Expert: Pay TV market revenue rises 14.2% to 95.3 bln rbl in 2018

MOSCOW, May 23 (PRIME) -- Revenue of Russia’s pay TV market increased 14.2% to 95.3 billion rubles in 2018 and will go beyond 100 billion rubles in 2019, researcher J’son & Partners Consulting said in a study seen by PRIME on Thursday.

“Such a dramatic growth became possible first of all thanks to higher cost of services of the biggest operators and revenue of additional services. Under a basic outlook by 2023, the industry’s incomes will keep on growing with an average annual rate of 4% and they will exceed 100 billion rubles in 2019,” J’son & Partners Consulting said.

In the revenue structure satellite television accounted for 39.5%, analog cable television for 27.7%, IP television for 18.9%, and digital cable television for 13.9%.

Pay TV counted 43.2 million subscribers as of the end of 2018, up 3.1%.

(64.4156 rubles – U.S. $1)

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