There has never been a better time to join the OTT streaming market. According to a report by The Business Research Company, “The global OTT streaming market size will grow from $149.34 billion in 2022 to $171.99 billion in 2023 at a compound annual growth rate (CAGR) of 15.2%.” How much of this are you earning?
CReed Global Media helps you break into and make your mark in this lucrative industry. For creatives looking to monetize your content, there are many obstacles you should expect to face on your journey to the top. According to a 2022 survey of 900 creators, the top 3 challenges were knowing how to monetize content, growing your audience, and finding enough time to manage it all. CReed Global Media tackles all three. We are a single source creative services provider of strategic communication, marketing, media, and CGM TV global streaming television network with Video On-Demand and advertisement revenue. Our team removes the struggle content creators have of monetizing and managing it all, and we provide support along the way.
CGM TV is a 24/7/365 broadcast television network. On the network, audiences can easily find relevant content wherever they are via their laptops, mobile devices and smart tv’s through CReedGlobalMedia.tv, the CGM TV app (available on Google Play, Apple iOS, Roku and Amazon Fire TV) and smart tv apps (preinstalled on smart tv brands like Sony, Samsung, Panasonic, TCL, LG, Sharp and Philips). Not only are millions, potentially billions of viewers at your fingertips, there is an international audience as CReed Global Media continues to expand our global footprint.
You have a variety of monetization models to choose from with CGM TV, including SVOD, AVOD and TVOD where you can make money from day one, instead of painstakingly waiting to accumulate thousands of viewer hours or subscribers before you make money like other platforms. Under SVOD, viewers pay for a yearly subscription for access to a lineup of programming. Under AVOD, content is generally less expensive and includes free options; it generates revenue through ads placed within the content. With TVOD (also called Pay Per View), viewers pay for the specific program they want, for a specific time, without any kind of commitment.
The models are more straightforward than other pay structures, like YouTube and Facebook’s, where you must be eligible for monetization. On YouTube, you must have 1,000 subscribers and 4,000 watch hours within the last 12 months, otherwise you are demonetized.
Through CGM TV, you are able to view detailed analytics reports, enabling you to see viewing habits, audience engagement, and what type of content grows your audience versus what doesn’t. Refining content to the preferences of the viewers leads to maximum monetization and the ability to experiment successfully with new and different content.
CReed Global Media brings more than 75 years of experience in a variety of areas in film and television, meaning CGM can also collaborate to produce and distribute movies, shows, documentaries, podcasts and live streams. Creatives can take advantage of our production services to better focus on other time-sensitive aspects of making content. For even more assistance, CReed Global Media also offers marketing services and implementation of a marketing strategy to increase brand awareness. Contact CReed Global Media at info@CReedGlobalMedia.com or click here to learn more!