Chalk Up Two Big Votes for FASTs
OEM FASTs Continue to Grow
In our new report, FASTs Are The New Cable, we talk a lot about the growth of the FAST services owned by the various OEMs. They have an advantage in that they are the interface for the TV’s operating system, the default when you turn on the TV. Not only can they promote their own programming that way, but they can personalize the entire interface based on the ACR data they collect.
Which is why it is not the least bit surprising that both Samsung and VIZIO announced major wins for their respective FASTs this week—Samsung TV Plus and VIZIO WatchFree+.
Samsung has reimagined Samsung TV Plus right down to the logo, adding in new originals, new channels, a much expanded VOD library and additional local news and weather coverage.
VIZIO, meanwhile, announced a deal with Scripps that will see four new Scripps channels on WatchFree+ which will bring shows like NCIS, Chicago Fire, Law & Order: SVU, and CSI to the service.
Samsung announced a deal with Scripps too, though the real news here is that Scripps, a major cable player, is following the money and eyeballs and taking its popular dramas to the OEM FASTs.
These moves pick up on two trends we identified in the aforementioned report… [READ MORE]
Netflix Makes A Very Smart Hiring Decision
Two big developments on the ad-supported Netflix front. First off there are the CPMs, which are rumored to be starting at $65 per thousand viewers reached, with a potential bump to $80 once everyone settles in. (Netflix, FWIW, has denied the rumors, claiming everything is still in flux.)
On the hiring front however, things are less in flux as it was announced that Netflix will be hiring two ad veterans, Jeremi Gorman and Peter Naylor. There’s been much nodding of heads on that one, especially (in my circles anyway) around Naylor, who is credited with getting Hulu’s ad business off the ground and turning it into a billion-dollar baby. That's no mean feat at a time when ad-supported streaming was an anomaly, and ad-supported streaming that people paid a subscription fee for even more of one.
Who they are hiring is critical to understanding how seriously Netflix is taking the whole shift to advertising thing… [READ MORE]READ THE FULL WEEK IN REVIEW ON TVREV
Featured Report: FASTs Are The New Cable
The FAST ecosystem is massively confusing, even more so than when we first coined the term “FAST” back in March 2019.
This report is designed to help untangle a lot of that confusion by walking readers through the key issues. There’s also a look at the future of FASTs, and Evan Shapiro’s latest map of the FAST ecosystem, created specially for TVREV.
In addition, you’ll find exclusive one-on-one interviews with key industry thought leaders.
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A Disney “Membership” Program Isn’t Really News
During a slow pre-holiday week, one headline included Disney exploring an “Amazon-like” membership program for discounts and perks. Not to knock the reporting, but the idea is nothing new for Disney. And you could even argue they’ve been in on the loyalty act longer than most. For instance:
Featured
Yes, Netflix was essential when there were only three streaming services available. But there are now nine of them and most have programming that is very similar to Netflix, not to mention deeper libraries. All of this might make spending $15/month for Netflix, whose program quality has been uneven at best, seem like a waste of money.
The ad buyers said they were surprised Netflix would seek such a steep price for ads on an untested platform. However, they said, it isn’t unusual for new entrants in the streaming space to seek high prices and then later negotiate them lower.
Meet The Cord-Cutting Truthers [Next In Marketing]
The media conglomerate is essentially treating basic cable like AOL dialup - we may as well keep it going for as long as there are a few million people still who still haven’t figured out how to get email addresses another way.
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Streaming Wars
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Registered Care Attendant at Logan Manor Assisted Living
2yWhat does FAST stand for?