Replies to post #761 on Ideanomics Inc (IDEX)

[PRESTONJAMES]

Research firm Media Partners Asia Ltd. estimated that revenue for on-demand services in China will rise to $1 billion in 2020 from $120 million in 2010.


Cha Ching!!!

[esb1015]

Good article. This is an obvious threat to CBBD, but if they can get a fraction of the estimated $1B in VOD revenue by 2020 they will be just fine. While the article focuses on the younger generation, one cannot forget that half of China's population is over 35 and has very little education. While the younger more wealthy folks may be very tech savy, there is a large % of the population that relies on TV for entertainment not the internet.