UK TV industry risks losing 1bn a year to Amazon, Youtube and Facebook
August 29, 2017 | NEWS
Traditional broadcasters such as the BBC, ITV and Sky could follow other industries in losing out to digital ‘middlemen.'
A new report says that UK broadcasters could suffer the same fate as industries including music, news, insurance and property where powerful digital newcomers – including Apple, Google, YouTube, Moneysupermarket and Rightmove – muscled in as middlemen to take a significant share of revenues.
The report, by OC&C Strategy Consultants, argues that broadcasting could be controlled by one or two “super-aggregators” that would act as viewing gateways for consumers looking for a simple way to access a plethora of content.
Refer to full article here.