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VOD will hit $6 billion USD in revenue within 5 years

17 December 2007 18:56 by Andre "DVDBack23" Yoskowitz | 1 comment

VOD will hit $6 billion USD in revenue within 5 years Media and communications firm SNL Kagan has released a study claiming that total video-on-demand (VOD), pay-per-view (PPV) and near-video-on-demand (NVOD) revenue will will top $6 billion USD by 2013.

According to the study, "average revenue per user is expected to top $5 per month in 2010 and $6.56 per month (or nearly $79 annually), including cable, satellite and telco video offerings."

"We're starting to see factors align that can enable operators to translate the rise in on-demand traffic into more significant sales," said Ian Olgeirson, senior analyst for SNL Kagan.

A somewhat not surprising fact, according to the study, is that the largest expected contributions will come from pornography and event pay-per-view such as wrestling and boxing.

Source:
dailytech


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    Discuss this article! 
    borhan9 (AfterDawn Addict) 27 December 2007 20:44 Send private message to this user   
    Quote:
    VOD will hit $6 billion USD in revenue within 5 years
    We all know this was the way things were heading. Its the vidoe of the future :)
     Post your comment
     

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