Drew Burstein is the owner and director of a company called Frame Your TV. He regularly writes about interesting topics in relation to television and has created this infographic on ‘The Rise of SVOD (Subscription Video On Demand) , Is Online TV Killing Traditional TV?’
Online TV and video services are forecast to generate $42 billion / £30 billion in global revenues by 2020.
Over 50% of consumers state that they watch streamed on-demand video content at least once a day, up from 30% in 2010.
While traditional TV still remains strong, it is linked to age and one in four consumers completely cut or pared back their traditional TV services in 2015.