In a forecast that should send a few more shivers down the spine of the pay-TV industry, Forrester Research is predicting that 50% of all TV viewers under the age of 32 will not subscribe to a traditional pay-TV service by 2025.
Given that bleak-looking future, based on a survey of more than 55,000 U.S. adults, Forrester analyst James McQuivey suggests that providers must try new ways to connect with cord-cutter and cord-nevers and develop game plans on how to serve them down the road.
“Today’s 20-somethings are already hard to reach via TV, and the next generation will be tougher,” McQuivey noted in the report -- Young TV Cord-Nevers Have Arrived And Are Here To Stay – obtained by Multichannel News. “We recommend experimenting with mobile video advertising, embedded marketing, and virtual- or mixed-reality ad experiences to reach this crucial audience.”
The smarter way to stay on top of broadcasting and cable industry. Sign up below.
Thank you for signing up to Broadcasting & Cable. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.