OTT (Over-The-Top) vs Meta Ads
OTT (Over-The-Top) is bought on CPM only, averaging $26.60. Meta Ads averages $1.05 CPC and $7.41 CPM. Analysis for Canada in 2026.
Amber underline marks the lower cost on each metric. Ties get neither. Em dash means the platform is not sold on that basis.
Which should I actually pick?
Answer three questions and we'll score OTT (Over-The-Top) vs Meta Ads on budget fit, industry rank and goal alignment.
Advertising in Canada
Canada is a smaller but disproportionately mature digital ad market, with digital share of total media spend tracking close to US levels. Google and Meta dominate, but Canadian advertisers contend with two important wrinkles: French-language obligations in Quebec (Bill 96 enforcement has tightened) and CASL, one of the world's strictest anti-spam laws. CPMs typically run 5-10% below the US, reflecting a smaller auction pool and lower absolute population. The market is also unusually concentrated geographically — Toronto, Montreal, and Vancouver account for the majority of high-value commercial audiences, which makes geo-targeting more efficient than national campaigns for most verticals.
Quick Comparison
Delta reads left to right: how OTT (Over-The-Top) compares to Meta Ads on each line.
| Metric | OTT (Over-The-Top) | Meta Ads | Δ OTT vs Meta | What it means |
|---|---|---|---|---|
| Avg. CPC | — | $1.05 | — | One side is not sold on a CPC basis. |
| Avg. CPM | $26.60 | $7.41 | +259% | Cost to buy 1,000 impressions on each board. |
| Clicks per $5,000 | — | 4,762 | — | Volume advantage before conversion rate is applied. |
| Typical CVR | 0.4% | 1.2% | -67% | Cross-industry typicals by channel type, not board data. |
| Implied CPA | — | $88 | — | At the CVRs above; your account will differ. Implied CPA = CPC ÷ CVR. |
| Min. viable monthly spend | — | $6,000 | — | To exit learning / gather bid-strategy signal. |
| Pricing tier | High | Low | Board tiers by CPM/CPC percentile. |
Where the gap widens
How each one charges you
- Billing
- OTT (Hulu, Peacock, Roku, Samsung TV+, etc.) is bought exclusively on CPM with 15- and 30-second video creative. Rates run $25–40 CPM — the highest of any digital channel — because inventory is finite premium video and the ROAS story is measured against linear TV, not against Facebook.
- Learning phase
- OTT has a real budget floor: most DSPs require $5K–10K/month minimum, and to reach reliable frequency in a metro DMA you need $15K+/month per platform.
- Creative
- 15s or 30s video, 1920×1080 (16:9), broadcast-quality mastering. No skippable formats. Most platforms require closed captions and mezzanine-file delivery through demand-side platforms.
- Billing
- Meta (Facebook + Instagram) runs an auction across Feed, Stories, Reels, Marketplace, and Audience Network. You optimize for a conversion event; Meta's algorithm decides bid and placement. Effective CPM is $6–12, effective CPC $0.80–1.50 depending on optimization goal and vertical.
- Learning phase
- The algorithm needs ~50 conversion events per week per ad set to exit learning phase. For a $30 CPA that's ~$1,500/week or $6K/month per campaign. Below that, performance is a lottery.
- Creative
- Feed: 1:1 (1080×1080), 4:5 portrait (1080×1350). Reels/Stories: 9:16 (1080×1920). Video 15–60s. Carousel supports 10 cards. Copy ~125 chars before the truncate. Creative fatigue is the #1 cost driver — refresh every 2–3 weeks.
When to Use Each Platform
- You're targeting brand awareness
- You're targeting premium audiences
- You're targeting video storytelling
- You're targeting social engagement
- You're targeting mobile users
- You're targeting visual brands
- You want lower cost per thousand impressions ($7.41 vs $26.60)