Global AVOD revenues for television series and movies will reach US$91 billion in 2028, up from US$38 billion in 2022, according to Digital TV Research’s latest report.
Deloitte Global predicts that, by the end of 2023, approaching two-thirds of consumers in developed countries will use at least one advertising video-on-demand (AVOD) service monthly—a 5% increase over the prior year.
The company has acquired over 60 hours of true crime content from Red Arrow Studios International, New Dominion Pictures and TVF International for its new channel launch.