Research: OTT revenues climbed by $17bn in 2018
September 2, 2019
Global online TV episode and movie revenues reached $68 billion (€61.9bn) in 2018, climbing from $51 billion in 2017 and up by $30 billion on 2016.
From the 138 countries covered in Digital TV Research’s , the top five commanded 71 per cent of the global revenues by 2018. OTT revenues exceeded $1 billion in 10 countries in 2018.
Simon Murray, Principal Analyst at Digital TV Research, said: “The US added $6.5 billion in revenues in 2018, with China up by $3.6 billion. Therefore, the US and China were together responsible for more than half the world’s additional revenues in 2018.”
SVoD became the largest OTT revenue source in 2014 when it overtook AVoD. SVoD’s share reached 53 per cent in 2018. SVoD revenues climbed by $11 billion in 2018 to $36 billion – up by 44 per cent in the year. AVoD revenues increased by $5 billion in 2018 to take its total to $22 billion.