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North American OTT TV revenues to double

Formula E expands global broadcast coverage

| 26 February 2021 On the eve of its first season as an FIA World Championship, Formula E has announced that its seventh edition will be broadcast live in over 150 countries, across six continents. The ABB FIA Formula E World Championship is a single-seater motorsport series that uses only electric cars and season 7 will begin on 26 and 27 February with a double header in the dark of Diriyah in Saudi Arabia and Formula E has agreed new or extended media partnerships with over 40 broadcasters, notably Seven.One Entertainment Group (SAT.1) in Germany, CBS in the US, Discovery (Eurosport) across Europe, Sky Italia in Italy, Cultura and Globo in Brazil and SuperSport in Africa. The new partnerships will result in the ABB FIA Formula E World Championship being broadcast in more than 30 languages around the world, with over 60 hours of live, and 40 hours of non-live programming per season.

GTPL Hathway looks to expand cable TV subs by over 50% in 3 years

It is looking at reaching a base of 12 million. 25 Feb, 2021 - 08:18 AM IST     |     By Gargi Sarkar     KOLKATA: The debate surrounding the future of cable operators in India has become more pressing in the wake of the Covid2019 crisis, which spurred the growth of over-the-top platforms and emergence of deep-pocket content aggregators. Despite the challenges in the present ecosystem, GTPL Hathway is looking at growing its cable TV subscriber base by more than 50 per cent in the next three years to reach a base of 12 million subscriber base, the company revealed in the Q3 FY21 earnings call. To reach its three-year vision, it is relying on a two-pronged strategy, a combination of “push and pull”. GTPL Hathway cable TV head and chief strategy officer Piyush Pankaj said that MSOs have followed the push strategy till date by giving the schemes, benefits to partner LCOs and asking them to bring the customer back from the DTH, from the ground. On the other side, the pu

Worst of cord-cutting over in North America

| 23 February 2021 In what may be good news for a market that has been undergoing a considerable downward spiral over the last few years, a Digital TV Research study is predicting that pay-TV subscriber losses in the US and Canada are set to slow with declines to be lower from 2021, falling by 16 million in total between 2020 and 2026. The North America Pay TV Forecasts report found that the number of pay-TV subscribers in the US and Canada plummeted by 27 million between 2010 and 2020, down by 6 million in both 2019 and 2020. Pay-TV penetration is set to drop from 90.5% in 2010 to 53.6% by 2026. These falls will see the number of pay-TV subscribers in Canada and the US falling by 43 million from 116 million in the peak year of 2010 to 74 million in 2026. The US is set to lose 41 million, with Canada down by nearly 2 million.

RIP, Cable: More Than 5 Million People Cut the Cord in 2020

One new measurement says that there were actually fewer cord-cutters in 2020 than there were the year before. That figure includes the five largest pay TV companies.

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