Roku said the dispute is not about money but starts with a demand that Roku manipulate search results to favor YouTube TV. Google also wants access to data otherwise not available.
Founder Jeff Bezos revealed the new figure in announcing the Q1 results, adding that Prime Video streaming hours are up more than 70% year over year.
TV networks were plagued with late starts to the season for many prime-time shows, due to TV production delays. Nielsen data for this measure looked at the September 21, 2020-April 25, 2021 period versus the similar time period the year before.
With Discovery+ and Paramount+ — the last of the major new premium streamers (for the moment, at least) — in the game as of fourth-quarter 2020, total U.S. subscriptions in Q1 rose 24% on a year-over-year basis, and 6% versus Q4, according to Antenna.
If its current growth trajectory continues, YouTube will book between $29 billion and $30 billion in revenue this year. Netflix is expected to report $29.7 billion in revenue for 2021, according to an average of estimates from analysts polled by Refinitiv.
“With the additional capital we now have the ability to invest more aggressively,” Chopra said. “I would expect that streaming content expense and total company expense should be somewhat higher, but very importantly over time.”
Surveying over 1,000 US consumers, the report from IAS demonstrates that YouTube ranks as consumers’ top choice on CTV devices, while indicating new opportunities for digital advertisers to activate brand safety and suitability tools in 2021.
Many European broadcasters, while offering OTT components as a complement to their core businesses, have been slow to adapt when compared to the explosive growth of the US Netflix and lack the resources to rapidly scale like a Disney.
In a 30-minute virtual pitch, the streaming provider noted the median age of its viewers is 39 (compared with 60-plus for the broadcast networks), and they are less tethered to the traditional cord. About 57% of Roku users have no pay-TV subscription, but many of them are willing to pay for SVOD services like Netflix and Disney+.
Nielsen’s data has been criticized by networks and distributors represented by the VAB. The VAB contends that Nielsen is caused under-reporting TV usage because of faulty reporting from homes in the Nielsen sample that Nielsen was unable to verify because Nielsen had to stop doing in-home maintenance while following COVID-19 protocols.