Between January and August of this year, Australians streamed 24 billion minutes of premium online video, 35 percent of all online content consumption, according to Media Partners Asia (MPA).

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The chief content officer discusses the AVOD service's international expansion and programming strategy.

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With the arrival of new streaming players in Latin America, Digital TV Research projects Netflix's share of SVOD revenues in the region will drop from 72 percent last year to 41 percent in 2027.

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New projections from WARC indicate global ad expenditures will rise by 8.3 percent this year to reach $880.9 billion, with growth slowing significantly in 2023.

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For the first time, streaming usage surpassed that of cable in the U.S., per Nielsen, representing 34.8 percent of TV consumption in July, with cable at 34.4 percent.

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HBO Max and discovery+ will be combined into an as-yet-unnamed unified platform delivering both ad-free and ad-lite options in 2023, with a FAST service potentially to follow, David Zaslav and JB Perrette revealed in an investor call as Warner Bros. Discovery (WBD) reported its first financial results as a combined company.

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Lionsgate reported that it beat expectations in subscriber growth in the first quarter as it posted revenues of $893.9 million and a wider loss of $119 million.

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In its first financial results as a merged company, Warner Bros. Discovery reported a second-quarter net loss of $3.4 billion on revenues of $9.8 billion.

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U.K.-based data company MUSO, which tracks online piracy, has received a £3.2 million ($3.9 million) investment from Puma Private Equity.

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Revenues at Paramount rose by 19 percent to $7.8 billion in the second quarter, driven by significant gains in its direct-to-consumer and filmed entertainment divisions.

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