Over 57% of Canadian households with internet access streamed Netflix sometime in 2018. Currently, Netflix Canada has around 6.5 million paying subscribers.
There is even more bad news for pay television providers. Unlike 2017, subscribers signing up for cheaper online television bundles are starting to contract.
The European Commission’s Digital Single Market strategy will destroy Europe’s independent film and television market in favor of global technology companies.
More and more consumers are piecing together entertainment content from multiple services rather than relying on a traditional cable television package.