Sunday, October 6, 2024

Top 5 This Week

Related Posts

Magnite Research Reveals Increased Adoption of Streaming Services in Japan Is Driven by Ad-Supported Content

71% of Japanese TV viewers watch ad-supported streaming services

 Magnite , the world’s largest independent sell-side advertising company, unveiled its latest research study “The Rise of Ad-Supported Streaming Services: An In-depth Look at Viewers’ Changing Habits in Japan.” The research finds that in Japan, adoption of streaming services, which includes television content streamed on any device, is driven by the popularity of ad-supported content and that 71% of TV viewers in the country watch ad-supported streaming services.

TV viewers across different formats are embracing the value exchange between advertising and lower-priced access to premium content, with eight in 10 TV viewers indicating that they would choose to watch free or reduced-cost ad-supported content. In addition, 65% of streamers stated they feel it’s unnecessary to pay for an ad-free service when the same content with ads is available for a lesser fee.

“Streaming TV is paving the way toward a transformed television landscape, with ad-supported content continuing to appeal to consumers and propel streaming’s growth in Japan,” said Ken Harada, Managing Director of Japan at Magnite. “Our research shows that streaming content is being consumed across more devices than ever before, unlocking more opportunities for brands to forge greater connections with their desired audiences and boost impact across screens.”

Marketing Technology News: MarTech Interview with Rachel Gantz, Managing Director, Proximic by Comscore

Key findings from Magnite’s study include:

  • Streaming services have become essential to ad-supported viewers in Japan. 72% of this audience consider streaming services a must-have in their household and 44% said they are watching more streaming content than the year prior, compared to 4% who are watching less.
  • The premium, high-quality content that streaming TV delivers engenders greater trust than that of social media platforms. 78% of ad-supported streamers trust the ads they see within TV, compared to 60% of social media users who trust ads they see on social media.
  • Exposure to brands across multiple devices drives purchasing intent. 64% of ad-supported streamers are more likely to make a purchase from a brand that they engaged with across multiple devices.

Marketing Technology News: Ad Ops is Being Reimagined Because of AI

Globe Newswire
Globe Newswirehttps://www.globenewswire.com/
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Popular Articles