Analysis

According to Digital TV Research, revenues from OTT TV episodes and movies for 19 Latin American countries are expected to grow by $4 billion to $6.43 billion in 2023.

According to Digital TV Research, fewer than 5 million additional pay-TV subscribers are expected to be added across LatAm between 2017 and 2023, bringing the total to almost 76 million.

MarVista Entertainment’s Kenneth Christmas, MGM’s Matt Vassallo and Keshet International’s Kelly Wright discussed business opportunities in Latin America at a MIP Cancun panel moderated by World Screen’s Anna Carugati.

Revenues from OTT TV episodes and movies for 19 Latin American countries are forecast to reach $4.6 billion in 2022, more than double the $1.87 billion recorded in 2016, according to Digital TV Research.

A new study from Dataxis indicates that the number of SVOD subscribers in Latin America will double in the next five years, rising from 17.4 million this year to 33.5 million in 2022.

Mexico overtook Brazil in 2016 to become Latin America’s largest pay-TV market, according to Digital TV Research, despite Brazil having twice as many TV households.

Almost a fifth of Latin America’s TV households will pay for an SVOD package by 2021, up from 10.9 percent by end-2016, according to Digital TV Research.

The number of pay-TV subscribers in Latin America is forecast to climb from 72.02 million by end-2016 to 83.56 million by 2021, according to Digital TV Research.

Bilingual Spanish-language broadband homes in the U.S. are more likely to have pay-TV and OTT video service subscriptions than the average U.S. broadband household, with nearly 80 percent subscribing to one or more OTT platforms, according to a new Parks Associates report.

Economic woes and market maturity will result in slowing growth for pay-TV revenues and subscribers in Latin America, according to Digital TV Research. Pay-TV revenues are expected to rise by 9 percent between 2015 and 2021.