The TV screen is becoming a more ubiquitous platform as traditional studios and streaming services experiment with social media giants like TikTok, Instagram, and YouTube.
The decline of cable television has led to a surge in the popularity of microdramas on mobile devices, prompting major networks such as TelevisaUnivision and Telemundo to launch their own original content. Meanwhile, Disney announced its plans to release "microcontent" on Disney+, indicating that social media platforms are expanding into traditional TV screens.
Instagram recently launched an app called "Instagram for TV," allowing users to watch Reels on their televisions, while TikTok previously experimented with a similar concept before disbanding it due to regulatory issues. Pinterest has also acquired a connected TV ad-buying platform, signaling its intentions to shift advertising dollars towards living room viewing.
Research from Parks Associates indicates that social video is now the second most-watched video type on TVs, as younger generations increasingly consume entertainment on their phones. Jennifer Kent, principal analyst at Parks Associates, notes that the creator economy is driving this trend, with traditional media companies partnering with creators to produce premium content.
Kent emphasizes that "lines are blurring all over," as everyone wants to be on both the big screen and social media platforms. She highlights the importance of social video platforms raising expectations for other TV shows and networks to be more interactive and creative in their formats.
However, industry experts Max Willens point out that growing competition and slowing growth rates have made social media platforms sensitive to pressure. According to eMarketer, time spent on social media is flatlining and expected to decline next year.
Willens argues that these platforms face a challenging task in establishing themselves as major players on TV screens, but notes that YouTube has successfully navigated this transition by becoming mobile-first and now dominating TV viewing.
Looking ahead, Willens predicts that both media companies and social platforms will need to adjust their strategies as viewing habits continue to shift. He believes that the key to success lies in understanding what's different about TV consumption and adjusting advertising strategies accordingly.
The decline of cable television has led to a surge in the popularity of microdramas on mobile devices, prompting major networks such as TelevisaUnivision and Telemundo to launch their own original content. Meanwhile, Disney announced its plans to release "microcontent" on Disney+, indicating that social media platforms are expanding into traditional TV screens.
Instagram recently launched an app called "Instagram for TV," allowing users to watch Reels on their televisions, while TikTok previously experimented with a similar concept before disbanding it due to regulatory issues. Pinterest has also acquired a connected TV ad-buying platform, signaling its intentions to shift advertising dollars towards living room viewing.
Research from Parks Associates indicates that social video is now the second most-watched video type on TVs, as younger generations increasingly consume entertainment on their phones. Jennifer Kent, principal analyst at Parks Associates, notes that the creator economy is driving this trend, with traditional media companies partnering with creators to produce premium content.
Kent emphasizes that "lines are blurring all over," as everyone wants to be on both the big screen and social media platforms. She highlights the importance of social video platforms raising expectations for other TV shows and networks to be more interactive and creative in their formats.
However, industry experts Max Willens point out that growing competition and slowing growth rates have made social media platforms sensitive to pressure. According to eMarketer, time spent on social media is flatlining and expected to decline next year.
Willens argues that these platforms face a challenging task in establishing themselves as major players on TV screens, but notes that YouTube has successfully navigated this transition by becoming mobile-first and now dominating TV viewing.
Looking ahead, Willens predicts that both media companies and social platforms will need to adjust their strategies as viewing habits continue to shift. He believes that the key to success lies in understanding what's different about TV consumption and adjusting advertising strategies accordingly.