Entertainment

U.K. Streaming Revenues Soar 21% to $4.1 Billion in Flat Market, Media Regulator Study Reveals

Revenues in the U.K. streaming sector soared 21.5% year-on-year to £3.3 billion ($ 4.1 billion) from 2022, a study from media regulator Ofcom has revealed. The growth is driven by a combination of price rises – notably by Netflix in March 2022 and Amazon in September 2022 – and overall growth in subscriptions, which increased from […]
Variety