YouTube reaches record 15.8% of US TV share as $12bn in political ad spending drives up CTV prices
TLDR
YouTube's record 15.8% share of US TV time and $12bn in midterm political ad spending are pushing up connected TV costs, displacing regional brands from local broadcast.
PPC Land reports that YouTube has captured a record 15.8% of US television viewing time in August, according to Nielsen's latest Gauge. The surge in political advertising spending — hitting $12bn ahead of the November midterms — is driving connected TV prices to $43, effectively pricing regional brands out of local TV inventory.
