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February 09, 2019
Though Epix is trying to take advantage of this trend as a portion of consumers self-bundle with video, the challenge will be to ensure that Epix is part of that bundle. A recent study from Parks Associates found that 70% of US broadband homes already have at least one OTT service. TiVo Inc. (Nasdaq: TIVO)'s "Video Trends Report" for Q4 2018 found that consumers used an average of 2.75 OTT services (free and paid), up 26% from the year-ago period.
From the article "Epix Enters the Direct-to-Consumer Streaming Fray" by Jeff Baumgartner.
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With the purchase, Otter Media ranks as one of the most valuable media upstarts of the last decade, said Brett Sappington, senior director of research at Parks Associates, a firm that focuses on emerg...
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