ITV

Tag: SNL Kagan

  • SNL Kagan says US cable TV will be robust despite decline in video

    SNL Kagan says US cable TV will be robust despite decline in video

    MUMBAI: The naysayers have been making a cacophony of sound about the upcoming gradual squeezing out of life of the US cable TV sector. They have been citing the rampant cord-cutting, slimming down of bundles and the explosion in cheaper alternative OTT services as clear indicators that the countdown clock is ticking away.

    But long time cable TV bellwether SNL Kagan, a part of S&P Global Market Intelligence says that things are looking cheery enough for US operators. 

    A recent report by it indicates that the industry’s broadband advantage and bundling stance will enhance revenues from 2016 to 2026. The revised cable forecast incorporates a slightly improved outlook for the video segment and continued upside for the broadband services, which will translate into revenue growth.

    Kagan states that residential revenues are projected to increase from $108.38 billion in 2016 to $117.7 billion in 2026, or $9.32 billion over the 10-year interval. Contributions from commercial services will help push total industry revenue from $130.57 billion in 2016 to $140.99 billion in 2016, or $10.42 billion over the 10-year period.

    Following are some additional highlights from SNL Kagan’s 10-Year Cable Projections:

    . Subscriber Growth: Broadband subscriptions are forecast to swell by more than eight  million  over the next 10 years, reaching 71 million, and coming in at more than 1.6x the number of video subscriptions

    . Less Dramatic Decline: Basic video subscriptions are projected to drop by an annual compounded growth (CAGR) rate of 1.5% to 45.4 million by 2026, slower than the 1.7% CAGR in last year’s 10-year projection

    . Cord-Shaving Worries: Mounting anxiety around reduced spending on multi-channel video has been most evident in the advanced services. Combining basic cable and advanced services, SNL Kagan anticipates total revenues generated from residential video services to fall at a CAGR of -0.5% over the next 10 years, totally $55 billion annually in 2026

    . Advertising Strength: Despite a decline in net subscribers, net advertising revenue is expected to grow at a 4.3% CAGR through 2026 to reach $6.3 billion

    “Like many industries, cable isn’t immune to shifting preferences, but continued growth in broadband may propel revenue growth on both the residential and commercial end,” said Tony Lenoir and Ian Olgeirson, the SNL Kagan researchers behind the report. “Despite ongoing declines in video, the next 10 years look pretty good for this sector.”

  • SNL Kagan says US cable TV will be robust despite decline in video

    SNL Kagan says US cable TV will be robust despite decline in video

    MUMBAI: The naysayers have been making a cacophony of sound about the upcoming gradual squeezing out of life of the US cable TV sector. They have been citing the rampant cord-cutting, slimming down of bundles and the explosion in cheaper alternative OTT services as clear indicators that the countdown clock is ticking away.

    But long time cable TV bellwether SNL Kagan, a part of S&P Global Market Intelligence says that things are looking cheery enough for US operators. 

    A recent report by it indicates that the industry’s broadband advantage and bundling stance will enhance revenues from 2016 to 2026. The revised cable forecast incorporates a slightly improved outlook for the video segment and continued upside for the broadband services, which will translate into revenue growth.

    Kagan states that residential revenues are projected to increase from $108.38 billion in 2016 to $117.7 billion in 2026, or $9.32 billion over the 10-year interval. Contributions from commercial services will help push total industry revenue from $130.57 billion in 2016 to $140.99 billion in 2016, or $10.42 billion over the 10-year period.

    Following are some additional highlights from SNL Kagan’s 10-Year Cable Projections:

    . Subscriber Growth: Broadband subscriptions are forecast to swell by more than eight  million  over the next 10 years, reaching 71 million, and coming in at more than 1.6x the number of video subscriptions

    . Less Dramatic Decline: Basic video subscriptions are projected to drop by an annual compounded growth (CAGR) rate of 1.5% to 45.4 million by 2026, slower than the 1.7% CAGR in last year’s 10-year projection

    . Cord-Shaving Worries: Mounting anxiety around reduced spending on multi-channel video has been most evident in the advanced services. Combining basic cable and advanced services, SNL Kagan anticipates total revenues generated from residential video services to fall at a CAGR of -0.5% over the next 10 years, totally $55 billion annually in 2026

    . Advertising Strength: Despite a decline in net subscribers, net advertising revenue is expected to grow at a 4.3% CAGR through 2026 to reach $6.3 billion

    “Like many industries, cable isn’t immune to shifting preferences, but continued growth in broadband may propel revenue growth on both the residential and commercial end,” said Tony Lenoir and Ian Olgeirson, the SNL Kagan researchers behind the report. “Despite ongoing declines in video, the next 10 years look pretty good for this sector.”

