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Digital Economy

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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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).

Creative Industries

Quotes of the week — Week 46, 2022

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"I’ve had a bad month.”By Sam Bankman-Fried, the founder and CEO of bankrupt crypto platform FTX, speaking at the New York Times' DealBook Summit, in his first public appearance since the collapse of his company amid allegations of fund mismanagement.

“The fact that companies have to deliver their apps exclusively from platforms controlled by competitors — there is a conflict of interest there.”By Mark Zuckerberg, founder of Meta, the parent company of Facebook and Instagram, expla...

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Creative Industries

Main stories — Week 46, 2022

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Here’s a list of the main stories published this week by Creative Industries News:

LEAD STORY> The UK’s CMA completes its market study into music and streaming services without calling for a full market investigation> British industry reacts to CMA’s report on the economy of music streaming

COPYRIGHT & REGULATION> musicFIRST calls for US radio stations to provide ‘equal time’ for creators to promote the American Music Fairness Act> Singapore regulators seek comments on...

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Copyright & Regulation

The UK’s CMA completes its market study into music and streaming services without calling for a full market investigation

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The UK's Competition & Markets Authority (CMA) has concluded its market study into music and streaming services by deciding not to undertake a full market investigation, considering that the outcomes from streaming "are good for consumers."

"We have found that it is unlikely that the outcomes that concern many stakeholders are primarily driven by competition," reads the final report from the CMA. "Consequently, it is unlikely that a competition intervention would improve outcomes overall...

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