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SPI/FilmBox has teamed up with Struum, the new breed of streaming service created by senior-level Disney and Discovery executives, and backed by a multi-million-dollar investment from former Disney CEO Michael Eisner.

Advertisers have followed consumers' shift to digital platforms, with CTV market investments seeing a year-over-year increase of 40.6% to $9 billion. Spending is projected to hit $13.41 billion this year, estimated to double by 2025.

The media investment fund, projected to create 20,000 new jobs and $430 billion, will span five years and will create 20,000 new jobs across 20 states, including an institution division in North Carolina.

The investment is to fuel accelerated development of next-generation technologies and global delivery of the world's localized content.

The national fund will cover $10.5 million for Pilot Program for underrepresented communities , while 25% of the total amount will be allocated to the Conceptualization program, and $2 million will be provided to its Sector Development Support , among other other changes and investments.