The TV & Video Advertising segment is split into two sectors: Traditional TV Advertising and Digital Video Advertising.
Traditional TV Advertising considers non-digital formats and excludes all forms of online TV advertising. In detail, Traditional TV Advertising includes all ad spending for moving image formats broadcasted over traditional transmission channels, such as terrestrial and digital terrestrial (DTTV, DTT, DTTB) TV, Cable TV, Satellite TV, and linear TV delivered over Internet Protocol networks (IPTV). This segment covers all ad spending for pay-TV operators and networks as well as free-to-air networks and free-to-air spin-off digital channels from terrestrial network operators. However, this sector does not include online TV advertising (e.g., ad spending for TV viewed online that is delivered by traditional broadcasters via their websites). The distribution of advertising time in television programs is either carried out by the broadcasters themselves or by marketing agencies.
Digital Video Advertising considers all ad formats within webpage based videos, app-based video players (which can also be delivered over TV viewed online via any internet-enabled streaming device) social media networks or social media apps.These formats are typically video ads that appear before, during, or after the streamed video (pre-roll, mid-roll, post-roll video ads). In addition to these video ads, text- or image-based overlays that appear while watching a video are also categorized as Digital Video Advertising.
Videos that seamlessly match the form and function of the environment (e.g., news websites, video platforms) in which they appear (so-called native advertising) are also included within Digital Video Advertising.
Video ads on a page (that is not in a video player) are categorized as rich media banner advertisements.
Figures are based on net revenues and exclude agency commissions, rebates and production costs.
