The IAB NewFronts kick off today—the digital counterpart to the TV upfronts, where streaming companies, publishers, social media companies, and more will pitch advertisers on their digital video offerings for the year. There are two big ad categories to watch this time around: connected TV (CTV) and social media, both of which are rapidly growing and have seen a lot of new ad products released over the past year. Below is a breakdown of the who, what, when, and why—as for the where, it’s all online and remote this year.
CTV
- When and who: The schedule is front-loaded with major CTV players: Roku, Samsung Ads, and NewFronts newcomer Amazon are all set to present today. Ad-supported streamers with a lot of CTV inventory like Tubi and fuboTV are also slated for today, and YouTube will present first thing tomorrow morning.
- Why it matters: CTV will be a top-priority venue for advertisers this year, with over half (54%) of US digital media professionals naming it a leading priority for 2021, per an October 2020 survey by Integral Ad Science. We estimate that US CTV ad spend will grow even faster this year than last, up 48.6% year over year (YoY) to $13.41 billion.
- What to look out for: Roku is first up today. The company has been busy in the past year, snagging the rights to Quibi’s original content library, launching a branded content studio, and acquiring a piece of Nielsen’s business, so its presentation is likely to be packed to the brim. Amazon has a lot of catching up to do with Roku, but it’s also been rapidly building out its ad offerings on Fire TV and its ad-supported streamer IMDb TV.
- On the streamer side, YouTube was the largest CTV ad seller in the US last year, and we expect more viewing on the platform to shift to CTV screens in the future. Marketers should keep an eye on its Tuesday presentation, if only for insight into how the company is approaching the biggest connected screen in the home.
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May 03, 2021 at 12:50PM
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Watch for CTV and social platforms at this week's NewFronts - eMarketer
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