If your Halloween costume includes an eye-patch, cutlass, some serious swagger and the phrase, “Aye, matie,” you’ll probably be best advised to stay away from Hollywood parties where the word “pirate” this week is being connected to “$52 billion loss.”
A new report from Digital TV Research posits that revenue losses due to piracy are expected to double between 2016 and 2022 to the tune of $51.6 billion, a significant chest of gold, and that total doesn’t include sports and pay TV.
Increasing competition from OTT services, pressure from piracy and an uncertain economy are expected to slow pay-TV growth in the APAC region, a new report says, although its expansion is expected to continue at a healthy 5.8% annually through 2021.
Netflix households in Australia passed the one million mark in October, just seven months after the SVOD service launched there. And, new research said, younger consumers most likely to pirate content have become the earliest adopters of new SVOD services, and already are having an impact on downloading content from the Internet.
Netflix is in 1.04 million households, reaching more than 2.68 million Australians over the age of 14, Roy Morgan Research reported.
The over-the-top video industry in the Asia-Pacific region could see revenues more than double by 2020, according to a regional trade group that points out that mobile broadband also is on track to more than double to some 2 billion subs by the end of the decade.
Here’s a universal truth to salt away: The older you get, the less likely you are to pirate video content… generally.
That’s one of the finding of a new report from content security specialist Irdeto who, in May and June commissioned YouGov and Populus to survey 4,721 adults in the United States, United Kingdom, Australia, Indonesia, India and Singapore.