Global pay-TV revenues to fall as Vodafone close to Liberty Global deal
All but one of last year’s top 10 global pay-television operators are forecast to lose revenues over the next five years, with their pay-TV revenue share set to fall from 53 per cent in 2017 to 48 per cent in 2023, according to Digital TV Research’s Global Pay TV Operator Forecasts report.
The 2017 list is led by USA’s AT&T, whose revenues are forecast to fall from $30.7 billion in 2017 to $23.6 billion in 2023.
The highest-placed non-US operator is China Radio & TV in fifth position, with revenues forecast to fall from $8.6 billion to $7.4 billion.
It is followed in sixth position by the UK’s Sky, the only European operator in the top 10, whose satellite revenues are forecast to drop from $5.3 billion in 2017 to $4.6 billion in 2023.
Sky Brazil is the sole top 10 operator forecast to increase its revenues, from $3.6 billion in 2017 to $3.7 billion in 2023.
Simon Murray, principal analyst at Digital TV Research, said: “The good news is that 15 operators will add more than $100 million between 2017 and 2023, with China Telecom up by $1.4 billion. However, five operators, including four from the US, will lose more than $1 billion in revenues. Seven of the top 10 losers will be in the US.”
Meanwhile, a plan by Vodafone, the mobile giant, to acquire the cable assets of US operator Liberty Global in Germany and parts of eastern Europe is set to be finalised in the next two weeks, the Financial Times has reported.
The deal is set to be worth up to €16.5 billion ($20.2 billion) including debt, according to the report.