Subscription losses slowed for traditional multichannel video providers in Q4 2017 (quarter ended Dec. 31, 2017), but the sector still tumbled for the full year, according to data compiled by Kagan, a group within S&P Global Market Intelligence.
The OTT subscription online video-on-demand market in Europe should keep growing over the next five years, with Kagan, a media research group within S&P Global Market Intelligence.
SpotX has released findings from its TV is Total Video: Predicting OTT and the Future of Video Advertising report.
Legacy multichannel customer defections accelerated in the quarter ended September 30, 2017, coming in just shy of the 1.2-million mark, according to Kagan.
In the US, the legacy multichannel universe lost a record number of customers in the quarter ended June 30, 2017, but managed to keep the decline below the symbolic one-million threshold.