As Hollywood’s actors’ and writers’ strikes continue without any signs of letting up, media agencies and experts expect the impact to be felt across retail media, influencer marketing and connected TV inventory.
The ongoing labor disputes, which started in May, mean fewer new scripted shows and other content are coming out of the studios. Some think this could be a boon to reality television, reruns and influencer-generated content. And some areas of CTV inventory might not be impacted, given the streaming services’ growing use of content from other countries — “Squid Game,” anyone? — while other types of content face greater uncertainty.
That uncertainty has led to a weaker video upfront, as media agencies say the major advertisers are currently on the sidelines or “holding off” on big spending commitments, said Matthew Kramer, head of advanced TV strategy at Media.Monks.
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