The company aims to collaborate with 3Doubles and Viva Kids to produce new movies and series, which will be distributed by Studio 100 Media internationally whilst Viva Pictures takes on the North American movie distribution.
Amazon announced that Prime Video shows and movies will include limited advertisements in the United States, UK, Germany, and Canada starting in early 2024, followed by France, Italy, Spain, Mexico, and Australia later in the year.
AVOD revenues for TV series and movies will reach US$69 billion by 2029, up by US$30 billion from US$39 billion in 2023, according to Digital TV Research latest “Global AVOD Forecasts” report.