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Wurl Touts Banner Year as 2020 Viewing and Advertising Monetization Metrics for Streaming TV Grow Aggressively
Thursday, February 25, 2021
Video Producers Flock to Wurl Network for Unmatched Ad Revenue, Pushing Channel Count to More Than 700
PALO ALTO, Calif., Feb. 17, 2021 /PRNewswire/ -- Wurl, the leading provider of streaming video distribution and advertising services for connected TV (CTV), today announced that its growth continued to accelerate through Q4 of 2020, wrapping up an exceptional year for the company. Consequently, Wurl Network customers experienced record advertising revenue gains in 2020 as they launched hundreds of new channels across a growing roster of global video service platforms.
Key distribution and monetization metrics across the Wurl Network increased steadily through the last quarter of 2020, driving extraordinary year-over-year growth:
-- More Viewers: Wurl produced a record increase in monthly active viewers
in 2020, growing 216% over 2019.
-- More Hours of Viewing (HOV): Viewers watched more content from Wurl
Network producers during each quarter in 2020. HOV increased 145% in Q4
2020 over the same quarter in 2019. From 2019 to 2020, total annual
hours of viewing increased 104%.
-- More Ad Impressions: Propelled by increased demand for CTV ad inventory,
ad impressions on the Wurl Network increased 357% in Q4 2020 compared to
Q4 2019. Total annual ad impressions were up 332% in 2020 over 2019's
total.
-- Growing Video Publisher Revenue: One year after launching AdPool, Wurl
has grown its CTV advertising marketplace substantially, with AdPool
revenue for video producers increasing 645% during 2020.
-- More Channel Launches: Wurl added 220 channels to its network during Q4
2020 and launched 539 channels throughout 2020 across new and existing
streaming services and global regions. This remarkable growth pushed the
network's total channel count to more than 700 channels.
-- Global Growth: The Wurl Network continued to expand internationally in
2020 with service launches in Latin America and Asia Pacific, AdPool
expansion into Europe and 78 new studios added to the Wurl Network
around the world.
"Wurl's growth is a testament to the increasing popularity of connected TV viewing, the strength of the free ad-supported streaming TV model and the outstanding support of the team at Wurl," said Mike O'Donnell, Chief Revenue Officer, Platform Business at VIZIO.
"As the fastest growing CTV network over the past 12 months - in terms of both distribution and monetization - the success of the Wurl Network has proven the appeal and viability of ad-supported linear streaming," said Wurl CEO, Sean Doherty. "With our expanding reach and unmatched ability to generate revenue for our customers, we expect top-tier studios from around the world to continue to turn to Wurl as their streaming TV partner."
For more information about Wurl, please visit wurl.com or follow the company on Twitter and LinkedIn.
About Wurl
Wurl operates the market-leading Wurl Network, interconnecting over 700 streaming channels from the world's top video producers with the top video distribution services in 15 countries. The Wurl Network helps leading studios such as A+E Networks, AMC Networks, Bloomberg and Reuters, deliver content to the biggest video services, including Amazon IMDb TV, Roku, Samsung TV Plus, Sling, Twitch and VIZIO, while maximizing monetization. Reaching over 200 million connected TVs around the globe, Wurl makes it effortless for video producers to build and track global distribution for branded linear channels, live events and on-demand programming, and to manage and monetize their ad inventory. Wurl is headquartered in Palo Alto, California. For more information, visit wurl.com.
Media Contact:
Tracey Sheehy, Breakaway Communications for Wurl
wurlpr@breakawaycom.com
908.705.4596
View original content to download multimedia:http://www.prnewswire.com/news-releases/wurl-touts-banner-year-as-2020-viewing-and-advertising-monetization-metrics-for-streaming-tv-grow-aggressively-301229983.html
SOURCE Wurl
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