Vertical Media on Track to Generate $150 Billion in 2026 as the Booming Sector Fights Crowded Content Field and High Subscriber Acquisition Costs

Home Digital News Aug 21, 2026 4:00pm PT Vertical Media on Track to Generate $150 Billion in 2026 as the Booming Sector Fights Crowded Content Field and High Subscriber Acquisition Costs Meta, ByteDance and YouTube projected to generate 94% of vertical revenue outside of China this year By Cynthia Littleton Plus Icon Cynthia Littleton Business Editor @Variety_Cynthia Latest Vertical Media on Track to Generate $150 Billion in 2026 as the Booming Sector Fights Crowded Content Field and High Subscriber Acquisition Costs 15 minutes ago LISTEN: Amazon Courts Creators to Build Businesses and Scale the Attention Economy for Brands 3 hours ago LISTEN: How ‘Dateline’ Became a Content Dynamo for NBC News 2 days ago See All AR/COL/Liuyi/Qinfan/Vigloo/ABC TV There’s no doubt that 2026 will go down as a milestone year for the growth in popularity of vertical media content in the U.S. The sector is booming but still incredibly diffuse. That will change as microdramas and other formats proliferate and generate more advertising, subscription and in-app purchase revenue. Those are among the conclusions drawn in a study of the vertical media sector’s growth during the first half of 2026 by Owl & Co., a market research and consulting firm that has zeroed in on microdramas and such as the next big content opportunity for new and traditional outfits. Hernan Lopez, founder and CEO of Owl & Co., is author of “Vertical Economy Report 1H26: Mapping Consumption, Creation, Value Capture Across a $150B Audiovisual Language.” Related Stories Yahya Abdul-Mateen II Says the 'Optics' at Marvel Are 'Obvious' After 'Wonder Man' and 'Blade' Canceled: 'If I'm Disney, I Do Not Want to Be Attached to These Optics'