  • OTT revenues to reach nearly $8 billion in 2017

    OTT revenues to reach nearly $8 billion in 2017

    MUMBAI: SNL Kagan’s Multimedia Research Group (MRG) is predicting the OTT SVOD market to record significant growth worldwide in the coming years, with North America leading the pack, followed by Western Europe.

    MRG predicts that revenues will reach nearly $8 billion on more than 120 million subscribers globally by 2017. North America, which has more than 25 OTT SVOD service providers as of 2013, is the most developed market. Subs are estimated to have increased by more than 50 per cent in 2012, reaching nearly 50 million.

    North America is followed by Western Europe. Last year, Western Europe accounted for 11 per cent of the worldwide market with 7 million subscriptions and annual revenue of $575 million. Asia, which has the largest internet population in the world, accounted for nearly five million OTT SVOD subs in 2012 and $255 million in revenue.

    Eastern Europe had seven per cent of the market in 2012 and more than four million subscribers and revenue of $253 million. The OTT SVOD service markets in Latin America, Asia and Eastern Europe collectively comprised 20 per cent of the worldwide subscribers in 2012. These regions are poised for immense growth in the next five years, according to MRG. The Middle East and Africa had a negligible share of the market last year. Though it is expected to grow in the coming years, its contribution will only increase to one percent by 2017.

  • Netflix becomes bigger than HBO

    Netflix becomes bigger than HBO

    NMUMBAI: Orange is the New Black may have helped make Netflix the new HBO with investors.

     

    On Monday, Netflix reported a U.S. paid subscriber leap, which according to analysts, puts the streaming service squarely ahead of Time Warner’s HBO.

     

    The advances by Netflix spotlight a winning formula around original programming to attract new membership. Original titles such as Orange is the New Black and the Emmy-winning show, House of Cards, were big attractions for subscribers. Binge viewing of these titles have turned Netflix into a hit maker for the new generation.

     

    Netflix Chief Content Officer Ted Sarandos remarked that the only reason to adapt the forecast model for the second season of Orange Is the New Black was because they were highly confident in the model and the quality of the show.

     

    Netflix’s U.S. paid subscribers jumped to 29.9 million in the third quarter, up from 28.6 million in June, passing HBO’s 28.7 million, according to market researcher SNL Kagan.

     

    Wall Street investors applauded Netflix’s programming results. Shares of Netflix rocketed 10 percent, at $391.39, in after-hours trading on the news. Overall membership at Netflix soared in the quarter from last year. It also reported more than 33 percent jump in members from last year, at 40 million compared with less than 30 million in the prior period.

     

    Since Orange has been a great success for them, Netflix wants to do more content like Orange.

     

    Netflix quarterly results beat estimates, top to bottom, according to a survey of forecasts from Thomson Reuters. Company net income popped 315 percent, at $31.8 million, compared with a year ago. Revenue nudged past estimates by $6 million on just over $1.1 billion in the quarter. Earnings per share of 52 cents beat analyst forecasts for 49 cents in the period.

     

    Netflix’s international audience jumped by 1.4 million new members from a year ago, driven by Nordic and Netherlands expansion efforts, the company said.

  • SNL Kagan Survey 2012: Videocon d2h is world’s No 1 DTH player in new subscriber additions

    SNL Kagan Survey 2012: Videocon d2h is world’s No 1 DTH player in new subscriber additions

    MUMBAI: The sky is the limit it seems for Videocon d2h, the direct to home arm of the Videocon group. It apparently has unknowingly managed a unprecedented record of adding the highest number of gross subscribers in 2012 in the DTH category globally.This is one of the findings from a piece of research carried out by US research agency SNL Kagan on leading pay TV operators in the world. 

    According to the study Viideocon d2h, added 2.33 million subscribers in 2012, while Dish TV added 2.2 million subs and Tata Sky 1.9 million. As compared to that, the next highest additions in 2012 were Russian DTH firm Tricolor which added 1.29 million subscribers and Sky Brasil and Sky Mexico with 1.251 million new subs and 1.12 million sub additions.

