While the 2021 Oscars awards saw audience declines on traditional linear TV, the news about the annual award show wasn’t all bad. TV streaming audience for the annual celebration of film grew year over year, and award winners and nominees prompted big changes in how Roku users searched for content and talent. In this way, the 2021 Oscars continued a trend that continued from the 2021 Super Bowl, Golden Globes and Grammys: people are shifting their viewing preferences of big, televised events – what the industry sometimes refers to as “tentpoles” – to TV streaming.
Here’s a summary of what we observed about TV streaming audiences for this year’s Oscars. All this data is sourced from the Roku platform and OneView, the ad buying platform built for TV streaming.
From 2020 to 2021 on the Roku platform, reach of streaming channels carrying the Oscars during time of the broadcast increased by 18%.
Watching content and searching for titles and performers on the TV represents a new consumer behavior that’s unique to TV streaming and is ripe for marketers who want to reach their audiences.
The Oscars illustrated this dynamic. User searches provide insights on how marketers can create new engagement opportunities, for example by curating popular titles via Roku’s Brand Experiences. This makes it possible to extend your tentpole activation or begin a new campaign after the show.
Here are the highlights of Roku search before, during and after this year’s Oscars:
The key takeaway from Roku’s OneView ad buying platform: advertiser spend grew faster than availability inventory, proving that marketers are buying TV streaming to associate their brands with major tentpoles.
Once again, users turned to Roku to watch one of their favorite watercooler TV events. If you’d like to reach this growing audience before, during, and after their favorite programs, contact us to get started.