SpotX Releases New 'Global TV and Video Trends' White Paper
Report Acknowledges Internet Advancements as Biggest Driving Factor of Changes In Consumer Viewing Habits and Growth in Digital TV
DENVER and LONDON, Aug. 16, 2018 /PRNewswire/ -- SpotX, the global video advertising and monetization platform, today released a new white paper exploring the evolution of TV and digital video.
Based on intelligence from select industry reports, the white paper entitled, "Global TV and Video: Five Trends Contributing To The Continued Rise of Digital" concludes that traditional methods of TV viewing remain popular due to television's ability to facilitate a communal experience. Faster internet speeds combined with more connected TV devices, the growth of subscription video on demand (SVOD) platforms like Netflix and Hulu and virtual multichannel video programming distributors (vMVPDs) such as Sling TV and fuboTV, are all helping to create a new post-cable era.
"Although on-demand usage is increasing, linear television remains popular due to the immediacy of traditional live programming. Just think about the massive audiences drawn to the World Cup or the Game of Thrones season finale," said Mike Shehan, co-founder and CEO at SpotX. "As a company, we are heavily focused on live TV in over-the-top (OTT) because of its growing availability across multiple devices which inherently opens up huge opportunities for media owners to earn more revenue and advertisers to reach more consumers."
Other digital TV growth drivers include the rise of skinny bundles from MVPDs via connected TV devices like Roku, Apple TV, and other gaming consoles, which allow audiences to pay only for the TV channels they want to watch. Mobile network speeds are also a factor with predicted spikes in North America of 25.2 Mbps by 2012 and 28.5 Mbps, on average, in Western Europe.
The SpotX white paper reveals a growing appetite for watching TV in general but with wide variations across continents. North Americans consume the most TV with a daily average of four hours and three minutes daily, in comparison to the global average of nearly three hours. Europeans followed at three hours and 49 minutes and Asians watched over an hour less at two hours and 25 minutes.
To download the complete white paper, please visit https://hubs.ly/H0dpPM30.
About SpotX
SpotX is the leading global video advertising platform that enables media owners and publishers to monetize premium content across desktop, mobile and connected TV devices. As a modern ad server with programmatic infrastructure, data enablement, and monetization solutions for OTT, outstream, and addressable TV, SpotX gives media owners and publishers the control, transparency, and actionable insights needed to understand buyer behavior, manage access and pricing, and maximize revenue. SpotX also provides advertisers with a direct pipeline to premium supply and innovative solutions for optimizing media efficiency, reach, and audience targeting. With best-in-class technology purpose-built for video, SpotX's holistic, brand-safe solution is employed by some of the largest media owners and publishers in the world including fuboTV, Microsoft Casual Games, Newsy, Samba TV, Sling TV, Vudu and partners with a variety of different companies within the digital video ecosystem including comScore, DoubleVerify, Integral Ad Science, JW Player, MediaMath, MOAT, Nielsen, Oracle, and more.
Headquartered in Denver, SpotX has nearly 600 employees in 24 offices worldwide including Amsterdam, Hamburg, London, Los Angeles, Milan, New York, Paris, San Francisco, Singapore, Stockholm, Sydney, and Tokyo. In October 2017, RTL Group completed its 100% acquisition of SpotX which is currently combining its business with smartclip, a sister company. Learn more at www.spotx.tv and follow @SpotX on Twitter and LinkedIn.
Media Contacts:
SpotX USA
Tammy Blythe Goodman
[email protected]
SpotX EMEA
Joanna Burton
[email protected]
SpotX JAPAC
Mandy Davenport
[email protected]
SpotX BLX
Cherish Wirabangsa
[email protected]
SOURCE SpotX
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