Satellite TV Subscribership Remains Strong in Changing Video Marketplace, Euroconsult Report Says

The global satellite pay-TV industry has had strong growth in the past five years, a Euroconsult report said. Subscriptions reached 196 million homes last year and revenue topped $97 billion, Euroconsult said Thursday in a news release. While key performance indicators of the sector continued to grow, there was a slight slowdown “largely attributable to the lack of dynamism in mature markets,” it said. Emerging markets have been the most active in rolling out new platforms, increasing subscriber bases, growing revenue and adding TV channels, it said. A growing trend in emerging markets, like Latin America and sub-Saharan Africa, has been the expansion into new markets for existing players, it said. Emerging markets should account for nearly 100 percent of growth in subscriptions, revenue and the number of TV channels by 2023, Euroconsult said.