European over-the-top video revenue is expected to grow...

European over-the-top video revenue is expected to grow 43 percent this year, down from the 51 percent growth in 2013, a Strategy Analytics report said. Most of the growth likely will occur within the online subscription VOD and ad-supported video business models, Strategy Analytics said Tuesday in a news release (http://bit.ly/1CJaRSp). That will probably lift the market above $9.45 billion by the end of 2018, it said. SVOD revenue was led by Netflix, it said. The average OTT video spend per broadband user in Western Europe is about four times that of those in central and eastern Europe, it said.