quote [ the number of UK subscribers to video streaming sites like Amazon and Netflix has surpassed the number of subscribers to traditional television, according to Britain’s Office of Communications - broadcasters in the UK shudder, as revenues drop in sync with the falling viewership.
Pay-TV still generates more money...though that marked a 2.7% decrease year-on-year. TV advertising income was down 9%, Revenue for online subscription sites, growing 38% year-on-year.
One of the main factors behind the enormous rise in streaming subscriptions is original content -, long-standing program creators like BBC, ITV , marking a record low [in producing content]. ]