Virtual pay-TV (or “vMVPDs”) providers already deliver live, linear and on-demand programming to millions of subscribers, creating a rich new source of targetable premium video ad inventory, often on connected TVs. But virtual pay-TV is itself in a state of flux, with providers revamping packages, evolving their marketing and raising their prices.
At the recent Video Ad Summit we discussed these dynamics on a session I moderated that included Hannah Brown (Chief Strategy Officer, fuboTV), Chris Maccaro (CEO, Beachfront Media), Matt McLeggon (Senior Director, Advanced TV Growth, SpotX) and
Beth Weeks (VP, Director Media, Digitas North America).
Some of the key takeaways included that virtual pay-TV operators are seeking more scale, especially to help educate ad buyers about why the opportunity is compelling (buy side education and overcoming fragmentation was a big theme), how important automation, content discoverability and viewer experiences will be for virtual pay-TV and how linear/sports remain an important part of virtual pay-TV’s appeal.
fuboTV, which started as a niche sports streaming service, but has expanded its scope to become a fully-featured virtual MVPD or “skinny bundle,” announced it is closing in on 250K paid subscribers and also has exceeded $100 million in annualized revenues. The new metrics were part of a broader performance update the company provided yesterday, which also included the following:
Categories: Skinny Bundles
Skinny bundles are a hot topic in the industry as a bona fide alternative to prospective cord-cutters. One of the big benefits of skinny bundles is that they rejuvenate linear TV viewing in the living room, which can be a potentially enormous new source of targetable TV ad inventory.
At our recent VideoNuze Online Video Ad Summit, we dug into this unfolding opportunity on a session with Brendan Canning (SVP and Head of Distribution, Stadium), Samantha Casagrande (Associate Director, Media Investment, Wieden + Kennedy), Andy Hammond (VP, Sales, fuboTV), which I moderated.