OTT password sharing costs industry $500m

OTT video service credential sharing will cost the industry $500 million (€447m) in direct revenues worldwide in 2015, according to research from market research and consulting company Parks Associates examining video piracy, credential sharing, and its impact on OTT revenue. The report – The Cost of Piracy – shows 6 per cent of US broadband households use an OTT video service that is paid by a person living outside of the household. It also analyses usage and impact of live-streaming applications such as Meerkat and Periscope, which are used to ‘share’ broadcast events such as Game of Thrones episodes and the Mayweather-Pacquiao fight. http://advanced-television.com/2015/07/10/ott-password-sharing-costs-industry-500m/ http://www.parksassociates.com/blog/article/pr-july2015-piracy http://www.digitaltveurope.net/395551/ott-password-sharing-to-cost-industry-us500-million/