OTT subs set to overtake traditional TV by 2020: report
Media | 04/23/2019 4:53 pm EDT
The number of Canadians who opt for over-the-top services is set to surpass the number of Canadians who subscribe to traditional television providers next year, according to a report released yesterday by Convergence Research Group.
The Victoria, B.C.-based research group also estimates that OTT subscription revenue grew by 33 per cent in 2018 to $1.12 billion, and forecasts that it will grow to $1.51 billion in 2019.
The 2018 OTT access revenue superseded Convergence’s growth expectations from two years ago, when the 2017 version of the report predicted access revenues of $972
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