The pay-TV revenues in the Middle East and North Africa region are projected to decrease by $1.6 billion by 2029, as indicated in a report by market analysis firm Digital TV Research.
The study attributes the 43 percent decline, amounting to $2.2 billion, to the growing popularity of over-the-top (OTT) media services and piracy issues in the Middle East and North Africa (MENA) region.
Simon Murray, principal analyst at Digital TV Research, noted that legitimate pay-TV penetration has historically been low in most MENA countries, and the decline is accelerating as pay-TV subscribers transition to OTT platforms.
Between 2016 and 2020, pay-TV revenues for the 20 MEN
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