BVOD spend set to increase in 2023 as advertisers ‘follow the audience’: ThinkTV
Despite coming off from a height enabled by the Olympics in 2021, broadcast video-on-demand (BVOD) viewership is set to maintain a growth trend while linear TV’s prominence wanes in 2023, according to a latest fact pack release by ThinkTV.
The fact pack is released twice a year to track the method of consumption in Total TV. In the six months to December 2022, 86.1% of Total TV was viewed through linear TV live, 9.5% through linear TV video-on-demand (VOD), 2.7% through BVOD VOD and 1.7% through BVOD live.
While Australians spent less time watching live linear TV, there was an overall increase in the average monthly hours consumed for BVOD, following a spike triggered by the Olympics in H2 2021.