Pay TV market grows worldwide

If you are in media production or distribution, you are probably paying attention to the Pay TV market. Here is an article from Broadcast Enginneering that has the latest.

While the global pay TV market continued to grow

in the first two quarters of 2013, adding 23 million new subscribers, a 3 percent increase; the pay TV market in North America grew at its slowest pace due to market saturation, according to new data from ABI Research.

The data, presented in ABI Research’s quarterly “Pay TV ARPU and Revenues,” also reveals telco TV and satellite TV growth was robust while cable and terrestrial pay TV services experienced virtually flat growth.

“ABI Research expects that worldwide pay TV subscribers will reach 895 million by the end of 2013, to generate service revenue of $245 billion,” said Jake Saunders, VP and practice director of core forecasting.

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