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Connected TV Ad Spending Small But Seen Growing

Ad spending on connected TVs is modest but expected to increase as viewership rises, a new survey says.

While half of the marketers currently advertising via connected TVs say they’ll raise their spending on the medium, only 43 percent of all marketers said they were very familiar with connected TV, according to the study, conducted by the Association of National Advertisers and BrightLine, which creates digital ads for connected TVs.

More than half of U.S. homes have a connected TV—a screen that plays TV programming and is also connected to the Internet. Viewing on streaming devices grew 380 percent in the first quarter, according to the report.

Read more at our sister site, Broadcasting & Cable.

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