Consumers across the U.K. had nearly 50 million SVOD subscriptions in 2022, according to data from the British Association for Screen Entertainment (BASE), which valued the sector at £3.8 billion ($4.7 billion), a 17.6 percent year-on-year gain.
Increased demand for high-definition, spatial and immersive audio, coupled with greater personalisation, were identified as the leading future trends for the audio industry at a gathering of industry experts in London.
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