    One of the youngest Indian DTH operators, the company was buoyed by this news. It says the term, ‘The Fastest Growing DTH Service provider‘, now assumes greater impetus and significance due to the global survey results.

    Says Videocon group director Saurabh Dhoot: “Videocon d2h has been constantly topping the charts with highest number of additions in the Indian scenario but achieving this on a global scale that too on an annual basis, is phenomenal and overwhelming. We have always raised the bar in various parameters in the category and this provides another instance for the same. Through all our endeavours we will continue adding value to our customers.”

    Adds Videocon d2h CEO Anil Khera: “This is a very proud moment for us as a company. We have not only maintained our lead within the country but have outshined even global competition. I am sure such an accolade will provide a strong motivation to our employees to raise the company‘s flag even higher. It is because of the belief that our customers have placed on the brand that we are able to achieve such success. We aim to delight them always with our services.”

    Also Read: 
    Indian pay TV operators making their mark globally: researcher SNL Kagan

  • Indians among top operators providing broadband in 2012

    Indians among top operators providing broadband in 2012

    NEW DELHI: China, India and the US accounted for 50 or nearly half of the 106 top operators, with 27 entities based in China and 12 in India.

    Media and communications analysis specialist SNL Kagan has compiled a database of 106 major operators serving no fewer than two million video subscribers or one million fixed-line broadband subscribers at year-end 2012 to facilitate a global comparison of the world‘s largest video and broadband providers.

    The United States came third with 11 operators, followed by France, Germany, South Korea, Brazil and Mexico, each with five.

    American cable giant Comcast Corp remained the world‘s largest pay TV provider as of year-end 2012 with 22 million video subscribers, while Chinese telco incumbent China Telecom was the top fixed broadband provider, reaching 90.1 million high-speed internet customers.

    On a regional level, China‘s ongoing cable consolidation and India‘s continued DTH surge have produced many top pay-TV operators in the Asia Pacific region with gigantic subscriber bases.

    At end-2012, the top 10 Asia Pacific operators each served more than 10 million video subscribers and still are on track for further growth.

    Strong DTH uptake has also taken place in Latin America, where top providers SKY Brasil, Sky Mexico and America Movil‘s Claro made the most aggressive subscriber net additions in 2012 in the region. In the advanced territories of North America and Western Europe, telecom providers are outpacing incumbent cable operators in terms of subscriber growth, with IPTV services from AT&T Inc, Verizon Communications Inc, France Telecom Group and Deutsche Telekom AG registering the most net additions, while cable giants such as Comcast Corp, Rogers Cable Inc, Kabel Deutschland GmbH and Numericable SAS continued to suffer subscriber loss.

  • Indian pay TV operators making their mark globally: researcher SNL Kagan

    Indian pay TV operators making their mark globally: researcher SNL Kagan

    MUMBAI:India‘s pay TV operators are coming of age. And they are bursting on to the global pay TV scene, if one goes by data released by researcher SN L Kagan for 2012. Almost four of them feature in the top 10 list for Asia Pacific. Amongst these figure: Dish TV, DEN Networks, Siti Cable and Tata Sky.

    According to the SNL Kagan report, DishTV with 14.7 milllion subscribers is the largest pay TV operator (fourth placed in the Asia-Pac rankings), Den Networks wih 11.2 million subs, Siti Cable with 10.5 million subs and Tata Sky with 10.2 million subs are at the No 8, 9, and 10 positions. Chinese operator Jiangsu Broadcasting with 20.9 million subs leads the Asia Pac table, while China Telecom with 19.9 million subs is at No 2.

    The numbers can only go up for Indian pay TV ops, says an industry observer, as the government mandated digitisation spreads further into smaller and smaller towns forcing consolidation on the industry. Some MSOs are likely to expand even as DTH will attempt to garner new subscribers.

    The researcher says that Videocon d2H leads the Indian pay TV operator pecking order if one looks at net subscriber additions with its number of 2.3 million. Dish TV is also doing well with 2.2 million net new subscriber adds. While Tata Sky follows with 1.98 million new additions.

    India‘s BSNL with 9.9 million broadband subsribers and Bharati Airtel with 1.38 million are the only Indian firms featuring in the broadband table.

