LTN - Leaderboard - 5-10-21

Analysis for 'Wurl'

  • More Proof Points of Connected TV Advertising’s Surge

    Last Thursday’s Q4 and 2020 earnings reports from The Trade Desk and Roku provide further evidence of connected TV advertising’s surge and also viewers’ significant adoption of streaming video. Because the two companies are heavily invested in connected TV advertising and provide lots of thoughtful insights on their earnings calls (transcripts here and here), their results and sentiments are valuable in gauging the state of the market. Together they provide a holistic picture of the market since The Trade Desk operates on the demand side and Roku on the supply side (primarily).

    For some time, The Trade Desk has talked about the rising importance of CTV advertising on its overall business, which continued this quarter with the pandemic accelerating key trends. Founder and CEO Jeff Green said that advertisers’ CTV spending on the platform more than doubled in 2020 (total spend, including CTV, was $4.2 billion with Q4 revenue up 48% to $320 million). Green said “more than 1,000 brands spend at least $100,000 on CTV on our platform” and that “those brands spending more than $1 million on our platform in 2020 more than doubled from a year ago.”

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  • LTN - full banner - 5-10-21
  • Wurl Posts Record Results by Powering Streaming Linear TV Channels to CTVs

    Wurl posted record results in 2020, powering free streaming linear TV channels to a variety of popular connected TVs (what Wurl calls its “Wurl Network”). Wurl launched 539 channels in 2020, including 220 in Q4 alone. It now delivers over 700 channels from approximately 150 different content producers and TV networks.

    Wurl’s channel model demonstrates that despite all of the attention paid to SVOD viewership (e.g. Netflix, Amazon, Disney+, etc.), consumption isn’t monolithic; in fact viewers often still crave free, lean-back, programmed TV experiences where they can press play once and then sit back and enjoy. Industry analysts have sometimes called these channels “virtual linear” or “free ad-supported TV” (FAST).

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  • Extreme Reach - full banner - 4-26-21
  • WURL’s CTV Delivery and Monetization Solution Catches Market’s Tailwinds

    In all the virus craziness of the past few days, I didn’t have an opportunity to share an update on WURL, which last week announced key growth metrics for its first full year of operations. WURL is benefiting from all of the key trends around connected TVs (CTVs), CTV advertising, programmatic, direct-to-consumer and cord-cutting.

    WURL offers a solution to ad-supported video providers and producers to efficiently deliver their live, linear and VOD content onto all of the most popular CTV devices. This is critical because, as has been said a million times in recent years, content providers are not technology companies. With the rare exception of behemoths like Netflix, Disney and Amazon, the vast majority of content providers don’t have the specific technology expertise in-house to navigate each CTV device’s detailed specs for stream formats, close captions, metadata and other things.

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  • Extreme Reach - full banner - 4-26-21
  • Net2TV's Channels Added to ARRIS Set-Tops As Cable Inches Toward OTT Convergence

    Net2TV has announced this morning that its 18 branded OTT programs will be added to ARRIS Market, a platform for cable operators to combine OTT and traditional linear programming. Arris Market was announced this past July, and is powered by Wurl, which offers an API and hosted HTML5 apps. ARRIS has not yet announced any ARRIS Market deployments.

    The significance of the news - and the ARRIS' Market initiative in general - is that cable operators are increasingly being presented with options to incorporate access to OTT content into their overall value proposition. This is an opportunity for operators to capitalize on viewers' ongoing shift from linear TV viewing to OTT viewing.

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  • Connected TV Advertising Summit (VIrtual) full banner
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