| 11 January 2021
Mainly driven by a strongly growing subscription video-on-demand sector, African OTT movie and TV episode revenues will reach $1.725 billion by 2026, up from $392 million in 2020, according to a study from Digital TV Research.
The Africa OTT TV and Video Forecasts report noted that SVOD would be the main revenue driver by a long way with its revenues set to reach $1.480 billion by 2026 leaping massively from the $299 million in 2020. While Netflix was said to have accounted for 57% of the region’s SVOD subscribers by end-2020, its share is forecast to fall to 44% by 2026. This would be a total of 6.26 million subscribers, more than triple that of the total in the region for 2020. Disney is not expected to start in the region until 2022, although it will have 3.13 million paying subscribers by 2026. Apple TV+ is forecast to grow from 9,000 to 136,000.
Updated:
January 08, 2021 11:39 IST
Tesla has dominated global electric vehicle sales and traditional carmakers like Daimler have been pushing to develop vehicles to compete for market share.
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Kallenius said besides revenue from the screens themselves, Daimler expects future profitable growth of subscription services, such as maps or entertainment customers will download.
| Photo Credit: Reuters
Tesla has dominated global electric vehicle sales and traditional carmakers like Daimler have been pushing to develop vehicles to compete for market share.
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Daimler AG s unveiled a new display screen on Thursday that will cover almost the entire dashboard of its luxury Mercedes-Benz models, in a bid to outdo Tesla Inc s hallmark touchscreen infotainment system.
The second round of stimulus checks from the US government are going out this week. Business Insider reports the checks will pay up to $600 each, or $1,200 per married couple, plus additional funds for children. According to Congress s bill authorizing the payments, most of the direct cash payments will be sent to qualifying Americans by January 15. To track your payment, visit the Get My Payment section of the IRS website at www.irs.gov/coronavirus/get-my-payment Direct deposits and paper checks are arriving this week.
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