Despite high cost of living concerns, UK subscribers are now spending £696 (€826) on subscription apps and services every year — on top of standard bills such as TV, phone and broadband. Furthermore, one in eight are paying more than £100 a month for their subscriptions, amounting to £1,200 per year. This is according to […]
The Italian market for VoD splatforms added 400,000 subscribers in 2023, reaching 8.8 million. While subscriber growth continues, the pace has decelerated compared to previous years (+800,000 in 2021 and +500,000 in 2022), according to research by EY’s OTT Observatory, presented at the European Digital Fed-Forum in Lucca. Silvestro Demarinis, director of Technology, Media & […]
A study from Juniper Research, experts in the telecommunications markets, forecasts that revenue from Communication Platform as a Service (CPaaS) rich media traffic, including RCS, video and social media, will grow by 190 per cent to over $10 billion (€9.3bn) in the next five years; rising from $3.4 billion in 2023. It identified two key […]
Revenue for SME electronics and electrical manufacturers dropped in the first quarter of the year, according to new figures reported in the latest Manufacturers’ Health Index, an assessment of SME manufacturers in the UK. It is compiled quarterly by inventory management software brand Unleashed, based on data from every purchase, sale and stock movement made […]
Pinterest’s commercial momentum is accelerating, with the platform recording its fastest rate of both advertising revenue and monthly active user (MAU) growth since 2021. According to WARC Media, Pinterest’s advertising revenue is forecast to reach $3.6 billion (€3.3bn) in 2024 (+17.3 per cent year-on-year), and will maintain that rate of growth in 2025, with revenue […]
Screen Producers Australia (SPA) has released the results of a recent membership survey investigating how local and global streamers are currently engaging with Australian producers. The results paint a bleak picture of the current commissioning landscape, with 80 per cent of respondents citing ‘Less’ or ‘Much Less’ commissioning interest from streaming services compared to the same […]
Thanks to digital audio, according to eMarketer, the overall audio advertising market is set to expand. Consequently, marketers are expected to invest $17.6 billion (€16.2bn) in audio advertising this year, with that number projected to reach $18.4 billion by 2028. But, where are the ad dollars coming from to support this growth? To find out, […]
A report from Ampere Analysis shows strong growth opportunities for Japanese Anime in Europe, driven by Netflix’s Anime productions, and Crunchyroll’s dominance in the West. The research suggests a new wave of popularity for the format is underway in the region. According to Ampere’s proprietary consumer survey of 30 countries, Asia Pacific markets such as […]
Research from audit, tax and consultancy firm RSM UK has found that almost all media businesses surveyed (99 per cent) have made redundancies over the past 12 months. Despite this, more than half (60 per cent) have found recruitment challenging over the past year. Mandy Girder, head of media industry, RSM UK, commented: “As new […]
WARC Digital Commerce has published its annual report looking at the trends having an outsized impact on the future of this dynamic and hyper-competitive space. Gregory Grudzinski, Reports Editor, WARC Digital Commerce, and author of the study, commented: “Following the explosion of digital commerce onto the advertising landscape, this report looks at trends in four […]