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The U.S. has nearly 300 OTT services to choose from

Y2kTheNewOldies

Y2kTheNewOldies

https://www.fiercevideo.com/video/u-s-has-nearly-300-ott-services-to-choose-from

Using its OTT Video Market Tracker tool, Park Associates has found that the number of OTT services in the United States has reached nearly 300.

The firm said the total is more than double the amount when compared to 2014.

Within the past nine months, a number of major OTT services have made waves within the industry: NBCUniversal launched Peacock and WarnerMedia launched HBO Max. ViacomCBS is also planning a re-vamped CBS All Access and changing the name to Paramount+ while Apple and Disney continue to pour millions into promoting and building up their own streaming services released just last year.
The market research group also found that only six services have thrown in the towel so far in 2020. However, the report came out before Quibi this week confirmed it’s shutting down. Regardless, it’s a huge decline compared to 2018 when 19 services left the marketplace.
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Here is a study on OTT services.
 
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