After a dip in content spending on acquired TV and online video programs from 2021 to 2022, the global expenditure grew again to around 69.6 billion U.S. dollars in 2023. North American studios invested the highest amount on third-party content, followed by Asia. Meanwhile, original programming spend slowed due to the SAG-AFTRA and WGA strikes in 2023 and efforts of direct-to-consumer businesses to make their services profitable.
Expenditure on acquired TV and online video programming worldwide from 2021 to 2023
(in billion U.S. dollars)
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Television Business International. (October 18, 2023). Expenditure on acquired TV and online video programming worldwide from 2021 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1360249/global-acquired-tv-video-content-spend/
Television Business International. "Expenditure on acquired TV and online video programming worldwide from 2021 to 2023 (in billion U.S. dollars)." Chart. October 18, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1360249/global-acquired-tv-video-content-spend/
Television Business International. (2023). Expenditure on acquired TV and online video programming worldwide from 2021 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1360249/global-acquired-tv-video-content-spend/
Television Business International. "Expenditure on Acquired Tv and Online Video Programming Worldwide from 2021 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Oct 2023, https://www.statista.com/statistics/1360249/global-acquired-tv-video-content-spend/
Television Business International, Expenditure on acquired TV and online video programming worldwide from 2021 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1360249/global-acquired-tv-video-content-spend/ (last visited November 22, 2024)
Expenditure on acquired TV and online video programming worldwide from 2021 to 2023 (in billion U.S. dollars) [Graph], Television Business International, October 18, 2023. [Online]. Available: https://www.statista.com/statistics/1360249/global-acquired-tv-video-content-spend/
