US TV and Connected TV Ad Spending Forecasts H2 2025

Mergers Poised to Shake Up Video Ad Spending

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About This Report
Big media acquisitions and streaming integrations will contribute to consolidation in connected TV (CTV) ad spending.
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Big media mergers and streaming services combining forces could lead to connected TV (CTV) ad budgets becoming more concentrated. On a by-industry basis, automotive and financial services continue to lean harder on traditional TV than CTV, while retail leads ad spending in both channels.

Key Question: How will mergers and streaming service consolidations affect CTV ad revenues?

Key Stat: Hulu’s integration with Disney+ in 2026 could push the combined service’s annual US ad revenues past $3 billion by the end of our forecast period.

Clients can find the full version of this chart later in the report.

authors

Ross Benes

Contributors

Rahul Chadha
Director, Report Editing
Vivian Dong
Forecasting Analyst
Sakina Thanawala
Copy Editor
Matt Torpey
Senior Chart Editor
Emman Velasco
Chart Editor
Max Willens
Yoram Wurmser
Principal Analyst
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