Distribution Is Becoming Marketing: What Industry Leaders Are Seeing Across Streaming, Advertising, and Audience Engagement
A fireside discussion with Kara Swisher and Stefan Van Engen exploring the future of media, streaming, and audience engagement during the Xumo Executive Retreat.
At the inaugural Xumo Executive Retreat, leaders from across content, advertising, technology, and distribution discussed the forces reshaping audience behavior and the future of media. Three themes surfaced repeatedly: distribution is becoming a growth engine; consumers no longer distinguish between platforms; and fandom, trust, and authenticity are emerging as strategic advantages.
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Ask most consumers whether they're watching "television," and the answer today could just as easily mean YouTube, TikTok, Netflix, or a FAST channel.
At the inaugural Xumo Executive Retreat, leaders from across content, advertising, technology, and distribution explored the trends reshaping audience behavior and media consumption. Three themes surfaced repeatedly throughout the conversations.
Distribution Is No Longer Just Distribution. It Is Marketing.
For years, content distribution decisions were largely framed around monetization: What platform generated the most revenue? Which window preserved the greatest value? That framework is evolving.
Across retreat conversations, FAST emerged not simply as another monetization channel, but as a highly effective marketing, discovery, and audience-development engine.
Broad availability can help introduce viewers to unfamiliar titles, bring new audiences into established franchises, and create repeat viewing at meaningful scale. For publishers with deep content libraries, FAST can provide a new path to extending the life and reach of programming while building awareness that generates value across the broader content ecosystem. Whether every FAST business model ultimately proves sustainable remains an open question. What seemed increasingly clear from the conversations, however, is that audience discovery may be becoming just as important as audience monetization.
That perspective was echoed by Chase Brisbin, EVP & Head of Lionsgate Global Channels, who described FAST as not only a monetization strategy, but also a great way to build awareness, fandom, and repeat viewing at scale.
Distribution, in other words, has moved higher in the funnel. It can generate revenue, but it can also create awareness, build fandom, and influence what audiences choose to watch next.
Consumers Care About Content, Not Containers
The media industry still tends to organize itself around categories: broadcast, cable, streaming, social video, creator content, and digital platforms.
Consumers do not necessarily see those same boundaries.
Viewers move fluidly among professionally produced programming, creator-led media, live sports, short-form video, and traditional television. Their decisions are increasingly driven by the content itself, not by the industry label attached to the platform delivering it.
This is particularly clear among younger audiences, for whom YouTube and social platforms can be as central to the viewing experience as a traditional television network. Primetime has not disappeared, but it is no longer confined to a particular hour, screen, or distribution model.
As Kara Swisher observed during the retreat, “The consumer has taken control of their experience and is never giving it back.”
That reality has significant implications for media companies. Audiences expect to find content where they already spend their time, and creators, publishers, and platforms must adapt experiences accordingly.
Companies that can answer those questions without being constrained by legacy definitions of television will be better prepared for what comes next.
Fandom, Trust, and Authenticity Will Define Growth
As distribution becomes more fragmented, fandom is becoming one of the clearest paths to meaningful audience engagement.
Fandom is not limited to blockbuster franchises, mainstream sports, or mass-market entertainment. It can form around creators, personalities, niche sports, gaming communities, shared interests, and highly specific aspects of identity.
Throughout the retreat, participants returned to a common idea: fandom thrives when experiences feel authentic. As audiences increasingly organize around communities, passions, and identities, brands and content owners have an opportunity to build deeper relationships by showing up in ways that feel relevant, credible, and consistent.
This is especially important when considering Gen Z and Gen Alpha. Kids and teens cannot be treated as a single, uniform audience. They discover content across a wide range of platforms and build connections around interests that may move quickly between gaming, video, audio, creators, and traditional entertainment.
For brands, simply appearing in those environments is not enough. Participation needs to feel consistent, relevant, and authentic. The most effective strategies often go deeper with a community rather than attempting to appear everywhere at once.
Trust remains foundational. As privacy expectations evolve, brands, platforms, and publishers must combine transparency, thoughtful curation, and responsible data practices to build lasting audience relationships.
Looking Ahead
For all the discussion about technology, streaming economics, audience fragmentation, and AI, the most memorable moments often came from people comparing notes, debating assumptions, and challenging each other's thinking.
Perhaps the most fitting summary came after the retreat ended. As Annie Luo of AMC Global Media put it: "It's a good reminder that the best thing about our industry is the community and the people."
That community, and the candid exchange of ideas within it, is what will help move the industry forward.
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