Streaming is becoming a very big deal. According to a new study, 28% of all TV viewing is now done via digital streaming.
Research company GfK MRI says that accessing subscription or free online platforms using a personal computer or mobile device accounts for 16% of time spent with TV content. Streaming via a connected TV set accounts for another 9% and using other devices, including game consoles, covers around 3%.
The study found that 41% of TV viewers are what GfK MRI calls "Digital Enthusiasts" who have a traditional pay-TV subscription plus three streaming TV services.
The study is part of GfK MRI's "The Future of TV" series, which found the viewers still like old-fashioned TV viewing. The most popular way to watch TV remains live when first broadcast, and watching live accounts for 39% of time spent with TV content.
"Our study reveals important new populations of TV viewers, emphasizing how TV has taken on a whole new meaning, with different approaches to combining streaming and traditional platforms and viewing," said Christie Kawada, executive VP of Product Management and Innovation at GfK MRI. "We live in a new type of video ecosystem, where online video and live TV co-exist amongst traditional cable offerings, apps, and digital streaming of live TV. These platforms are creating added demand for one another; viewers are checking out more - and different -- content, and ultimately watching more. Even digitally savvy viewers still value time-honored TV experiences, like social viewing and second-screen experiences, thus keeping linear viewing strong in today's digital world."
Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.
