Is internet killing the video star? Amanda Turnbull from Discovery Communications and Maaz Sheikh from Starzplay discuss the future of television viewing.
MoffettNathanson predicts a rate of decline of about 4% a year over the coming five years, or a drop from about 89 million subscribers in 2018 to 72 million in 2023.
However with mainstream TV companies like Disney innovating with services like Disney Plus, are they going to prove to be bigger threats for streaming services like Netflix and Starzplay whose content is either licensed or extremely expensive to produce.
At least two major cable companies - AT&T and Comcast - are about to have affiliated streaming platforms (WarnerMedia and NBCUniversal, which is an investor in Vox Media, respectively).
Amanda Turnbull from Discovery Communications and Maaz Sheikh from Starzplay discuss the future of television viewing.
(Source: Arabianbusiness.com YouTube channel)