Boom projected for online TV revenues

LONDON, UK – A report from Informa Telecoms & Media says that legitimate online TV and video services will generate revenues of US$7.9 billion in 2013, almost six times the 2007 figure. The Informa report, called Online TV and Video: The over-the-top challenge to traditional TV, says online TV and video is not a marginal technology as some might believe. Advertising will consistently outperform à la carte and subscription-based download services in terms of revenue generation, the report said, and North America will be the largest revenue-generating region, accounting for 63% of the 2013 global total. “The Writers Guild strike...