Key Takeaways
- Global television advertising revenue reached $219.3 billion in 2022
- U.S. pay-TV subscribers numbered 74.1 million in 2022
- Average daily TV viewing time in the U.S. was 2 hours 54 minutes in 2023
- Global film box office revenue was $33.9 billion in 2022
- Hollywood's top 2023 film earned $2.5 billion worldwide
- U.S. domestic box office hit $9 billion in 2023
- Global streaming subscribers reached 1.1 billion in 2022
- Netflix had 238 million paid subscribers in Q1 2024
- U.S. SVOD penetration hit 88% of households in 2023
- Global advertising revenue reached $963 billion in 2023
- Digital ads accounted for 63% of global ad spend in 2023
- U.S. digital ad market: $268 billion in 2023
- Global news media revenue: $300 billion in 2022
- Digital news subs U.S.: 85 million in 2023
- Global magazine revenue: $100 billion 2022
The television industry remains large but is shifting significantly toward streaming and digital advertising.
Advertising
- Global advertising revenue reached $963 billion in 2023
- Digital ads accounted for 63% of global ad spend in 2023
- U.S. digital ad market: $268 billion in 2023
- Social media ads: $207 billion globally 2023
- CTV ad spend U.S.: $30 billion in 2023
- Programmatic ads: 80% of digital display in 2023
- Influencer marketing value: $21 billion globally 2023
- Search ads revenue Google: $175 billion 2023
- Retail media networks: $50 billion U.S. 2023
- Out-of-home ad spend: $30 billion globally 2023
- Meta ad revenue: $131 billion in 2023
- Audio ad market: $50 billion globally 2023
- Native ads share: 60% of display ads 2023
- Affiliate marketing spend: $15 billion U.S. 2023
- Gaming ads revenue: $40 billion 2023
- Email marketing ROI: $42 per $1 spent
- Super Bowl ad cost: $7 million for 30 seconds 2023
- Global TV ad spend: $219 billion 2023 projection
- Print ads decline 10% to $70 billion globally 2023
- Podcast ad revenue U.S.: $2 billion 2023
- DOOH (digital OOH) growth 15% to $25 billion 2023
- Brand safety incidents cost $1 billion annually
- U.S. political ad spend: $14 billion in 2022 midterms
- Connected TV ad growth 25% YoY in 2023
Advertising Interpretation
Film
- Global film box office revenue was $33.9 billion in 2022
- Hollywood's top 2023 film earned $2.5 billion worldwide
- U.S. domestic box office hit $9 billion in 2023
- China's box office revenue reached $7.4 billion in 2022
- Number of films released globally: 12,000 in 2022
- Average film budget for blockbusters: $200 million in 2023
- India's Bollywood produced 1,800 films in 2022
- Global VOD film revenue: $50 billion in 2022
- France's film industry revenue: €1.5 billion box office 2022
- U.S. indie films box office: $1.2 billion in 2023
- Japan's anime films grossed $2 billion globally 2022
- UK film box office: £800 million in 2022
- South Korea film exports: $200 million in 2022
- Global 3D film market: $5 billion revenue 2022
- Number of IMAX screens worldwide: 1,700 in 2023
- Nollywood (Nigeria) produced 2,500 films in 2022
- Australia's film production investment: AUD 1 billion 2022
- Global film piracy losses: $30 billion annually
- Cannes Film Festival attendance: 40,000 in 2023
- Oscar-nominated films average ROI 200%
- Mexico's box office: $1 billion in 2022
- Brazil film market: BRL 2 billion box office 2022
- Global horror film genre revenue: $10 billion 2022
- Female directors in top films: 16% in 2023
- Streaming film views: 4 billion monthly on Netflix 2023
Film Interpretation
Publishing
- Global news media revenue: $300 billion in 2022
- Digital news subs U.S.: 85 million in 2023
- Global magazine revenue: $100 billion 2022
- New York Times digital subs: 10 million 2023
- U.S. book publishing revenue: $28 billion 2022
- Online news traffic: 70% mobile in 2023
- Wall Street Journal subs: 3.8 million 2023
- Global e-book market: $15 billion 2023
- Newspaper ad revenue U.S.: $10 billion 2022
- Audiobook sales U.S.: $1.8 billion 2022
