On Thursday, April 11, Disney outlined its plans for its Disney+ SVOD platform. Launching in November, the company expects to reach 60-90 million Disney+ subscribers by 2024, with the US contributing a third.
The number of US traditional pay TV subscribers will fall from 105 million in 2010 to 91 million in 2018 and down to 81 million in 2024.
Latin American SVOD subscriptions are forecast to reach 51.10 million by 2024; almost double the 27.12 million recorded at end-2018.
Two operators currently dominate Latin American pay-TV, with America Movil and DirecTV/Sky accounting for nearly half of the region’s subscribers at the end of 2018.
Asia Pacific OTT TV episode and movie revenues will reach $48 billion in 2024; up from the $21 billion recorded in 2018. According to the Asia Pacific OTT TV and Video Forecasts report, the total will increase by $5 billion in 2019 alone.
The Asia Pacific pay-TV sector is vibrant, with both subscribers (up by 68 million) and revenues (up by $2.35 billion) forecast to rise over the next five years.
MENA SVOD revenues will reach $2.13 billion by 2024; or $1.51 billion more than the 2018 total.
Pay-TV revenues for 20 MENA countries fell by 11% between 2016 and 2018 to just under $3 billion.
Sub-Saharan African OTT movie and TV episode revenues will reach $1,018 million by 2024 – up from $223 million in 2018.
Sub-Saharan Africa is forecast to add more than 16 million pay-TV subscribers between 2018 and 2024 to bring its total to 45.63 million, according to the Sub-Saharan Africa Pay TV Forecasts report.