There’s a new hot buzzword in the streaming video business — it’s spelled f-r-e-e.
While Netflix is reeling over subscriber losses due to increased competition and consumer sensitivity to inflation, free, ad-supported streaming services are on the rise, offering thousands of programs and films in every genre and hundreds of channels at no cost.
The two largest players — Paramount Global’s Pluto TV and Fox Corp.’s Tubi — were prominently featured at their parent companies’ upfront presentations for advertisers held last week in New York. The media companies will be selling ad time for their services with their other networks.
