Advertising Association/WARC Expenditure report forecasted a £9.7bn spend for Q2 following Men’s Euros and snap General Election, with FY 2024 forecast up 7.7% to £39.4bn.
Ampere Analysis reported that, while more households are adopting SVOD services, they are not necessarily increasing the number of services they subscribe to.
The report, produced by Facundo Engel, Media Analyst at BB Media, delves into online content consumption, the reasons non-users reject these offerings, and how the platforms respond to this scenario.
The company reported financial results for Q2 of 2024, where the streaming service delivered the best year-over-year improvement for any quarter since its launch in 2020.