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: Artificial intelligence began to move from a novelty to a production tool, with 36% of industry firms adopting AI for content personalization and operational efficiency. The Creator Economy
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One of 2023's most significant business trends was the maturation of the Ad-Supported Video on Demand (AVoD) model. Facing market saturation, streaming giants like Netflix and Disney+ aggressively rolled out cheaper, ad-funded tiers. Industry analysts predicted that AVoD would soon overtake SVoD in time spent, a prediction that began to bear fruit in 2023. The market research firm Omdia reported that in the US, highlighting this as a primary new revenue stream. The battle for viewers' wallets and attention was no longer just about content; it was about pricing strategy.
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