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Subscriptions to SVoD services will reach 1.64 billion by 2026 with the US and China accounting for 50% of the total

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2 years ago

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The world will experience a significant boom in SVoD subscriptions in the next few years, according to the latest figures published by Digital TV Research.

The total number of subscriptions to SVoD services will grow from 491 million in 2021 to 1.64 billion in 2026, with China and the US together accounting for 49% of the global total by 2026, down from 56% in 2021.  

Simon Murray, Principal Analyst at Digital TV Research, said: “China and the US had a similar number of subscription...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

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Creative Industries

Quotes of the Week — Week 46, 2023

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3 days ago

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December 1, 2023

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"When I decided to join Microsoft, it was clear that was the best path for me and the team. With the new board and with Satya’s (Nadella) support, I’m looking forward to returning to OpenAI, and building on our partnership with Microsoft."By Sam Altman, explaining on X why he is back at the helm of OpenAI three days after being sacked by the board, hired by Microsoft, receiving the support of 700 out of 770 Open AI employees, and re-hired as CEO of the company. Even ChatGPT would not have been ...

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Creative Industries

Key figures — Week 46, 2023

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3 days ago

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December 1, 2023

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$2.8 trillion

That's the market capitalisation of Microsoft, following the announcement that the tech company had hired Sam Altman a day after he was fired by the board of OpenAI. Microsoft's market cap is now worth over $1 trillion more than that of Google.

$40 billion

That's how much Spotify has paid in royalties to rights holders since its launch in 2008, according to a blogpost from the music streaming company.

26.1 billion

That's the total number of streams accumulated by Ta...

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Creative Industries

Main stories — Week

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3 days ago

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December 1, 2023

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These are the main stories published in the past week by Creative Industries News:

LEAD STORY> European Parliament’s Culture Committee adopts a report calling for ‘a fair and sustainable ecosystem for music streaming’

COPYRIGHT & REGULATION> Indie labels and performers’ organisations call for the EU to find a legislative solution to recording’s performance rights payments> Uruguay’s adoption of equitable remuneration criticised by Spotify and WIN> Europe’s AI Act c...

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