    On the whole, SNL Kagan has crowned US cable TV service provider Comcast, as the world‘s largest pay-TV provider last year with nearly 22 million subscribers. However the next two are not far behind. China‘s Jiangsu Broadcasting has 20.9 million and DirecTV has 20.1 million.

    China Telecom was the top fixed broadband provider, reaching 90.1 million high-speed Internet customers. India, China and the US accounted for 50 or nearly half of the 106 top pay-TV operators, with 27 companies based in China and 12 in India. The US is third with 11 operators, followed by France, Germany, South Korea, Brazil and Mexico, each with five.
     
    In Asia, of the top 10 platforms by subscriber number, six were in China and the rest are in India led by Dish TV.

    Comcast is still the number one broadband provider in the US, with about 19.4 million subscribers ahead of AT&T with 16.4 million and Time Warner Cable with 11.4 million subscribers.

    For a list of the Global Top Multichannel Operators by Year-End 2012 Video Subscribers. Click Here

    For a list of the Global Top Multichannel Operators by Year-End 2012 Video Net Adds. Click Here

    For a list of the Global Top Broadband providers by Year-End 2012 Subscribers. Click Here

    For a list of the Global Top Broadband providers by Year-End 2012 Net Adds. Click Here

    Also Read:

    SNL Kagan‘s global media & entertainment heavyweights

    US multi-channel video subscriber universe sees small growth in 2012: SNL Kagan

  • SUS multi-channel video subscriber universe sees small growth in 2012: SNL Kagan

    SUS multi-channel video subscriber universe sees small growth in 2012: SNL Kagan

    MUMBAI: US multichannel subscribers grew slightly in both Q4 2012 and for the full year, reversing the negative quarterly trends of the earlier two quarters. The small gain that brought total multichannel subs to 100.4 million illustrates the continued popularity of multichannel video alongside evidence that alternative access is siphoning the segment‘s growth potential, according to SNL Kagan.

    Multichannel service providers in the US collectively added 51,000 new customers in fourth quarter 2012, according to company reports, private MSO surveys and SNL Kagan estimates for total subscribers served by cable, satellite and telco video packages. The gains for the full year hinged on fourth-quarter performance following declines in the seasonally weak second and third quarters that essentially erased the 2012 first-quarter bump.

    The three platforms collectively added 46,000 video customers year over year in 2012, finishing the year with more than 100.4 million. While the industry has never posted a full-year decline in video subscribers, growth has proven difficult above the 100 million-household mark. For the year, SNL Kagan estimates that U.S. cable subs declined to 56.4 million, DBS subs grew to 34.1 million and telco video subs grew to 9.9 million.

    External factors continue to hold a place in the discussion, including persistent high unemployment and other macroeconomic weights along with widespread disruption to East Coast systems from Hurricane Sandy.

    However, the modest fourth-quarter and full-year 2012 subscriber growth suggests the segment is not rebounding with the broader economy, and customer formation is lagging the rebounding housing market. According to the fourth-quarter 2012 figures from the US Census Bureau housing survey, occupied housing continued to ramp up, adding nearly half a million new units when including occupied, seasonal and occasional-use households.

    The year-over-year comparison, which benefits from a standard backward revision in the survey, offers a broader perspective that supports the same trend line. The metric points to an annual net gain of 974,000 occupied, seasonal and occasional-use households, more than 21x the increase in multichannel subscribers over the same period. The result is a persistent dip in the multichannel penetration of occupied households in the US.

    According to SNL Kagan‘s overlay, the three primary platforms accounted for 84.7 per cent of the occupied homes in the US, down both sequentially and annually and off of the high point of 87.3 per cent registered in first quarter 2010.

    The cable industry posted a net loss in fourth quarter 2012 that was a significant improvement over the previous two quarters, but outpaced the segment‘s performance in the year-ago quarter. SNL Kagan estimates the industry dropped 418,000 video subs, a 0.7 per cent sequential decline. The segment lost 1.66 million video customers in 2012, an improvement over the 1.8 million dip in 2011.

    The telcos are experiencing slowing growth as their penetrations rise. The industry was still the driving force in subscriber growth, with more than 1.4 million new video customers in 2012. However, the momentum is slowing, down from nearly 1.6 million in 2011.

    DBS providers built on their slice of the video segment, but with net adds of 288,000 in 2012 — down from the nearly half a million new subs added in 2011 — growth is becoming more difficult to come by.