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Home Entertainment Subscriptions Boom In Oz – channelnews – ChannelNews

Home entertainment subscription services have boomed in Australia during the COVID-19 pandemic, according to new research from emerging technology analyst firm Telsyte. As of end-June 2020, Australians had 5.6 million more subscriptions than they did a year a…

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Home entertainment subscription services have boomed in Australia during the COVID-19 pandemic, according to new research from emerging technology analyst firm Telsyte.
As of end-June 2020, Australians had 5.6 million more subscriptions than they did a year ago, representing an increase of 18%. In total, the number of subscriptions hit 37 million, and Telsyte expects this to reach 58 million by 2024.
The bulk of this growth was in streaming video-on-demand (SVOD), with 16 million; streaming mu…

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