Despite increasing competition from over-the-top players and from satellite providers, and declining subscriber numbers, the cable industry in the European Union has continued to grow with gross cable revenues topping €22.4 billion ($23.34 billion) in 2015, a 5.7% increase year-over-year.
More than half of cable revenues in 2015 (53%) came from Internet and phone services, according to a report from IHS Markit, with Internet revenues up nearly 10% to €7.2 billion.
BT is planning to spend some £6 ($8.7 billion) on fixed and mobile networks over the next three years as it rushes to expand its fiber and 4G deployments.
Online video revenue across Europe increased to €375 million ($422.8 million) in 2015 from €22 million ($24.8 million) in 2012, a jump of more than 1,600%. Much of that growth has been in the programmatic ad tech space, as an increasing number of advertisers turn to programmatic to help them expand their reach to more targeted audiences.
We all know King Kong wins when he takes on Godzilla, or, pretty much any other opponent, right? SVOD – and Netflix in particular – looks to be the new big gorilla.
While it’s no surprise that spending on buying and renting content on DVDs has been going down since Netflix helped kick-start the streaming video-on-demand revolution, but the rate at which spending has declined in the United States – and in other markets where Netflix or other SVOD services are available, is stunning.
Adoption of smart TVs is accelerating in developed markets around the globe as the demand for streaming content and better picture quality drives sales. More than 50% of TV households in Japan, the United States, the United Kingdom, France and Germany will have smart TVs by 2019, according to a new report.
We’ve talked often at Videomind about how universal the Millennial generation is, sharing similar traits across the globe, especially when it comes to smartphone use and digital entertainment. Well, news today from U.K. telecoms regulator Ofcom that backs that up, and suggests very young Millennials (Gen Edge?) also share those disruptive tech and TV habits.
In for a penny, in for a pound? Amazon has just ratcheted up the competition between it and Netflix in the United Kingdom. The e-tailer announced it was merging its LoveFilm SVOD service into Amazon Prime and rebranding it Instant Prime Video.
The move not only leverages Amazon’s brand muscle, but also will give consumers a single portal for its streaming service, books and DVDs.