Under the terms of the deal, WildBrain will hold exclusive FAST and AVOD distribution rights worldwide for the title, excluding YouTube, Canada and Italy.
Marco Nobili, EVP, International General Manager of Paramount+, and Olivier Jollet, EVP, International General Manager of Pluto TV, describe the company's strategy for both services and its global expansion plans.
Amagi's "Global FAST Report" report found that global AVOD ad revenues are expected to hit $56 billion by 2024, while APAC continues to be on top of the list with an ad revenue projection of around $25 bn by 2024.
The German commercial broadcast group shares a 50:50 partnership on the AVOD, which was established with Discovery in 2017, and has operated under the name Joyn since 2019.