Streaming revenue grew 15 per cent to $4.2B in Canada in 2024: new report

Canadian over-the-top (OTT) subscription service revenue grew 15 per cent to reach $4.2 billion in 2024, and is forecasted to grow a further 15 per cent to $4.85 billion in 2025, according to the latest The Battle for the Canadian Couch Potato: OTT and TV report from the Convergence Research Group, based in Victoria, B.C. Based on analysis of more than 55 OTT services (from more than 35 providers) led by Netflix, the report also predicts Canadian OTT subscription revenue will exceed annual TV subscription revenue in 2027. Furthermore, based on 10 leading OTT providers, the average Canadian price increase across the providers...