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The service reported $440 million in March of last year and 33 million monthly active users, drawing in $150 million in advertising alone. That rate of advertising revenue growth puts it about a year behind Pluto TV.

The SREDA production company initiated a drama distribution deal for “Married Life Scenes," while TOONZ Media Networks acquired avod rights to "Kikoriki" and "Pincode," and Art Pictures Distribution signed sales deals for the formats of TV series “Kitchen” and “Fixer." In total, over 35 Russian companies participated at the networking event.

During the virtual event, “Transforming the Digital Media Space from the Inside Out,” executives representing the leading Hispanic market ad networks admitted that, with booming streaming outlets all over the world, including the avod market-dominating by 40-60% in Latin America, a total digital market transition is expected to take place within the next two decades.

ViacomCBS’s AVOD service will receive $786.7 million in net US ad-revenues in 2021, a 77.7% increase over the previous year. In 2022, its net US ad revenues will surpass $1 billion annually for the first time, according to eMarketer.

The wildlife and nature brand with linear and streaming platforms will reach 300 million households around the world as one of the platform’s premium FAST channels.