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Thought this collaboration, OTTera will revolutionize content scheduling and advertising strategies, delivering unparalleled value to its customers.

The streamer presented its Q1 financial results, with a revenue growth of 14.8% to $9.3 billion during its first quarter of 2024, and net income surging by 77% to $2.3 billion.

According to GlobalData's China Multiplay Forecast Model (October 2023), the growth will be steady, and it predicts to have 505.2 million household subscriptions by 2028.

The last media rights five-year contract was valued at $1.2 billion annually, but the IPL is poised to monetize these massive rights costs through ad and sponsorship, rather than subscription revenue.

Western European OTT TV episode and movie revenues will reach $48 billion in 2029; up from $31 billion in 2023. The UK will contribute $10 billion in 2029, Germany $9 billion, Italy $5 billion and France $7 billion.