Ad-Supported Streaming Takes Over?
FAST, SVOD and AVOD are all different ways to bring programming to viewers with different costs to the viewer. All delivered over the internet, FAST is a service that unites live, linear TV with a VOD service whereas AVOD only has video on demand. Both FAST and AVOD are free to watch thanks to adverts whereas SVOD is usually advert-free as this is subscriber VOD where you pay monthly. This video from Streaming Media discusses the rise of FAST and its importance in the market.
‘Is niche content key?’ asks moderator Chris Pfaff to Damian Pelliccione from Revry. Damian distances his service from niche as it serves the over 5% of the US population who identify as LGBTQ+ or similar, Despite not being niche, in common with niche channels, Revry’s content is not typically provided by the mainstream and has a very deep meaning to those watching. because they are working with an underserved demographic, they feel FAST is much more appropriate than SVOD as equal access is important. However, Damian is at pains to point out that, in reality, the service is a ‘tribrid’ of FAST, AVOD and SVOD. Revry’s marketing has moved to buying hero units to position itself on smart TVs and STBs in pole position and also aligning its brand outside of the streaming market such as associating with pride festivals. One advantage of FAST is the cost of user is far lower than SVOD which can be in the realms of $9 per user.
