Staff Reporters
Nov 16, 2023

71% of TV viewers in Southeast Asia watch ad-supported streaming: Magnite study

TOP OF THE CHARTS: Streaming’s premium environment lifts brand impact and outperforms social media across all points along the purchase decision journey, according to a new report by Magnite.

71% of TV viewers in Southeast Asia watch ad-supported streaming: Magnite study
  • 68% of ad-supported viewers take action after seeing an ad on streaming platforms. 
  • Streaming is winning viewers’ attention over user-generated social video: 92% of ad-supported viewers report being engaged when watching streaming content as compared to 62% of social media users who say user-generated videos on social media don’t hold their attention very long.
  • Ad-supported streaming services deliver scale: 71% of TV viewers in Southeast Asia watch ad-supported streaming, on par with traditional TV viewers.
  • 79% of TV viewers prefer to watch free or reduced-cost content with ads versus 21% who prefer an ad-free experience.
  • Ad-Supported viewers are watching TV content across devices: 67% of ad- supported viewers watch content on a smart TV always/most of the time.
  • 94% of ad-supported streamers in Southeast Asia are more likely to make a purchase from a brand they engaged with across multiple devices (TV, mobile, desktop, etc.)
  • Relevant ad experiences generate better outcomes: 9 in 10 ad-supported streamers are more likely to pay attention to ads that are relevant to their interests.
  • Streaming services move consumers down the purchase funnel: 48% of ad-supported viewers said they made a purchase from an ad they saw on streaming, as compared to 39% of social users who saw an ad within social video.
  • 79% of ad-supported streamers are comfortable providing demographics about themselves if it results in a more relevant ad experience.
 
Methodology
Magnite engaged Harris Interactive to execute an online survey of 6,139 respondents across Southeast Asia, including Singapore, Indonesia, Philippines, Thailand and Vietnam, from September 7 - 19, 2023.

 

Source:
Campaign Asia

Related Articles

Just Published

13 minutes ago

Snapchat nudges US fans to ‘Find Your Favorites on ...

The campaign spotlights personal testimonials from Loren Gray, Avani Gregg and Harry Jowsey.

9 hours ago

WPP boss Mark Read hits back at employee vitriol ...

CEO told Campaign sister title PRWeek that some of the comments being made about his decision to require all employees to work in the office at least four days a week do not reflect the views of many staff.

9 hours ago

Meta’s 'alarming' conduct policy

Meta has redrawn their boundaries of acceptable hate, and LGBTQIA+ people are no longer in the safety zone. Outvertising will no longer be working with them.

14 hours ago

Stagwell to acquire ADK Global

The move marks Stagwell's first acquisition in Asia-Pacific and 12th globally since 2024, onboarding a host of new capabilities, including anime production, global distribution, and localised media expertise worldwide.