Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Hannover House Inc. HHSE
(Total Views: 588)
Posted On: 12/26/2018 1:18:45 PM
Post# of 7466
Posted By: ds22
HHSE will be entering a HUGE BILLION DOLLAR O.T.T industry with the MyFlix site and App.


Quote:
U.S. OTT Revenue Will Spike 26% to $28.8B in 2018, Report Says

Global revenue from over-the-top delivery of TV shows and movies to more than double to $129 billion by 2023, Digital TV Research says

Daniel Frankel· Sep 20, 2018


U.S. operators of over-the-top services will generate nearly $28.8 billion in subscription and advertising revenue this year, up about 26% from 2017, according to a new report from Digital TV Research.

Not surprisingly, much of that revenue growth will come from Netflix, which is forecast to grow revenue from around $11.7 billion in 2017 to about $15.8 billion this year.

Related: Netflix Misses Sub Target by 1M; Stock Slides

By 2023, Digital TV Research projects that U.S. OTT revenue will reach $47.8 billion.

Globally, the research company forecasts OTT revenue to grow by 30% to $69 billion in 2018, spiking to $129 billion by 2023.

Subscription video on demand services including Netflix, Hulu and Amazon Prime Video will see their total global revenue increase from $44 billion in 2017 to $69 billion by 2023, the research firm also predicted.

Advertising-based video on demand services (AVOD) like YouTube, meanwhile, will see total global revenue increase by 36% from 2017-2023 to $47 billion.


Digital TV Research says global OTT revenue will reach $129 billion by 2023.



https://www.multichannel.com/news/u-s-ott-rev...eport-says



























(0)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site