Analysis

Global adspend will fall by 8.1 percent this year to $563 billion, according to WARC, due to marketers slashing their budgets in response to the COVID-19 pandemic.

Despite a projected increase in pay-TV subs worldwide over the next five years, revenues will drop to $150 billion in 2025, according to Digital TV Research.

Over the next five years, the COVID-19 pandemic will cost the worldwide entertainment business $160 billion, according to Ampere Analysis.

The supply and release of new content will be disrupted well into 2021 as a result of the COVID-19 pandemic, according to Ampere Analysis.

Worldwide spending on telecommunications and pay-TV services will reach $1.6 trillion this year, just 0.8 percent lower than 2019, according to International Data Corporation's (IDC) Worldwide Semiannual Telecom Services Tracker.

Global online TV episode and movie revenues will double from $83 billion last year to $167 billion in 2025, according to Digital TV Research, with about $16 billion being added this year.

The base of pay-TV subscribers will increase by 35 million between 2019 and 2025 to reach 1.06 billion, according to Digital TV Research.

Disney+ is expected to add 176 million subscribers to reach 202 million customers by 2025, according to Digital TV Research.

New data from GlobalWebIndex (GWI) indicates that 40 percent of U.S. and U.K. respondents said they were considering purchasing new subscription services during the COVID-19 shutdown.

Streaming globally was up by more than 20 percent in March amid stay-at-home measures, according to Conviva.