Russian Pay-TV Market Up by 13 Percent in 2013

Over the next five years, the market is to grow by four per cent annually, with the penetration figure reaching 73 percent by 2018. MOSCOW – The Russian pay-TV market grew by 13 percent in financial terms in 2013, according to a study by the local research group iKS-Consulting. Last year, the size of the pay-TV market reached $1.53 billion (52 billion rubles). The study also said that cable television is responsible for 52 percent of the pay-TV subscriber base and 58 percent of all the sector'...