According to Omdia data, Netflix is projected to overtake YouTube, reaching $46.2 billion, fueled by $43.2 billion from subscriptions and $3.2 billion from advertising.
The consolidated revenue up 2.6% in 2024, driven by good performance in advertising and by Newen Studios and TF1+ has lived a strong momentum for its advertising revenue throughout the year.
This initial step into the UK market gives a significant boost to the Spanish studio's plan to generate 30% of its annual revenues in languages other than Spanish.
FAST grew significantly YoY, with a 65% uptick in ad impressions and a 95% increase in Hours of Viewing (HOV). These numbers further emphasize the growing inclination of viewers and content owners toward ad-supported models.
The objective is to strengthen their international distribution and digital channel. Kids First Digital will also leverage its privileged tools and access to support third-party producers in optimizing the visibility and revenue of their IPs.