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Business
Jon Lafayette

Magna Forecasts Long-Form National Video Revenue Will Dip 1% in 2023

A stack of money

Cross-platform national long-form video advertising is expected to grow 1% to $43.8 billion in 2023, according to a new forecast from media agency Magna.

Magna predicted the organic growth of streaming — both ad-supported video on demand and free ad-supported streaming television (FAST) channels — growing by 21.2%, nearly offsetting the organic decline and weaker pricing of linear ad sales. 

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