Streaming viewing time globally rose by 36 percent in the first quarter of this year, Conviva says in its latest State of Streaming report, with significant gains in South America, Africa and Europe.
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Overall revenues at Comcast Corporation were up 2 percent in the first quarter to $27.2 billion, with gains at Comcast Cable and Sky, while revenues at NBCUniversal were down by 9 percent.
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First-quarter revenues at Discovery, Inc. rose by 4 percent to $2.8 billion, with distribution revenue gains in the U.S. and improved ad revenues internationally.
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OTT revenues across the globe will almost double from $106 billion last year to $210 billion in 2026, according to new projections from Digital TV Research.
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Raffaele Annecchino, president and CEO of ViacomCBS Networks International (VCNI), discussed the company’s global footprint and opportunities across studios, streaming and networks at APOS.
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James Murdoch, founder and CEO of Lupa Systems, discussed investing in future trends in the media system, weighed in on the chase for scale to compete in the streaming world and stressed the increasingly important role of creators owning their own IP in his APOS opening keynote.
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Bela Bajaria, VP of global TV at Netflix, outlined the importance of authentic local stories to the streamer in her keynote at APOS, noting, “the focus is always massive local impact.”
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