Connected TV (CTV) advertising has entered a new chapter. What was once a premium, supply-constrained environment has, over the last five years, been reshaped by the rapid rise of FAST (Free Ad-Supported Streaming TV) channels. CPMs across CTV have steadily declined as inventory floods the market, moving CTV from novelty to commodity.
At first glance, this seems like a challenge for publishers. But as Raghu K. Raman pointed out in his recent piece, this moment is actually a turning point. The opportunity is no longer in selling bulk impressions - it’s in differentiating supply and creating real value.
Advertisers today enjoy unprecedented decisioning power. With DSPs offering granular targeting, bid optimisation, and advanced controls, buyers can select inventory that meets their exact goals - right audience, right time, right context. That raises the stakes for publishers: thrive by enriching supply with signals and context, or be left behind as undifferentiated impressions are bought at rock-bottom CPMs.
Premium live sports and tentpole events remain valuable because they deliver scale, cultural impact, and attention that cannot be replicated. But beyond these marquee moments, the same principle applies across the board: impressions that carry context are worth more.
Context is more than metadata or genre classification - it’s about ensuring buyers understand the environment in which their ads appear. The emotional state of viewers, the cultural moment of the content, even the pacing of a scene - all of these can impact ad effectiveness.
Publishers and platforms who provide meaningful context are not just selling impressions, they’re offering advertisers decisioning intelligence. This is what transforms “commoditised” supply into differentiated, premium opportunities.
A recent industry discussion highlighted just how complex this is in practice:
In other words, while the desire for contextual decisioning is strong, the infrastructure to deliver it consistently is still maturing.
At TruffleTV, we believe context is the next frontier of yield management. Our approach is built on three principles:
The truth is, the challenges around data quality and consistency are real. But that’s precisely why publishers and platforms need to lean in. The more we provide context - even in imperfect form - the faster the ecosystem will evolve toward quality-driven, decisioned TV.
In a marketplace overflowing with impressions, it’s not about who has the most - it’s about who provides the most meaningful. Yield management in the era of decisioned TV isn’t about scale alone, it’s about delivering context, quality, and confidence to advertisers. The new rules of CTV are being written now. At TruffleTV, we’re not just adapting - we’re helping lead the change.
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