Streaming Service CPMs 2023

Normalization Is the New Normal

The range of costs per thousand (CPMs) on major US streaming services is narrowing as new entrants Netflix and Disney+ settle in the upper $40s with the former dropping from its near-$60 peak in late 2022.

Key Question: In the first full year since Netflix and Disney+ began selling ads on their subscription platforms, how are rates trending across top US streaming services?

KEY STAT: Average CPMs across major US streaming services are trending downward as Netflix and Disney+ lower the rates they solicited soon after launching ad-supported tiers in late 2022.

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Table of Contents

  1. Executive Summary
  2. The CPM range is narrowing among major streaming services.
  3. What factors influence CTV CPMs?
  1. Where does YouTube fit in?
  2. What does the narrowing range of streaming service CPMs mean for advertisers?
  3. What do CPM trends mean for CTV platforms?
  1. Sources
  2. Media Gallery

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First Published on Oct 6, 2023

authors

Paul Verna

Contributors

Ross Benes
Senior Analyst
Monica Peart
Senior Director, Forecasting
Chuck Rawlings
Senior Researcher
Tracy Tang
Senior Researcher