The SVOD market is expected to reach $151.49 billion by 2028 from $87.30 billion in 2021, registering commendable growth at a compound annual growth rate (CAGR) of 8.2%.
The UK factual production company will help guide the company's effort to further engage with local networks, SVOD's and broadcasters across the globe.
In the second quarter of 2022, 19.19 million UK homes (67% of households) had access to a SVOD service, a decrease of 382.000 (or almost 2%) from 19.57 million in the first quarter of the year, according to data from BARB.