Netflix targets TV ad market as next sector to disrupt

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 61%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Netflix shares jumped 14% last night after it forecast it would pick up 4.5 million customers in the fourth quarter.

Now, Netflix is gunning for the last reel of the pay TV business - its estimated $153 billion pool of global advertising revenue.

Netflix co-chief executive Reed Hastings said that insight dawned on him after listening recently to former Disney CEO Bob Iger describe traditional TV as marching toward a precipice. "They're just being able to reach fewer people, and the 18-to-49 demographic is declining even faster than the decline in pay TV. So this is what is really fueling the cycle, is that collapse of linear TV as an advertising vehicle."

Eventually, Netflix, now operating in more than 190 countries globally, aims to provide"personalised" advertising, much as it recommends individualised viewing recommendations.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 16. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين