|One big thing|
Mike Shields pokes the box this week – questioning, is CTV big enough? As in most of streaming isn’t ad supported. And that that is, will be eaten up by Disney, Netflix and YouTube. Which is the opposite of how it was with mobile. For years it was going to be the year of mobile, and mobile attention outpaced advertising allocation. Mary Meeker would do her presentation, and yes we were still under. But now we seem to have the opposite.
Whether that is a reality, is hard to know, because measurement of the space is challenged. We also saw Bloomberg this week pull out of open web programmatic. So CTV appears to not be growing and not rushing to programmatic, unlike previous iterations of web advertising. What does this mean? There’s probably going to be a crunch in the space.
The analogy I give, it’s almost like the businesses that pop up surrounding a mall. Not technically part of the mall but benefit from all the traffic to and from the mall. That’s where a lot of these players are aiming, hey you’ve made the decision to buy direct from CTV, why not do some extension over here. And no its not for everyone but it will be enough to sustain some business. IF the measurement challenges can be solved.
The other thing I liked is this BI piece about superstar VC tweets, people freelancing and making good income working with VCs to write witty tweets, I mean why not. This person, writes the tweets, sends via Trelo, and the executive assistants will post them. If it’s a banger, it stays up, if not it gets deleted. The point is that, being relevant on Twitter is worth enough to these VCs to do just this. And I’m sure as a creative, its a fantastic brief.