OTT Revenue to Quadruple by 2017

By 2017, ABI Research expects over-the-top (OTT) video revenue to quadruple to $32 billion, up from the expected $8.2 billion in 2012. Subscription services such as Netflix (NASDAQ:NFLX) have led the OTT markets the past couple of years. By 2014, however, ABI expects OTT rentals to surpass subscription revenues.The research house expects pay TV services to continue to thrive, by implementing multiscreen services and supporting OTT content, eventually leading to an amalgamation of complementary services.