CONNECTKI ADTECH COMPANY’s Post

🚀 𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗦𝘁𝗿𝗲𝗮𝗺𝗶𝗻𝗴: 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗔𝗱𝘀, 𝗮𝗻𝗱 𝗦𝗺𝗮𝗿𝘁 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 The streaming landscape is transforming at lightning speed! Dive into the latest revelations from Antenna's 2024 State of Subscriptions report: 📈 The SVOD market surged by 10.2% YoY in 2024. 🏆 Netflix is dominating with the highest number of new subscribers. 📊 Ad-supported tiers now make up 38% of all subscriptions. 🔗 Bundles are proving effective with 2-6% lower churn rates. 💵 A whopping 65% of Q1 2024 sign-ups are at full price. 📅 Annual plans are showing promising growth potential. 💸 Price hikes? So far, so good. It is interesting noting that the share of ad-supported SVOD subscriptions has grown significantly over the past two years: - In Q1 2022, ad-supported subscriptions accounted for 28% of total SVOD subscriptions. - By Q1 2024, the share of ad-supported subscriptions had increased to 38% - a 10 percentage point increase over the 2-year period. Furthermore, the reports note that for the first time, over 50% of gross adds in Q4 2023 and Q1 2024 were to ad-supported tiers, indicating the rapidly growing prominence of these ad-supported offerings. How are you navigating the streaming wave? Are you bundling, choosing ad-free options, or leveraging annual plans? #svod #Streaming #ctvadvertising #avod #connectki #ottadvertising

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