European Streaming Market Tops $14 Billion, Netflix, Amazon Dominate [THR]

European Streaming Market Tops $14 Billion, Netflix, Amazon Dominate [THR]

By Scott Roxborough

February 9, 2021 | Revenue for streaming services on the continent kept growing last year, but global companies Netflix and Amazon are reaping most of the benefits.

European consumers have gone all-in on streaming, helping to drive massive growth in video-on-demand services, which last year booked revenues of $14 billion (€11.6 billion) across 28 European countries. That compares to just $468 million (€388.8 million) a decade ago, according to a new report released Tuesday by media think tank the European Audiovisual Observatory (EAO).

Read more on The Hollywood Reporter.

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