Mi3 Audio Edition

‘Growing out’ of YouTube: 120,000 long-form TV, movie titles send ad-funded Tubi’s biggest audience – Gen Z and millennials – down retro rabbit holes and ‘vertical fandoms’ - News Australia completes “All Screens” masterplan


Listen Later

Just when you thought the bulging TV, BVOD, streaming and video sector had peaked with too many consumer and advertiser choices, along comes the no-subscription, ad-supported international streamer Tubi with 100 million global  viewers dominated by a younger set binging TV shows like the 30 year-old Friends and creating new genre “rabbit holes” like horror and Bollywood ‘vertical fandoms’.

To boot, half of Tubi’s 1.3 million younger skewing monthly Australian viewers are regularly missing on most of the international streaming and local BVOD services. Seventy per cent of Tubi’s local viewers, for instance, don’t watch 10Play; 59 per cent are not clocking 7Plus and 53 per cent are avoiding Amazon’s Prime juggernaut.

Although it’s commissioning originals globally, mostly to top-up the voracious appetite of the younger set diving into the back catalogues of horror, true crime and old hit shows like Friends, Grey’s Anatomy and Lost, Tubi International’s Executive Vice President and Managing Director, David Salmon, says TV and video are on an “interesting parallel” to music consumption – old is still good and big.

“This idea of recency [new titles] not being the only thing that drives value in a viewer’s mind is similar to music not being defined by the latest album being released,” Salmon says. “Yes, people are viewing new releases but it is not actually driving the bulk of engagement on streaming platforms. Instead it’s evergreen, comfort viewing, nostalgic viewing and deep and narrow interests.”

And it’s a global phenomenon – Salmon cites Digital i’s top 10 most streamed titles across the major global platforms in the second half of 2024 – six of the top ten were “actually more than 20 years old and rather staggeringly it also includes Friends, now more than 30 years old. Consumers are going deeper and going further back and that’s where they’re choosing to spend their time.”

For Pippa Leary, News Australia’s Managing Director & Publisher for Free News and Lifestyle, Tubi completes an  “All Screens, All Day” line-up blending news and lifestyle publishing with video across all day parts and demographics.

Before Tubi’s arrival, the rapidly reinventing news publisher had already created a “small and medium-sized video ecosystem” which topped 1 billion video views from 5 million users – in the past 12 months video views have surged 85 per cent as the publisher cracked how to bring stories across its news and magazine titles together with video to the same user via vertical and shoppable video formats. News’ massive investment in data and segmentation capabilities for full funnel targeting credentials – it has 3000 audience segments across the portfolio – still needed the big TV screen to round it out.

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Mi3 Audio EditionBy Mi3 & iHeart Podcasts Australia


More shows like Mi3 Audio Edition

View all
Mumbrellacast by Mumbrella

Mumbrellacast

1 Listeners

Mamamia Out Loud by Mamamia Podcasts

Mamamia Out Loud

577 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

56 Listeners

Biz by Mamamia Podcasts

Biz

19 Listeners

Squiz Today by Squiz Media

Squiz Today

51 Listeners

The Morning Edition by The Age and Sydney Morning Herald

The Morning Edition

79 Listeners

The Quicky by Mamamia Podcasts

The Quicky

108 Listeners

News Club by The Squiz

News Club

18 Listeners

Uncensored CMO by Jon Evans

Uncensored CMO

33 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

9 Listeners

We Don't Have Time For This by Gemma Peanut & Kate Reeves

We Don't Have Time For This

71 Listeners

Chanticleer by Australian Financial Review

Chanticleer

15 Listeners

The Fin by Australian Financial Review

The Fin

22 Listeners

15 Minutes with the Boss by The Australian Financial Review

15 Minutes with the Boss

9 Listeners

Prof G Markets by Vox Media Podcast Network

Prof G Markets

1,194 Listeners