Global over-the-top video revenues will increase from nearly US$9 billion in 2014 to more than US$19 billion in 2019, according to Parks Associates.

The research firm said that currently 57% of broadband households in both the UK and the US subscribe to an OTT video service, compared to 29% in Spain and 24% in Germany.

According to Parks, roughly 7% of all US homes – 8.4 million households – subscribe to broadband and at least one OTT video service but do not subscribe to pay TV. In Western countries such and the UK and Spain, the figure is approximately 4%.

From the article "Global OTT revenues to reach $19bn" by Andrew McDonald.

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