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According to the latest forecast by Strategy Analytics, the number of ‘metaverse’ devices is set to double in the next two years.

NBC Universal-owned streaming platform Peacock has announced a groundbreaking partnership that will bring its content to Meta Quest 2 and Meta Quest Pro virtual reality (VR) headsets in the US. This collaboration marks the first time that Peacock will be available on a VR headset.

Driven by the popularity of bundled offerings. Following a period of slower growth, the SVOD market has experienced a resurgence. Close to 70% of households in Sweden now subscribe to at least one paid streaming service, either as a standalone subscription or bundled with other services such as pay TV.

Disney is set to launch a combined app for Disney+ and Hulu by the end of the year, aiming to consolidate content from its direct-to-consumer (D2C) services.

Although the company has managed to reduce its streaming losses in the second quarter of 2023, subscriber declines remain a challenge.

As of the end of March, South Korea’s SK Telecom reported a total of 9.401 million pay TV customers. Representing a 0.8% increase compared to the previous quarter and a 3.4% increase compared to the previous year.

Netflix has implemented new strategies to increase its subscriber numbers and revenue as more consumers are cancelling their SVOD (subscription video on demand) subscriptions.

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