Pay TV Revenue Up in Q218 Aug, 2010 By: Billy Gil
Global pay-TV revenue was up 9% to nearly $58 billion at the end of the second quarter of 2010, compared with the second quarter of 2009, according to technology research firm ABI Research.
“The increase … was largely due to the programming packages on offers, with higher prices and more advanced services such as high-definition programming,” said ABI Research’s digital home practice director Jason Blackwell.
Cable accounts for about 52% of the overall pay TV market, followed by satellite TV and IPTV, ABI said. But ABI said year-over-year growth of cable TV service revenue is low compared with growth in other pay-TV platforms, due in part to slower subscriber growth in mature cable TV markets.
Satellite TV revenue grew about 12% over Q2 of 2009 to $24 billion, while ABI projects the IPTV market will continue to grow, with global IPTV service generating more than $40 billion by the end of 2015.
The full report can be found at http://www.abiresearch.com/research/1003841.