Global pay-TV market to generate US$280.4 billion this year

The global pay-TV market will generate US$280.4 billion (€207.3 billion) in service revenue in 2014, from a total subscriber base that is tipped to pass 936.4 million at the end of the year.

According to the new figures from ABI Research, some 45% of worldwide pay-TV subscribers are expected to be high-definition customers at the end of 2014, with the World Cup expected to contribute to higher pay-TV service revenue in 2014.

ABI said that the major US cable operators in the US suffered a net subscriber loss of roughly 7,000 in Q1 2014, compared to a more than 200,000 subscriber loss in 4Q 2013http://www.digitaltveurope.net/211582/global-pay-tv-market-to-generate-us280-4-billion-this-year/