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USA: Roku to retain CTV advertising dominance 16 SEP 2024

Forecasts

USA: Roku to retain CTV advertising dominance

A research by Omdia showed the company’s dominance is forecasted to double by 2029 compared to 2024 levels, while Samsung, second-largest player, is also anticipated to see substantial growth.
Roku’s streaming reach increased 100% during the Olympics 2 SEP 2024

Production

Roku’s streaming reach increased 100% during the Olympics

Roku Advertising also reported traditional linear TV households spent over 17 hours on average watching the Paris 2024 Olympics, nearly double the time spent on the Tokyo 2021 Olympics.
MAVTV launched ad-supported motorsports streaming service 19 AUG 2024

Streaming

MAVTV launched ad-supported motorsports streaming service

Initially, MAVTV GO is available on iOS and connected TV devices including Apple TV, Amazon Fire TV and Roku, as well as through the website.
Roku’s revenue grew 14% in Q2 2024 2 AUG 2024

Production

Roku’s revenue grew 14% in Q2 2024

The streamer announced a 2% drop in operating expenses and a 39% increase in devices revenue, which led to a total revenue of $968.2 million.
FAST platforms ad spend market share decreased 64% globally 26 JUL 2024

Trends

FAST platforms ad spend market share decreased 64% globally

A research by Pixalate revealed that Samsung Smart TV was the only CTV platform to see higher Invalid Traffic (IVT) rate on FAST apps vs. non-FAST apps; Ad spend SOV declined across Roku, Amazon Fire TV, Samsung Smart TV and Apple TV (-44%).