Worldwide IPTV subscribers to top 70 million in next three years: SNL Kagan

MONTEREY, CA - Worldwide IPTV subscriptions will grow to 70 million by 2014, up from 40 million last year, according to a new study by SNL Kagan.After an analysis of the top 75 media economies across North America, Latin America, Europe, the Middle East and Asia Pacific, the study found that IPTV adoption has increased at a 92.4% compound annual growth rate over the past six years. It forecast that over the next four years:- IPTV video service revenues will grow from $12.9 billion in 2010 to $27 billion in 2014, equal to 11% of global pay-TV revenues;- Western Europe...