[eMarketer] Netflix, Disney and YouTube are the largest recipients of US OTT subscription revenues

[eMarketer] Netflix, Disney and YouTube are the largest recipients of US OTT subscription revenues

15-03-2021 09:52:00 | Door: Nixon Kanali | Hits: 1044 | Tags:

As more viewers leave traditional TV packages for streaming alternatives, there is a heightened interest in how much money is being spent on video subscriptions and which companies are benefiting from changes in consumer viewing patterns.

In December 2020, eMarketer forecast video subscription revenues for the first time, in what will become an ongoing series of estimates. These revenues include revenues from regularly recurring fees for access to video services. This includes revenues from digital video and pay TV services; it excludes revenues from advertising and pay-per-view.

Netflix, Disney, and YouTube are the largest recipients of US OTT subscription revenues. (Number for Disney combines revenues for Disney+, ESPN+, and Hulu.) In 2021, just under a third (30.8%) of all US OTT subscription revenues will go to Netflix. Disney will account for about one-fourth (25.9%) of OTT subscription revenues, and YouTube will account for 13.2%.

Netflix’s share of total OTT subscription revenues is declining, but that’s due to increased competition and a growing market, not to a decline in Netflix’s subscriber base. Netflix had a banner year in 2020 and continued to add subscribers in North America even though it has become saturated in that market.

eMarketer expects Netflix’s US subscription revenues to increase to $11.76 billion in 2021, up from $10.64 billion in 2020.

Read the full eMarketer article here

 

www.emarketer.com

 


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