Note To Netflix: "Embrace The Change"?

Note To Netflix: "Embrace The Change"

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1. Ad-Supported Netflix May Launch This Year

While most of the industry took Netflix’s announcement to start up an ad-supported tier as an “at some point” type announcement, an article in the New York Times this week seemed to indicate that Netflix may be looking to launch their ad business much sooner...?possibly by the end of this year, with help from The Trade Desk.

Netflix has the potential to really shake up the CTV ad market due to its size, its perceived prestige and the perceived strength of its data.

Rather than outsource the advertising as if it was some necessary-but-unpleasant task like janitorial services, there’s a real opportunity to take the lead and remake CTV advertising, or at least portions of it…?[READ MORE]

2. Chicken Soup For The Soul Buys Redbox

In one of the more interesting mergers this year, Chicken Soup For The Soul —?the company that owns CracklePlus (among other streaming platforms) — bought Redbox, the kiosk-based DVD-rental company that has also launched its own FAST service.

The result will be a very robust independent FAST consortium with a variety of offerings that can cater to a range of consumer moods and tastes, while providing much-needed ad inventory—and data—for the CTV ecosystem…[READ MORE]

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Exclusive TVREV-hosted sessions on the future of FASTs, getting TV ad people and digital ad people on the same CTV page and more.?Sponsored by?MadHive

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Featured Report:?The IRIS_ID—Making CTV More Transparent For Buyers And Sellers

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In the absence of a safe and secure way to share metadata around their shows, CTV publishers have largely opted not to do so. As a result, brands rarely have insight into where their ads run, let alone whether the environment was brand-safe or contextually relevant. As more eyeballs shift to CTV, this presents a major problem.

This report examines how?IRIS_ID?solves for this by creating uniformity for content-based metadata across multiple publishers, and how third parties are using it to holistically plan, target, verify and measure campaigns.?

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Hey, Netflix, Lionsgate’s Jon Feltheimer Still Has A Deal You Should Take, And It Beats Advertising?—?David Bloom

While Feltheimer’s proposal would certainly be very good for Lionsgate, it and other deals like it also might be a better way out of Netflix’s challenges than trying to build a whole new ad-based product over the next couple of years.?READ MORE...?

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From Cheddar TV: Movie Theaters Hope to Capitalize on Netflix Subscriber Loss?—?TVREV

TVREV Co-Founder and Lead Analyst Alan Wolk debunks yet again the myth that Netflix had suffered “massive” subscriber losses and notes about how movie theater chains need to reclaim their role as a destination and gathering place by improving their product.?READ MORE...?

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Understanding Audiences Is The Key To Reaching Them?-?Alan Wolk

An interview with Samsung Ads' Justin Evans on how data is critical to finding and reaching audiences, an excerpt from our latest?Special Report: Proving The Point: Case Studies That Prove The Power Of The New Smart TV Ecosystem.?READ MORE...


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NEWS YOU CAN USE

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What Does ESPN Need To Be?

Disney’s earnings honed in on streaming, as expected, but also the?future of ESPN and ESPN+. CEO Bob Chapek sees ESPN being “the ultimate fan offering,” yet the sports giant is at a crossroads, making it a tougher sell than it used to be.

  • Politics have?increasingly permeated ESPN’s walls, leading some to seek out alternatives (like Barstool Sports) for sports coverage.
  • While ESPN has been a catch-all for sports fans, viewing has also become more tribal, with fans identifying most closely with their specific teams, which means RSNs, not ESPN.
  • That puts ESPN in a difficult spot streaming-wise: Do they tailor the app experience to a national view of sports, or a decentralized and customized experience? (the latter of which is not how they’ve delivered content to-date)

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Netflix: Separating The Myth From The Reality?[Forbes]

There are only so many people who want a $15/month subscription pay TV service, no matter how awesome it is. Right now, Netflix is in around two-thirds of all U.S. homes. That number may go a little higher, but not much. As per Pew Research, only 85% of U.S. adults own a smartphone, so why would we think that Netflix would be able to rival or surpass that number

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Demand-Side Platforms Stand To Play A More Important Role In The Ad-Supported Streaming Market?[Digiday]

Of all the battlegrounds in the ad-supported streaming war, the front featuring demand-side platforms may be among the most under-the-radar — and potentially among the most impactful. Given that programmatic will play an increasingly important part in the streaming side of this year’s upfront negotiations, the DSP as advertisers’ programmatic buying tool stands to take on an even more critical role in the streaming ad market.?

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Netflix Tells Employees Ads May Come by the End of 2022?[New York Times]

In a note to employees, Netflix executives invoked their competitors, saying HBO and Hulu have been able to “maintain strong brands while offering an ad-supported service.” “Every major streaming company excluding Apple has or has announced an ad-supported service,” the note said. “For good reason, people want lower-priced options.”

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Mario L. Castellanos

Conversation - the clearest path to opportunity. Let's have one. ??

2 年

I find it very surprising Netflix waited this long. I assume they have because they assumed it would seem like a lack of confidence in their current business model.

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