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Subscription OTT revenues in Russia to exceed $230 million in 2020
Kagan expects those revenues will exceed $230 million in 2020. We believe the stagnation in the multichannel sector and the potential for broadband expansion in the rural areas of Russia, also called "the regions" will help drive the adoption of subscription OTT close to 25% by 2025. Increased anti-piracy awareness, COVID-19 induced restrictions in outdoor activities coupled with a plethora of streaming options, mainly by local players, have all contributed to the growth of online video revenues in Russia. Kagan expects those revenues will exceed $230 million in 2020. We believe the stagn...
Source: spglobal.com