TV Drives Cable Revenue

IHS stats, released by Cable Europe at the Cable Congress in Warsaw, has shown than cable revenue in Europe was up 7.1% YoY in 2015. All services grew, with TV up 5.5% and remaining the top profit driver for the industry. Television represented 50% of the €22.9 billion revenue made by cable. Strong demand for digital subscriptions and VoD drove TV. 61.2% of TV subscribers are now digital, and generate 77% of TV revenue. 21 million homes in Europe still take analogue cable, showing that there is still room to grow.