UK SVOD revenues up by 76%

UK subscription video-on-demand (SVOD) revenues grew by 76% to reach $186.7m (£112m) in 2013, according to Ofcom’s Communications Market Report 2014.  The increase appears to be due to the growing popularity of SVOD services such as Netflix and Amazon Instant Video. “The subscription model saw the steepest growth…a possible indication that online streaming services are gaining traction in the UK

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