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Video-on-demand companies officially inaugurated the European VOD Coalition, which aims to give a voice to the successful European audiovisual streaming sector.

Advertising video-on-demand (AVOD) revenues for TV series and movies will reach US$70 billion in 2027, up from US$33 billion in 2021, according to Digital TV Research’s latest report.

Adsmovil announced during the IAB NewFronts the launch of Nuestra.TV, an AVOD service created to entertain, inform, and empower Hispanic audiences across cultural diversity, generations, languages, and devices.

In the fourth quarter of 2021, the number of UK households with access to a subscription video-on-demand service rose above 19 million for the first time, according to data from BARB’s “Establishment Survey for Q4 2021”.

Subscription video-on-demand revenues for 20 countries in the MENA region will grow by $2.3 billion between 2021 and 2027 to reach $4 billion, Digital TV Research said in its latest report.