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Olympics Buzz Fuels Growth In Earned Media Value For Peacock

Olympics Buzz Fuels Growth In Earned Media Value For Peacock

Although the 2024 Paris Olympics have yet to begin, Peacock is already poised to be a big winner: The streaming service is the only place where U.S. audiences can see every single event live — a staggering 5,000 hours of coverage. NBCU is well aware of their gold-medal position, and hiked up prices for Peacock’s “premium” ad-supported tier from $6 to $8 just ahead of the games. For viewers wanting to go ad-free, the price is now $14 instead of $12. 

Subscription fees aside, Peacock is also benefiting from social media action around the Olympics. A June analysis of the streaming video landscape from CreatorIQ reveals that Peacock was the only service that saw month-over-month growth in Earned Media Value (EMV). EMV is CreatorIQ’s metric for quantifying the estimated value of consumer engagement with digital earned media.

Peacock racked up $30.9 million in EMV during the month, a 48% increase from its May EMV. Close to a third of that EMV came from owned social accounts for Team USA. The service also saw notable month-over-month growth in impressions (71%) and engagements (124%), largely driven by Olympics coverage including the trials and qualifiers for U.S. gymnastics and swimming. 

Looking purely at EMV for June, Netflix was No. 1 among video streaming platforms, with $104.3 million EMV, a drop from its May EMV of $149.2 million. Prime Video was in second place for EMV ($41.4 million), followed by Max ($34.8 million).  

You can get more insights around the creator economy for multiple industries with CreatorIQ’s Top 10 Leaderboards.

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