Nov 5 - Netflix ( NFLX ) said on Wednesday that ads on
its platform have reached over 190 million monthly active
viewers (MAVs) globally, as the streaming giant instituted the
new metric to measure its ad reach in terms of people instead of
accounts.
Netflix ( NFLX ) has expanded into advertising and video games, two
areas that have contributed little to revenue so far, according
to analysts and investors.
The company defines MAV as the number of users who have
watched at least one minute of ad-supported programming and
multiplies that by the average number of people in a household,
based on Netflix's ( NFLX ) internal research, it said in a statement.
The move will allow Netflix ( NFLX ) to have a "more comprehensive
count of how many people" are actually watching content on the
platform, it said.
With Netflix ( NFLX ) moving into live-streaming, it began testing
dynamic ad insertion (DAI) with WWE Raw and SmackDown during the
quarter.
It will now offer the technology across the U.S., Brazil,
Canada, Germany, Mexico and the UK for the upcoming NFL
Christmas Gameday.
DAI lets Netflix ( NFLX ) swap in specific ads for each viewer in
real time during a live stream. It will scale the offering
across more live titles in 2026.
Co-CEO Greg Peters said Netflix ( NFLX ) recorded its best ad sales
quarter ever in the third quarter, adding that it is on track to
more than double ad revenue this year, on the company's earnings
call last month.
He noted that while advertising is still small compared to
subscription revenue, Netflix ( NFLX ) has now "established the
fundamentals" of the business and sees plenty of room for
growth.
Netflix Ads Suite, its in-house advertising platform, went
live in the U.S. and Canada in May and has since been made
available in all 12 ad-supported countries.
(Reporting by Juby Babu in Mexico City)