Vinton Cerf, one of the actual "fathers of the Internet," some years ago at an
IETF meeting, said that once the Internet advances enough that it can carry a
new type of service, it becomes the dominant medium for that service.
I keep thinking of that prophetic quote.
Bert
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https://www.tvtechnology.com/news/online-video-subscriptions-surpass-cable-for-first-time-in-2018
Online Video Subscriptions Surpass Cable for First Time in 2018
Online subscriptions have grown by nearly 500 million globally since 2014, per
an MPAA report.
Michael Balderston 10 hours ago
WASHINGTON-There is a new leader in the clubhouse when it comes to the most
popular video service for consumers across the globe, as a report from the
Motion Picture Association of America indicates that online video services
overtook cable subscriptions for the first time in 2018.
Online video services, like Netflix, Amazon Prime and Hulu, saw gains of 131.2
million subscribers throughout the world in 2018, a 27 percent increase from
2017. That brings its world-wide total to 613.3 million subscribers, 186.9
million of which are in the U.S. Cable, meanwhile, saw a slight decrease of
about 2 percent to 556 million; the U.S. total saw a slight dip, but still
remained around 50 million subscribers.
Since 2014, online video subscriptions have seen the largest amount of growth
among all the pay TV options. As of 2014, online video services had around 150
million subscribers, per MPAA's findings. Cable, satellite, DTT and other
third-party premiums saw either no significant growth or decreases in its
subscription numbers over the same time period. IPTV is the only other service
that has seen a solid uptick, but it remains under 300 million subscribers.
Despite the decrease, cable remains the top revenue generator among the
services, and in fact saw an increase of $6.2 billion in total revenue for
2018, bringing it to $118 billion in 2018. Online video subscriptions are well
behind, generating just under $40 billion according to the MPAA report.
The MPAA report counted households that have more than one type of video
service in each of the categories to which they subscribe.
See the full report from MPAA here.
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