After more than 40 years of operation, DTVE is closing its doors and our website will no longer be updated daily. Thank you for all of your support.
Western European OTT episode and movie revenues is to rise by $18bn
OTT episode and movie revenues will reach $45 billon in Western Europe by 2028, according to a report conducted by Digital TV Research.
The research outfit predicted this will amount to a $18 billion rise in revenues from the $27 billion generated in 2022.
Digital TV Research’s analysts further added the UK will account for $10 billion in 2028, with Germany at $8 billion and France $7 billion. From the $18 billion additional revenues, the UK will contribute $3.6 billion, Germany $3.6 billion and France $2.3 billion.
This comes after the media research firm last reported OTT TV episode and movie revenues across 22 Eastern European countries will double from $2.9 billion to $5.7 billion between 2022 and 2028.
“AVOD will grow faster than SVOD. AVOD revenues will increase by $10 billion between 2022 and 2028 to reach $16 billion. SVOD revenues will total $24 billion by 2028 – up from $17 billion in 2022,” said Digital TV Research, principal analyst, Simon Murray.