TikTok CPMs Dropped During US Ban Extension

As acquisition talk gets louder and more frequent in the days leading up to April 5, when the extension on TikTok’s U.S. ban is set to expire, new data illustrates a period of uncertainty for the popular app.
Figures from Varos, a benchmarking firm that tracks digital ad spend, show TikTok’s U.S. cost-per-thousand-impressions (CPMs) have seen double-digital declines throughout 2025. Meanwhile, rates for Meta’s short-form video offerings on Facebook and Instagram have moved in the opposite direction.
“It’s undeniable that Facebook and Instagram have made CPM growth a key initiative, driven both by increases in spend and rates,” said Jason Krebs, general manager of media at Varos.
https://www.adweek.com/media/tiktok-cpms-dropped-ban/