Global Online TV, Video Revs Hit $22B In ’16

Global online TV and video revenues will grow five times its current size, reaching $21.52 billion in 2016, from the $3.48 billion in 2010 — this according London-based media research company, Digital TV Research. A big mover here will come from so-called over-the-top (OTT) alternative TV/video providers that use the Internet to act like terrestrial cable operators and/or satellite programming services.