September 4, 2019
2:00PM EDT
The emergence of new and innovative entertainment channels—e.g., 100s of cable channels; streaming tv, movie, and music platforms; podcasts; video games—has created both opportunities and challenges for brands. On the one hand, it has become easier for brands to target advertising to consumers based on their choice of entertainment channel/platform. On the other hand, consumers have more entertainment choices making them less loyal to any specific channel/platform and more demanding in what they will endure in terms of advertising.
Our 2019 media study will explore how consumers are willing to engage with advertising in this new media world. We will consider the attitudes and behaviors of generational segments related to: cable tv; streaming tv, movie, and music platforms; podcasts; video games and virtual reality entertainment; large screen movies. Below are several topics we are including in this study:
- Tiered pricing for platform: Are some segments more willing to pay a premium to forego advertising on streaming platforms—both music and video/tv streaming platforms?
- In-content advertising: How do consumers feel about advertising embedded in entertainment content (e.g., in shows, video games, etc.)?
- Platform-specific ad: what type of advertising are consumers willing to engage with in various platforms?
- Content curation: How do consumers discover and keep up with content (very important for content-creating members)
- Audio ad spend: Does growth in podcast/streaming music suggest a need for greater audio ad spend?
- Variation across device type: How does consumer preference for content vary across device (e.g. watching shows on phone vs laptop vs smart tv vs regular tv)