Although still in a nascent stage and despite an uncertain economic framework, the OTT TV market will grow at an average annual rate of 53 per cent and will be worth €1.9 billion in 2015.
The figures are from The Internet Era of TV – Expanding Entertainment report published by ITMedia Consulting. The Italian research centre estimates that in Western Europe, the total revenues from the distribution of Internet video on TV and mobile Internet video will reach €534 million by the end of 2012.
Branislav Pekic, Advanced Television, 18/04/2012
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