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.
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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.
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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.
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LONDON: OTT TV and video are booming in Latin America, where revenues are expected to triple 2015’s figures to reach $3.59 billion in 2021, according to a new Digital TV Research report.
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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.
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