Decrease of pay-TV revenues in the MENA region by $1.6 billion

The pay-TV revenues in the Middle East and North Africa region are projected to decrease by $1.6 billion by 2029, as indicated in a report by market analysis firm Digital TV Research.

The study attributes the 43 percent decline, amounting to $2.2 billion, to the growing popularity of over-the-top (OTT) media services and piracy issues in the Middle East and North Africa (MENA) region.

Simon Murray, principal analyst at Digital TV Research, noted that legitimate pay-TV penetration has historically been low in most MENA countries, and the…