Canoe Reports 17% Increase in Ads Served in VOD Shows
Canoe, the ad tech company owned by the top cable operators, said that it served commercials resulting in more than 6.2 billion impressions in on-demand programming in the third quarter.
So far this year, impressions are up 17%.
Digital and IP based devices now account for about 25% of the impressions. The other 75% are delivered via traditional QAM-based cable boxes.
The bulk of the impressions—81% are being bought by advertisers, while 19% are being used for TV network tune in spots. Of the ads bought by marketers, 90% were sold through direct sales teams, with 10% going through private marketplaces.
Canoe says ad load remain low during VOD programming, with an average of four ads appearing in mid-roll pods. Repetition of ads, a problem with VOD, is less of an issue with 72% of consumers seeing ads only once per episode.
Broadcasting & Cable Newsletter
The smarter way to stay on top of broadcasting and cable industry. Sign up below
Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.