Digiday+ Research: Publishers stick with 2020 revenue priorities, meh on the metaverse and emerging tech
With some exceptions, publishers’ revenue priorities are nearly identical to the ones they set entering 2020. Direct-sold advertising, subscriptions and branded content were considered the largest areas of focus for the 139 publishing executives surveyed by Digiday in the first quarter of 2022 — as they were pre-pandemic in the fourth quarter of 2019.
Publishers were investing more in commerce as an approach to diversify revenue streams, according to 139 publishing professionals surveyed in the first quarter of 2022. However, that share reported that affiliate commerce revenue leveled off after a pandemic-powered year of significant gains.
And despite the considerable hype surrounding the promise of emerging technology for the media and marketing industries, publishers seem neither hugely impressed with or planning for significant investment in these burgeoning areas. Close to half of the 122 publishing execs surveyed in February think none of these emerging technologies will have a significant impact on their businesses over the next few years. The metaverse, NFTs and blockchain held the most promise, albeit small, while virtual reality and cyrptocurrencies were far lower priorities.
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