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Netflix Overtakes Germany’s ARD to Become Second Largest TV Group in Europe After Comcast

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variety.com

Naman Ramachandran Giant streamer Netflix was the second largest TV group in Europe by revenue in 2020, according to new data from research firm Ampere Analysis.Comcast, which owns pay TV operator Sky’s European operations, remains the leader with a 12% market share by revenue.

However, with a 6.1% share, Netflix has leapfrogged German public broadcaster ARD. U.K. broadcaster BBC is in fourth place with 4.2% and the Canal Plus Group fifth with 3.2%.

Amazon Prime Video is in 13th position with 2%.Tony Maroulis, principal analyst at Ampere Analysis, notes that since launching in 2012, Netflix has grown rapidly in Europe.

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