Two thirds of Americans (66%) have access to a streaming video service, and 28% watch content "only" on streaming platforms. The percentage of Gen Z OTT-only viewers is even bigger at over a third (38%).
That is according to a new survey from market research firm Piplsay, which said it polled over 56,000 people nationwide to find out what they had to say about over-the-top video.
According to the results, 38% of all respondents said they subscribe to both pay TV and OTT platforms, while almost half (46%) said they have cut back or cut out trips to the movie theater in favor of home viewing.
A majority of respondents (60%) said they spend more time (over two hours) watching pay TV while 41% of OTT subs said they spend that much time on online content.
Piplsay argues that Hollywood has never been as challenged for eyeballs by streaming services as it is now, and not just because of the ease of couch surfing over the drive to the drive-in.
"It’s not just the ‘chilling’ at home that makes streaming platforms an attractive option," the company said, "but also the strong original content they produce that helps set them apart."
Netflix, Amazon, Disney Plus and others are spending billions to attract eyeballs with original content as OTT services try get cord-cutters and cord-sharers to shell out for another streaming video subscription.
The survey was conducted earlier this month among adults 18-plus.
Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.
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