Web TV downloads forecast to hit $6.3bn
FT.com January 28 2007 22:12
Downloads of television programmes and films from websites are expected to grow 10-fold to be worth $6.3bn in 2012, although some content companies have not learned from the music industry’s experiences with internet piracy, says a report….
The arrival of legal peer-to-peer services, where computer users share files are also expected to boost internet protocol TV.
However, in spite of the growing popularity of online TV, the audiovisual sector is in danger of repeating the mistakes of the music industry by hoping that piracy will somehow sort itself out, says the report by Informa, the business information group.
“Instead of grasping the nettle and embracing online television, they are burying their heads in the sand and hoping it will go away. This will not happen,” said Adam Thomas, media research manager at Informa Telecoms and Media.