Benefits to the Streaming Platform
Attracts new subscribers
Production costs spread over millions of existing subscribers
Creates local advertising opportunities
Increases user engagement
Reduces churn
Develops multiple types of current content
Supports daily appointment viewing
Distributable across all platforms and services
Untapped Opportunity
Despite the decades-long decline in local news availability, not a single large news publisher is moving into the streaming space with a financially viable and sustainable local news model. The first VOD company to buy local news buys a level of customer loyalty unavailable at any price with any other genre of content.
90% of U.S. homes have broadband access
82% subscribe to at least one SVOD service
U.S. SVOD revenues to exceed $94B by 2026
$230B spent in 2022 on original content creation and licensing
30% of streaming views are news programs
47% of 45 to 54-year olds rely on local news to stay informed
Over 30M Americans tuned in to network evening news in 2020
No SVOD platform offers original local news
It’s a win for everyone…
SVOD Companies
Provides unique local, relatable content that attracts new and existing subscribers to the platform every day, and reduces churn rates.
Consumers
Provides 182M U.S. SVOD subscribers access to local news with no additional subscription or membership fees to pay or advertisements to watch.
News Industry
Frees industry from the “revenue chase” while focusing on it’s real purpose: honestly reporting the news people need to know.
N2 Media Holdings, Inc.
A highly profitable company with unmatched reach into local communities reporting stories that educate the public and strengthens democracy.
Democracy
Restores the ability of the Fourth Estate to inform the public and hold its leaders accountable.