Newsletter 22nd of January
NEWSLETTER
22 January 2025
A new year lies ahead, filled with events and news. We’re closely monitoring the media market, with main focus on the Nordics. Here are the main topics for the first newsletter 2025:
- Mediavision’s Industry Outlook 2025
- Netflix kicks off the earnings season by surpassing 300M subscribers
- Tiktok shut down and restored in the US
INDUSTRY OUTLOOK
Mediavision Industry Outlook 2025
For the sixth consecutive year, Mediavision has asked stakeholders in the Nordic media industry to share their view on market development in an online survey. The findings from the survey, combined with our reflections and insights, are presented in Mediavision Industry Outlook 2025. The report is now available to all of you upon request – please send an email to anton.ljung@mediavision.se to get your hands on a copy.
Here are a few takeaways from this year’s edition.
Video: The industry expects growth in SVOD household spending
Focusing on video, most respondents expect household spend on SVOD to increase (compared to ∽30% a year ago). Traditional pay TV spend, on the other hand, is anticipated to decline by ∽80% of all respondents. Despite the predicted decline, traditional pay TV remains the largest media category in terms of household spend in the Nordics in 2024.
By the end of 2024, advertising accounted for approximately 20% of the total Nordic online video revenues. However, with both ad-supported streaming and social video on the rise, this share is expected to increase. The industry expects ads to grow more than consumer spend for online video in the future – over half of respondents believe the ad share will reach 30% by 2027. 28% of respondents believe the ad share will be even larger, at 40%, in 2027, while 11% believe the ad share will remain stable at 20%.
Social media: Uncertainty regarding social media age limits in the Nordics
Video viewing on social media platforms, i.e. social video, has surged in the Nordics in recent years, pushed by younger audiences. As of fall 2024, daily reach of social video averaged 30% across the Nordics, marking a 67% increase compared to fall 2023. Among the 15–24-year-olds, daily reach of social video averaged almost 50% in the Nordics.
In Australia, the Online Safety Amendment Bill 2024 introduced a minimum age of 16 for social media platforms, set to come into force in 2025. Mediavision asked industry stakeholders whether they believe that a similar legislation would be introduced in the Nordics. The result shows a highly divided opinion: ∽40% do not believe in such a law and ∽40% do – the remining share being unsure.
Much more insights are presented in the full report, send an email to anton.ljung@mediavision.se to get your free copy.
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Insight Nordic TV & StreamingThis analysis covers both the TV- and streaming markets in the Nordic countries. It rests on three pillars: the consumers, the market, and the actors. Analyzing the consumers takes us far – but not all the way. Studying the actors and the market as a whole is just as important. |
EARNINGS
Netflix kicks off the earnings season by surpassing 300M subscribers
Yesterday, Netflix kicked off another earnings season. Here are a few of the highlights from the streaming giant’s Q4 report.
- Netflix added 18.9 million customers in the fourth quarter, according to a shareholder letter Tuesday. That is more than double what Wall Street expected and brought global subscribers at Netflix to more than 300 million for the first time.
- Revenue increased 16% YOY in Q4, driven by the great paid memberships add, while operating income rose 52% YOY.
- The Netflix share soared more than 14% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines.
- Netflix also announced it would raise prices on some of tiers in the US, between USD 1 and USD 2 per month.
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Insight Nordic Media & MarketsThis analysis tracks the progress of individual and household payments per service and actor, as well as overall media expenditures. The primary focus is mapping out the allocation of expenditures across audio, video, text, and access. |
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TV4 announces sci-fi drama series
Instagram previews new mobile video editing app
Discovery+ raises US prices
NRK acquires ski rights
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SOCIAL MEDIA
Tiktok shut down and restored in the US
This past week has been hectic for TikTok. Last Friday, the U.S. Supreme Court announced a law banning the video platform. The next day, TikTok was pulled from the App Store and Google Play. Simultaneously, the app stopped working for users in the U.S., who were greeted with an error message upon opening the app. However, by Sunday, the app was up and running again. Users were then greeted with a pop-up message stating: “Welcome back!” followed by, “As a result of President Trump’s efforts, TikTok is back in the U.S.
Shortly after President Trump’s inauguration ceremony on Monday, he signed an executive order extending the deadline for ByteDance to sell TikTok’s U.S. operations, thereby preventing the app’s shutdown for an additional 75 days. According to NBC, the extension does not overturn the law; TikTok must still either find a U.S. company to acquire an 80% stake or face a ban under the law.
Trump stated that he wanted to broker a deal for TikTok that would involve a 50-50 ownership split between ByteDance and the U.S. It remains unclear whether he meant a U.S. company and whether such an agreement would withstand court challenges based on the law’s requirements.
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Insight Ad-funded VideoThis report provides an in-depth analysis of the ad-funded online video market, including video viewing on social media platforms. It offers comprehensive insights and key metrics related to viewing habits, demographics, and the video ad market. |
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Venu Sports is scrapped
Fox is streaming the Super Bowl for free in the US
TV4 changes its news production
Viaplay secures Swedish rights to the Four nations Face-off
TV 2 shuts down two news podcasts |
Mediavision in the News
Marie Nilsson: Med lite tur blir 2025 ett ljust medieår – Dagens Media
Svenske unge tilbringer næsten en time om dagen på at se videoer på sociale medier – Mediawatch
Apparna avslöjar svenskarnas dåliga vanor – Dagens Industri
Research: Half Norwegian households now have streaming bundles via operators – Advanced Television
2025 preview: Who drives scripted commissioning next year? – Nordisk Film & TV Fond
Styrkebesked från svenska strömningsmarknaden – Dagens industri
Report: Ad tiers boost streaming subs in Sweden – Advanced Television
Hvod driver tillväxt på streamingmarknaden – Dagens media
Tiktok störst bland unga – det blir konsekvenserna – Expressen
Stadig flere velger strømming med reklame: – Lar seg ikke skremme – Kampanje
Strømming med reklame fortsetter å vokse kraftig i Norge – KOM24
TikTok has over 1 million daily viewers in Sweden – Broadband TV News
Growth in Sweden for podcasts and streaming – Podnews
Industry Events
* Mediavision will attend
** Mediavision will present