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Research: Streaming overtakes pay-TV in Italy

In the first quarter of 2024, streaming subscriptions in Italy grew by 12.5 per cent, surpassing pay-TV subscriptions for the first time and accounting for 20.4 per cent of total revenues. According to Mediobanca Research, the Italian broadcasting sector experienced modest growth of 1.6 per cent in 2023, reaching €8.9 billion in turnover. All sectors […]

July 24, 2024From Branislav Pekic in Rome

IOC hails ‘most-digital’ Olympics

International Olympic Committee (IOC) Members meeting at the 142nd IOC Session in Paris have received an update on the IOC’s digital engagement and marketing initiatives, including the record-breaking levels of Olympic digital engagement on the Road to Paris 2024. “The main objective of the IOC Digital Strategy is to promote athletes and sports, by growing […]

July 24, 2024

Research: CSP consolidation advances

Communications service providers (CSPs) have experienced substantial consolidation in recent years with 514 mobile and wireline M&A deals worldwide over the 2019-23 period, Omdia’s research shows. There have been more wireline M&A deals than mobile, with 392 wireline and 122 mobile M&A deals over the 2019-23 period. The mobile M&A includes prominent deals such as […]

July 24, 2024

US network ad impressions down in 2024

US TV ad impressions on streaming and linear TV dropped 3.73 per cent to 4.23 trillion in the first half of 2024, according to iSpot.tv. Linear primetime impressions were up 2.62 per cent from a year ago  with ABC, CBS, NBC and Fox accounting for 262 billion ad impressions and generated $3.97 billion of the […]

July 19, 2024

Forecast: Ad revs to hit $1trn in 2026

Despite economic headwinds, technological disruption and increased geographic and industry competition, the global entertainment & media (E&M) industry has continued to grow in 2023, with total revenues rising 5 per cent in 2023 to $2.8 trillion – outpacing overall economic growth cited by the IMF – according to PwC’s Global Entertainment & Media Outlook 2024-28. […]

July 17, 2024

Report: European VoD market set for slowdown

The Western European VoD market is forecast to reach €30.5 billion by 2027, up from €25.7 billion in 2024. However, this reflects a significant slowdown from previous years, with a CAGR of just 6 per cent, according to the VOD in Europe 2024-2027 Report by Rome-based consultancy ITMedia Consulting. Paid VoD (SVoD & TVoD) is […]

July 17, 2024From Branislav Pekic in Rome

France: Max in 5% of homes

Warner Bros Discovery’s SVoD Service Max, launched on June 11th in France, has already reached a 5 per cent penetration rate into French homes according to a study by NPA Conseil-Harris Interactive. While SVoD represents 56 per cent of the video market and 2.1 subscriptions per household on average with a peak at 5 services […]

July 17, 2024From Pascale Paoli-Lebailly in Paris

Data: Smartphone sales increase

According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments increased 6.5 per cent year over year to 285.4 million units in the second quarter of 2024 (2Q24). Although this marks the fourth consecutive quarter of shipment growth and builds the momentum towards the expected recovery this year, […]

July 16, 2024

Tesco Mobile tops UK mobile operator customer satisfaction

A new survey from telecommunications market specialist Juniper Research has ranked Tesco Mobile as the leading network operator in the UK for customer satisfaction in 2024. The comprehensive survey of 3,300 UK mobile subscribers assessed attitudes towards their chosen network operators and the services they provide. According to the study, the top five mobile operators […]

July 16, 2024

Research identifies SVoD ARPU-driving factors

‘500 channels and nothing to watch’ is the familiar refrain of customers frustrated with expensive cable packages. In today’s streaming world, a similar question remains: with so many platforms and abundance of content from which to choose, what’s worth paying for? Hub Entertainment Research’s annual Monetization of Video study reveals that even with consumers feeling […]

July 16, 2024