Digital Video Forecast and Trends Q3 2023

Strikes Shut Hollywood Down, Streamers Raise Prices to Push Ads, and Ad Prices Coalesce

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About This Report
Netflix’s advertising strategy is evolving as streaming services raise subscription prices to sway users to ad-supported tiers.
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Strikes shut down Hollywood and streaming services across the board raised prices this quarter to push users to more lucrative ad-supported tiers. Meanwhile, streaming ad prices coalesced around $30 to $40 costs per thousand (CPMs), and Netflix reworked its ad sales partnership.

Key Question: What forecasts, data, and trends emerged about video and TV in Q3 2023?

KEY STAT: We forecast Netflix’s average US CPM will be $47 in Q4 2023.

authors

Ross Benes

Contributors

Oscar Bruce Jr.
Senior Forecasting Analyst
Paul Verna
Principal Analyst
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Digital Video Forecast and Trends Q3 2023