Netflix and Paramount+ have commissioned more first-run originals out of the U.K. than the other global streamers this year, per a new study by Ampere Analysis.
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According to new data from Ampere Analysis, streaming services will be responsible for one-fifth of all sports rights spend this year across Europe’s largest markets.
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In the second quarter of this year, commissions by the leading free-to-air groups in Western Europe’s largest TV markets were up 64 percent on the same period in 2019, according to Ampere Analysis.
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The latest research from Ampere Analysis has found that Netflix became the second-largest TV group in Europe by revenue last year, ahead of ARD.
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International streaming platforms such as BritBox, Paramount+ and HBO Max should find expansion opportunities in the Nordic markets, according to Ampere Analysis, even though Scandinavian households already have an average of 2.4 SVOD services.
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According to Ampere Analysis, France, Spain, Germany, the U.K. and Italy recorded "unprecedented spikes" in commissioning throughout June and July 2020 as COVID-19 lockdowns eased in Europe.
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British policy makers must work hard to restore confidence in the country's financial markets following the results of the EU referendum, Ampere Analysis has said as it warns of potentially "stark consequences for U.K. media." Britain's decision to leave the EU immediately caused the value of the pound to plummet, with stock prices taking a hit both locally and abroad.
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