Over-the-top service revenues expected to continue growth, new report says

Revenues for over-the-top services, such as Netflix, grew 23 per cent to $3.3 billion in Canada last year and are expected to grow another 18 per cent this year, according to a May report from Convergence Research. The analysis is based on over 50 OTT services from over 35 providers, including Amazon, Apple, DAZN, Fubo, Disney, Discovery, Hayu, HBO and Canadian programmers, according to the Canadian Couch Potato report, adding the revenues “will continue to mostly benefit non-Canadian players.” (Convergence Research said it does not provide the full reports to media, but provided highlights to Cartt.) The Canadian TV subscriber...