Warner Bros. Discovery (WBD) posted rocky Q3 results, with US ad revenues falling 16% YoY to $1.4 billion, largely attributed to linear TV audience declines. WBD’s current ad struggles indicate that significant changes are ahead—but regardless of whether WBD splits or sells, the shift will inevitably deliver greater value to advertisers.
Media effectiveness platform DoubleVerify rolled out streaming TV products on Thursday designed to improve transparency and advertising quality in connected TV (CTV). DV’s new tools offer hope to marketers who are relying on CTV more amid shifting viewing habits but who struggle with placement and measurement.
Direct-to-consumer TV advertising doubled the collective sales of many of the largest pharma TV advertisers across the last three years, per a recent analysis by VAB. Big Pharma’s large TV ad budgets are still paying off despite the industry-wide shift towards digital. The VAB findings highlight TV’s ability to generate brand awareness that also fuels downstream digital engagement.
Netflix and iHeartMedia are discussing a deal that would allow the popular streaming platform to license iHeartMedia’s video podcasts, shortly after Netflix inked a similar deal with Spotify, per Bloomberg. An expanded video podcast portfolio will unlock new opportunities for marketers if Netflix chooses to sell ad space on podcast content.
StackAdapt is overhauling programmatic out-of-home advertising with tools that let buyers see exactly where their ads will appear. The new platform experience includes real-world map views, screen previews, and venue-level pricing, solving one of OOH’s biggest pain points: visibility. VP of Inventory Development Gregory Joseph said the update responds directly to advertiser demand for proof of placement and transparency. As agencies push for unified reporting across CTV, mobile, and OOH, StackAdapt’s approach gives digital buyers the data and validation they expect. For advertisers, it marks a turning point—OOH can finally be planned, measured, and optimized alongside digital media.
Sell-side company Magnite announced a private marketplace in collaboration with ITN on Thursday that will enable programmatic access to local linear TV, representing a new milestone in linear. The private marketplace represents a new opportunity in linear that helps reignite its relevance for brands. Automation helps modernize linear programmatic advertising, delivering the same efficiency capabilities that are standard in digital.
Netflix is reportedly exploring an acquisition of Warner Bros. Discovery (WBD)’s studio and streaming operations—its boldest move yet to consolidate the streaming market. The deal would include HBO, Warner Bros. Pictures, and HBO Max but exclude cable properties. For Netflix, the acquisition would supercharge its ad-supported tier with premium, long-tail content, expanding both viewership and inventory. The potential combination of HBO’s prestige programming and Netflix’s data-driven ad platform could redefine connected TV advertising, pressuring rivals like Disney+ and Peacock. If successful, the merger would mark streaming’s biggest consolidation since Amazon’s MGM purchase—and a new era for premium video.
Amazon is continuing to see success with its maturing ad offerings. Q3 advertising services reached $17.7 billion, up 24% YoY, while net sales increased 13% to $180.2 billion. Q4 guidance points to continued confidence, with Amazon expecting growth between 10% and 13% YoY. Amazon’s ad success indicates that it will continue to be a promising opportunity for marketers that offers a unique proposition combining data-driven targeting, commerce integration, innovative ad formats, and the ability to reach consumers both onsite and offsite.
At the Marketecture conference, MiQ’s global VP of strategy and partnerships, Moe Chughtai, said advertisers are finally connecting platforms like Meta, YouTube, and TV through clean room technologies that enable unified measurement. Traditional marketing mix models are being replaced by one- to three-month measurement cycles that allow for real-time optimization and smarter KPI alignment. The result: advertisers can move beyond isolated reporting and toward integrated, cross-platform performance strategies that strengthen confidence in ROI.
Meta posted $51.24 billion in Q3 revenue, up 24% YoY, with Instagram driving the bulk of growth as Reels, AI discovery, and cross-device formats redefine engagement. Reels now account for half of all Instagram time spent, while Meta’s upcoming CTV app positions it to compete directly with YouTube. Facebook’s US user base remains stable near 181 million, but Instagram’s will climb to nearly 170 million by 2029. For advertisers, Meta’s evolution marks a shift from scale to yield—emphasizing creative iteration, storytelling, and AI-powered optimization across its maturing social and video platforms.
Paramount+ is entering a new stage—less about rapid subscriber growth and more about profitability. We forecast US monthly viewers will rise to 103.5 million by 2029, but subscription revenue growth will decelerate to 6.4% by 2026. Advertising, however, is on the upswing, with revenues expected to hit $611.5 million by 2027 as hybrid tiers gain traction. Yet the departure of Taylor Sheridan, the creative force behind Yellowstone and Tulsa King, leaves a gap in Paramount’s prestige pipeline.
Streaming ad revenues continued a growth trajectory in Q3 while national linear TV spend shrunk, per a recent MoffetNathanson Research forecast. A successful advertising strategy will understand the increasing need to invest in cross-platform campaigns in the digital age.
The connected TV (CTV) landscape is evolving rapidly from an exclusive channel to a democratized medium that drives action for brands of all sizes. In a conversation with EMARKETER, Mike Laband, group SVP of revenue at Magnite, shared his insights on democratization, how Magnite is investing in innovation, and where CTV ad formats are headed. Marketers who ride the wave of CTV innovation will be best positioned to succeed as the medium becomes heavily saturated with ads.
The NBA is experiencing one of its biggest advertising booms in decades following a record $76 billion media rights deal with Disney, NBC, and Amazon. Ad spend on NBA programming jumped 15% last season to $1.52 billion, with NBCUniversal selling out its first-year inventory after returning to coverage for the first time in 23 years. ESPN, ABC, and Prime Video are also thriving—drawing hundreds of advertisers across broadcast and streaming. Amazon is fusing ecommerce and live sports with shoppable ad formats, while NBC and Disney leverage cross-platform studio content. The result: the NBA is redefining what live sports monetization looks like.
Taboola and Paramount Advertising announced a partnership Wednesday, launching a “Performance Multiplier” tool that enables small- and mid-sized businesses (SMBs) to extend connected TV (CTV) ad opportunities to the open web. Small-budget brands can now use CTV the way big advertisers do, reaching new audiences through streaming ads that spark awareness at the top of the funnel and drive measurable bottom-funnel results online.
Netflix reported a strong Q3 on Tuesday, increasing revenues 17.2% YoY, in line with the forecast issued in Q2. The company stated that it is on track to double its ad revenues in 2025, claiming Q3 was its strongest quarter yet for ad sales—proving that momentum is largely being driven by Netflix’s maturing ad offerings. Marketers can capitalize on audience appetite for ad-supported tiers, but should focus their investment in platforms with proven results as less dominant connected TV (CTV) providers are likely to struggle in Q3 and beyond.
Warner Bros. Discovery (WBD) is publicly considering a sale after receiving acquisition interest from several buyers, the company announced Tuesday. WBD’s change in attitude could have significant implications for marketers by increasing audience reach and unlocking diversified ad inventory across popular IPs.
Apple TV and NBCUniversal’s Peacock are partnering to offer a streaming bundle for $15 per month starting Monday. The new bundle provides potential for advertisers who have been hesitant to invest in Apple TV and Peacock respectively because of a lack of proven results.
Interactivity is becoming a key driver of growth for connected TV (CTV) advertising as the format evolves alongside shifting audience preferences. Marketers must recognize that interactivity will become a strategic advantage in CTV advertising as streaming platforms are inundated with standard formats that risk ad fatigue and viewers begin to “expect all ads to be interactive in some way.”
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