Global FAST revenues for TV series and movies are forecast to reach $18 billion in 2028.
This, according to the latest report from Digital TV Research, will be the triple the $6 billion in 2022. The US will contribute 55% to the 2028 total, down from 67% in 2022. It will also add nearly $6 billion between 2022 and 2028 – or half of the world’s $12 billion additional revenues.
Commenting on the findings of the report, Simon Murray, principal analyst at Digital TV Research, said: “The FAST market by platform will remain fragmented. Pluto TV, Roku Channel and Samsung TV Plus will account for half the global total by 2028”.
Pluto TV will continue its international expansion. Its global revenues will reach $4.2 billion by 2028, quadruple from $1.1 billion in 2022.
FAST revenues are defined as advertising from online linear channels. FAST revenues form part of our overall AVOD revenues.
Source: https://www.broadbandtvnews.com/2023/05/03/global-fast-revenues-set-to-triple/