Global gross cash spend on production and licensing of new content for streaming platforms leapt 16.4% in 2020, to hit a new high of $220.2 billion, according to a report from U.K.-based research and analytical service Purely Streamonomics. The report also projects that global spending will exceed $250 billion this year.
Source: Video Insider: Global Streaming Content Spending Leapt 16% to $220B+ In 2020, Disney Led At $28.6B