The global cinema industry is set to lose $32 billion (€26.4bn) in 2020 as a result of the Covid-19 pandemic a 71.5 per cent reduction in box office revenue compared to 2019, according to Omdia’s latest Movie Windows: Adapting for the future report. Box office revenue has dipped below $13 billion for the first time […]
Paul Gray, Omdia Senior Research Manager, speaking at Spain’s UHD Summit, said that while the broadcasting of 4K material had been badly impacted by the pandemic and the cancellation of global sporting events, he was confident that 2021 would be “tremendous” year for the take-up of 4K. “The next two years will be a marketer’s […]
Maria Rua Aguete, Senior Research Director at Omdia, speaking at the 4K HDR Summit’s virtual edition, said that viewers in the US and Western Europe are increasingly enjoying 4K television. She says that the US ownership of 4K is currently at 52 per cent. Western Europe is at 38 per cent, and will take about […]
Overlapping ecosystems are to dominate entertainment service strategy in 2021, with games, audio, and video set to come under one provider, suggests a report from consultancy firm Omdia. According to Maria Rua Aguete, Senior Research Director at Omdia, vertical integration and commoditisation of IP will come under renewed focus. The report, 2021 Trends to Watch: […]
Omdia and Nokia’s Why 5G in Latin America report finds 5G will come to Latin America, sooner rather than later. The region lags its peers in productivity and economic growth, both of which will be enhanced by digital transformation. This, in turn, requires
Despite declines in viewership, linear television still remains the dominant form of TV viewing for consumers across the US, UK and other major economies, according to Omdia. Linear TV accounted for
Viewers have dozens of choices of content providers and thousands of choices of pieces of content. No wonder the quality of the UI and the search and discovery deployed by a provider can be crucial in determining QoE and, thereby, churn levels. What are the remaining impediments – technical and commercial – to universal search? […]
Just weeks after its launch in the UK, Disney+ emerged in April as the country’s third-largest SVoD player, with 4.3 million subscribers. Disney’s SVoD service, which started operating in the UK on March 24th, already carved out a 16.8 per cent share of subscribers by the end of April, according to survey data from
According to research company Omdia’s 5G Market Progress Assessment (end-2019) report, the UK is ranked sixth out of the 22 leading 5G countries analysed for 5G deployment. The Omdia research assessed the deployment progress of 5G based on commercial operator launches, network coverage, subscriber take-up as well as 5G spectrum availability and regulatory environment. Based […]