Forrester believes that cable companies should embrace VOD advertising as a competitive weapon against satellite. In a March 2006 survey of ANA members, Forrester found that 80% of respondents had already experimented with VOD ads or had plans to. So what's going on with VOD advertising? Some answers were provided in Comcast's VOD "upfront" on Friday, April 21st at the Museum of Television & Radio in New York - the first event of its kind for VOD advertising.
Comcast is putting up some impressive numbers. In the past year, they have 10 million VOD customers and $1.4 billion in spot advertising. VOD programs have over 2 billion views since 2004. Over 70% of their digital cable customers use VOD monthly, selecting from over 7,000 programs. According to Nielsen, the largest segment consuming Comcast VOD is ages 18-34, with 37% of the segment accessing the programming.
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