The subscription video on demand service revenue in Australia is expected to increase at a compounded annual growth rate (CAGR) of 8.9%, from US$2.2 billion in 2022 to US$3.4 billion in 2027, according to GlobalData.
In the partnership, NEP plans to deliver “Brazil Avenue” via Japanese TV and VOD players in January 2023. The telenovela was a huge success with the audience in 2012 and was also licensed for more than 140 countries.
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.
As of August 2022, Netflix’s share has fallen to 28% of the top 100 SVOD titles in the United States, the lowest in the company’s history, although its Originals are still in demand, according to Ampere Analysis.
AMC Networks announced the global rollout of its premium SVOD service, AMC+, which has gained momentum in recent months with new launches in Spain, Korea, India, New Zealand, and Australia.