- UK newspaper circulation: 15 million weekly 2023
- Self-publishing titles: 2 million annually
- Podcast listeners U.S.: 42% of population 2023
- Global journalism jobs: 2.7 million 2022
- Washington Post subs: 3 million 2023
- Print book sales U.S.: 767 million units 2022
- News website ad revenue avg: $5 CPM 2023
- Brazil newspaper revenue: BRL 5 billion 2022
- Children's book market: $4 billion U.S. 2022
- Digital news paywall success: 20% conversion 2023
- France magazine market: €4 billion 2022
- U.S. local news outlets: 1,300 newspapers closed since 2005
- Global comic book market: $15 billion 2023
- Guardian digital revenue: £250 million 2023
- India print media ad spend: ₹30,000 crore 2023
Publishing Interpretation
Streaming
- Global streaming subscribers reached 1.1 billion in 2022
- Netflix had 238 million paid subscribers in Q1 2024
- U.S. SVOD penetration hit 88% of households in 2023
- Global OTT revenue: $129 billion in 2023
- Disney+ subscribers: 150 million globally in 2023
- AVOD (ad-supported streaming) grew 20% to $20 billion 2023
- YouTube monthly active users: 2.5 billion in 2023
- Amazon Prime Video: 200 million subscribers 2023
- HBO Max (Max) had 97 million subs in 2023
- Global FAST channels: 1,500 in 2023
- U.S. streaming time share: 37.3% of TV in 2023
- TikTok video views: 1 billion per day in 2023
- Paramount+ subs: 60 million in 2023
- Peacock: 28 million paid subs Q4 2023
- Global live streaming market: $99 billion in 2023
- Hulu subs: 48 million in 2023
- Twitch average concurrent viewers: 2.4 million daily 2023
- Apple TV+ investment: $20 billion content spend planned 2023-2024
- Roku users: 75 million active accounts 2023
- Global SVOD ARPU: $10.50 monthly in 2023
- U.S. password sharing crackdown added 10 million Netflix subs 2023
- China's iQiyi subs: 100 million in 2023
- Spotify video podcasts: 250 million hours monthly 2023
- Global digital video ad spend: $180 billion in 2023
- U.S. ad-supported streaming tiers grew to 50% of subs 2023
Streaming Interpretation
Television
- Global television advertising revenue reached $219.3 billion in 2022
- U.S. pay-TV subscribers numbered 74.1 million in 2022
- Average daily TV viewing time in the U.S. was 2 hours 54 minutes in 2023
- Cable TV penetration in U.S. households fell to 52.9% in 2022
- UK linear TV viewing share dropped to 67% in 2023
- Global TV households reached 1.8 billion in 2022
- U.S. broadcast TV ad spend was $19.5 billion in 2023
- OTT TV viewing accounted for 38.7% of U.S. TV time in 2023
- Japan's TV ad market was ¥2.1 trillion in 2022
- European TV revenue grew 2.5% to €102 billion in 2022
- U.S. TV news viewership averaged 28.2 million nightly in 2023
- Smart TV adoption in U.S. hit 84% of households in 2023
- India's TV ad revenue reached ₹72,500 crore in FY2023
- Local TV stations in U.S. number around 1,700
- TV sports rights spending globally hit $50 billion in 2022
- U.S. Hispanic TV households grew to 20 million in 2022
- Australia's free-to-air TV revenue was AUD 3.4 billion in 2022
- Cord-cutting in U.S. reached 59.6 million households in 2023
- Global TV content production spend was $250 billion in 2022
- Brazil's TV market revenue was BRL 20 billion in 2022
- U.S. late-night TV viewership declined 20% from 2019-2023
- China's TV ad spend grew 5% to RMB 200 billion in 2022
- Public TV funding in Europe was €25 billion in 2022
- U.S. TV upfront ad sales hit $9.2 billion in 2023
- Mexico's TV revenue reached MXN 100 billion in 2022
- TV viewing among 18-34 in U.S. fell to 50 minutes daily in 2023
- Germany's TV market share was 60% of video consumption in 2022
- France's TV ad revenue was €3.8 billion in 2022
- U.S. network TV prime time averaged 5.5 million viewers in 2023
- South Korea's TV exports hit $300 million in 2022
- Global TV ad market projected to grow 4% annually to 2027
- U.S. TV households total 122 million in 2023
Television Interpretation
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