Friday, March 22, 2019

MPAA: Streaming Video Subscriptions Pass Up Cable For First Time

The number of subscribers to online video services have just passed up that of traditional cable, according to an MPAA report today, which said in 2018 that there were 613.3 million subscribers to online video services around the world, a 27 percent increase from 2017. The report says that surpasses the 556.0 million cable subscriptions it tracked in 2018. Although the number of subscriptions to online service passed up cable, it said that cable continues to bring in the most revenues, with $118 billion in revenues for 2018. The MPAA did not break down revenues from those online video services.

---