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COVID-19 Spurred AVOD's Growth Amid Flurry of Big Media Plays, Parks Event Told

Ad-supported VOD services are playing a pivotal role in delivering a relaxed, “tension-free” viewing experience during the pandemic's “troubling times,” Parks Associates analyst Steve Nason told his company's Future of Video virtual conference Wednesday. Acquisitions in the AVOD space by prominent media companies included Pluto TV by ViacomCBS in 2019, Xumo by Comcast in February and Tubi by Fox in April. The transactions all raised the overall profile of the AVOD category, said Nason.

From the article "COVID-19 Spurred AVOD's Growth Amid Flurry of Big Media Plays, Parks Event Told" by Rebecca Day.

Previously In The News

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A separate new study from market-research firm Parks Associates that used different methods and included a much larger sample size came to similar conclusions about consumers’ reaction to AI in pr...

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