Analysis

Television revenues in Western Europe will rise from $39 billion last year to $50 billion in 2023, driven by OTT, according to new data from Digital TV Research.

According to Digital TV Research, Western European OTT TV episode and movie revenues will reach $23.02 billion in 2023, more than double the $9.84 billion recorded in 2017.

The British TV production sector reached a new high of £2.7 billion ($3.5 billion), a rise of nearly a third over the past decade, according to Pact’s annual census.

A new report from Directors UK has revealed a drop in the number of female directors working in British television.

According to Digital TV Research, OTT TV episode and movie revenues for 22 Eastern European countries will reach $3.51 billion in 2023, more than triple the $1.01 billion recorded in 2017.

A new report from IHS Markit confirms just how much video consumption is changing across the leading five European markets—the U.K., France, Germany, Italy and Spain—where an additional two hours of on-demand content is being watched each month.

U.K. advertising spend in Q1 2018 was up 5.9 percent year-on-year to reach £5.7 billion ($7.5 billion), marking the 19th consecutive quarter of market growth, according to the Advertising Association/WARC Expenditure Report.

The number of U.K. subscriptions to television streaming services has overtaken those to traditional pay TV for the first time, according to new research from Ofcom.

Entertainment, factual and kids led U.K. exports in 2016/17, according to Pact, with total revenues from U.K. content sales reaching £902 million.

The number of digital pay-TV subscribers in Eastern Europe is forecast to increase from 25.49 million in 2010 to 61.57 million in 2017 and onto 78.08 million by 2023, according to Digital TV Research.