Streaming TV is most-watched form of TV in the Nordics

More than three-quarters (78%) of TV viewers in the Nordics are watching streaming TV – television content streamed via the internet on any device – which is now the most-watched form of TV in Denmark, Finland, Norway, and Sweden.

That’s according to a study by adtech company Magnite on the rise of streaming TV in the Nordics. 

Why it matters 

There’s widespread appetite for ad-supported content: 77% overall show an inclination toward such content, while a majority (64%) of streamers who pay for an ad-free experience said they would use a new, free or reduced-cost ad-based streaming service in the future.

Key findings 

• Two-thirds (67%) of those who only watch ad-supported streaming and no other form of TV said they are satisfied with the amount of ads they see.
• Three-quarters (77%) of ad-supported streamers trust ads on TV while only 39% of social media users trust ads on social media. 
• Seven in 10 (72%) ad-supported streamers are more likely to make a purchase from a brand that they have engaged with across multiple devices. 

Key quote

“Ad-supported options will likely be a growth driver of streaming TV in the region as consumers display an acceptance of the value exchange of ads and a preference for ad-supported content” – Natasha Westlund, Head of Nordics at Magnite.

Sourced from Magnite