intensifying competition and business model disruption.
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