
The U.S. subscription video on demand (SVOD) business grew total revenue by 22.22% to over $8.7 billion in the first quarter, the biggest rate of quarterly expansion since the go-go streaming days of the 2020 pandemic.
The data comes courtesy of Informa-owned research company Omdia, which delivers SVOD data as a third party in the Digital Entertainment Group's quarterly "Home Entertainment Spending" reports.