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CTV Advertising Not Keeping Pace With Viewers: Innovid

Although a new report from the IAB shows healthy growth in CTV ad spend, that growth is not keeping pace with the attention viewers are giving CTV. Data from Innovid shows time spent per day streaming projected to grow 5% between 2022 and 2026; ad spend is projected to grow 2% over the same period. Nevertheless, the 108 million viewers for the Netflix stream of the Tyson-Paul fight suggests linear TV’s major stronghold on live sports may have been breached.