Welcome to the Everybody newsletter. Think of this as a digital magazine covering topics and news in the world of pop culture, consumer, and technology. Today’s main topic is FAST channels, the new era of tv consumption. Also the launch of our creative & strategy agency, Everybody Ideas.

66% of Americans Now Watch FAST Channels: The New Wave of TV Consumption

In recent years, the world of television and video streaming has undergone a seismic shift, with a growing number of Americans embracing Free Ad-Supported Streaming Television (FAST) channels. A recent study reveals that 66% of Americans now watch FAST channels, highlighting the increasing appetite for free, ad-supported content in the era of cord-cutting and subscription fatigue.

What Are FAST Channels?

FAST channels offer a unique viewing experience that combines the structure of traditional TV with the flexibility of digital streaming. Unlike subscription-based services like Netflix or Disney+, FAST platforms deliver live and on-demand programming at no cost to viewers, with advertisements inserted throughout. Think of it as the modern version of cable TV, but delivered through the internet and without the monthly bill.

Some of the most popular FAST services include Pluto TV, Tubi, and Roku Channel, each offering a wide range of channels and content, from news and sports to movies and niche programming.

The Rise of FAST: Why 66% of Americans Have Made the Switch

There are several key factors driving this surge in FAST channel viewership:

1. Subscription Fatigue: As the streaming wars intensify, consumers are increasingly bombarded with multiple subscription options, each demanding a monthly fee. Many households, weary of paying for several services, are seeking free alternatives. FAST channels provide a cost-effective solution without sacrificing quality content.

2. Cord-Cutting: The trend of cutting the cord on traditional cable TV has been accelerating, with millions of Americans dropping cable packages in favor of online alternatives. FAST channels allow viewers to enjoy a similar linear TV experience without the high costs associated with cable subscriptions.

3. Ad Tolerance for Free Content: Although subscription services often promise an ad-free experience, many viewers are willing to tolerate advertisements in exchange for free access to content. The ad experience on FAST platforms is also seen as less intrusive than traditional TV, with fewer and shorter ad breaks.

4. Content Variety: FAST channels cater to a broad range of interests. From live news broadcasts to niche content like cooking shows, vintage sitcoms, and even 24/7 genre-specific programming (e.g., crime dramas or sci-fi), there is something for everyone. This diverse content offering appeals to a wide audience, making it easier for viewers to find something they enjoy.

Who Is Watching FAST Channels?

While FAST channels are watched across various demographic groups, they are particularly popular among:

• Budget-conscious Millennials and Gen Z: Younger viewers who grew up in the age of digital streaming but are wary of subscription fees have gravitated toward FAST platforms. The appeal of “free” aligns well with this generation’s preference for flexibility and cost-consciousness.

• Older Generations: Many Gen X and Baby Boomer viewers who previously relied on traditional TV find FAST channels familiar and user-friendly, bridging the gap between cable and digital streaming without the price tag.

• Households with lower incomes: For those who want access to a wide variety of content without adding more monthly expenses, FAST channels provide a no-cost entertainment option.

The Impact on the Streaming Industry

The rise of FAST channels is reshaping the streaming landscape, forcing both subscription-based platforms and advertisers to rethink their strategies. As more consumers flock to FAST services, it puts pressure on traditional streaming services to diversify their offerings or consider launching ad-supported tiers (as we’ve seen with Netflix’s introduction of an ad-supported subscription).

For advertisers, FAST platforms represent a lucrative opportunity. With millions of engaged viewers, brands can reach large audiences at scale, delivering targeted ads in a more dynamic environment. The data-driven nature of streaming services also allows for better ad personalization, increasing effectiveness and engagement.

The Future of FAST Channels

As the FAST model continues to gain traction, we can expect even more innovation in the space. Future developments may include more localized content, interactive features, or a wider variety of niche programming catering to even more specific viewer interests. The continued growth of smart TV adoption and internet accessibility will only serve to boost the viewership of FAST channels.

In conclusion, the rise of FAST channels reflects a broader shift in how Americans consume TV content. With 66% of viewers now embracing FAST, the future of free, ad-supported streaming looks bright. As subscription fatigue and cord-cutting trends continue to grow, FAST channels are poised to become a dominant player in the world of entertainment, reshaping the way we watch TV for years to come.

Introducing Everybody Ideas: Our New Creative Strategy & Consulting Agency

We’re thrilled to launch Everybody Ideas, a creative strategy and consulting agency that operates at the intersection of pop culture, consumer, and technology.

In a world where culture shapes commerce, Everybody Ideas is here to help brands and entrepreneurs tap into what truly resonates with people. Whether it’s refining your story, building innovative strategies, or launching bold new ventures, we’re here to drive impact and innovation.

This journey has been in the works for a while, and I’m incredibly proud to see it come to life. If you’re building something in this space and want to collaborate, let’s talk! 🔥

Curated Vibes

Song of the week: “Jealousy” by Jordan Ward
Apple Music
Spotify

Movie of the week: Rebel Ridge

LA Tech Week

We’re hosting two events during LA Tech Week this year and would love for you to join us if you’re available. It’s a great opportunity to connect with tech community in Los Angeles.

Mario Kart Invitational
Date: October 17, 2024
Location: AMC Santa Monica 7
Description: We’re renting out a movie theatre to create an immersive experience for our inaugural Mario Kart Invitational. Expect a fun and competitive atmosphere with some of the best in tech.
RSVP

Sunset Mixer
Date: October 16, 2024
Location: Hotel Erwin
Description: Enjoy drinks and food on a rooftop by the Venice beach during the sunset while you network with fellow founders and investors.
RSVP

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We’re open to sponsors who want to reach executives, investors, operators, creatives, and tastemakers in the consumer space. Want to see how your brand can reach Everybody Ventures’ audience? Partner with us.

Looking to become a Limited Partner in Everybody Ventures Fund II?

We're excited to announce Everybody Ventures Fund II, a social VC fund to democratize venture capital investing. Our Fund II allows investor accredited & non-accredited to become Limited Partners. We're doing a private beta launch opening access to executives, investors, operators, and creatives in our network. The fund will invest in pre-seed and seed stage consumer companies at the intersection of pop culture and technology with a check size of $25k - $50k.

The minimum commitment to become a Limited Partner in this fund is $3k. One of the unique features of this fund is LPs will have the ability to vote on every investment presented by our team. Majority vote wins on each investment.