The turnover achieved by video-on-demand (VOD) providers is expected to grow in Germany to €458 million this year – an increase by 42% compared with 2014.
Last year, VOD portals like maxdome, Watchever or Videoload reached a total turnover of €322 million. The figures were reported by German industry association BITKOM based on data compiled by market research institute IHS Screen Digest.
With TV series, VOD portals are expected to reach a turnover of €243 million this year while movies are expected to contribute €215 million.
According to a BITKOM survey, almost one in five Germans (19%) use VOD portals for movies or series. This corresponds with over 13 million people.