2014: The First Year Traditional Linear TV Took A Back Seat To Streaming Video
A major shift in consumer behavior and significant growth in consumption on digital platforms hints at “appointment TV’s” slow demise.
With the proliferation of streaming services and a younger generation’s insatiable demand for content whenever they want to watch it, it was only a matter of time before viewing numbers for the living room television dropped. That time has arrived, and a bit sooner than many predicted.
Nielsen, the program ratings organization, said in its latest report that traditional television viewership is down 4 percent from the third quarter of 2013 to the third quarter of this year. Again, most of that erosion has come as a result of viewers using more streaming services, on demand platforms and digital devices to consume content.
In its new quarterly report, entitled, "Total Audience Report,” Nielsen said it has found that live television consumption dropped from four hours and 44 minutes a day in Q3 of 2013 to four hours and 32 minutes a day in Q3 of this year.“While we are not seeing a departure from media content consumption, we do see a shift in consumer behavior and today we see a resounding growth in consumption on digital platforms,” Dounia Turrill, senior vice president, insights, at Nielsen, wrote in the report. “The growing penetration of new devices and the popularity of subscription-based streaming services, time shifting and over-the-top viewing—as well as cord-cutting and cord shaving—are fundamentally changing the TV industry.”
Copyright © 2014 The Nielsen Company.
Monthly viewership over the two quarters was apparently down as well: from 147 hours to 141 hours. Those losses were offset by a two-minute rise in “time shifted” viewing, as well as increased viewing on digital devices, like smart phones and tablets. There was also a 19 percent rise in subscription video on demand.
With the move to broadband services, consumers are increasingly cutting their video subscription, but keeping their data service. In fact, Nielsen said 2.8 percent of U.S. households are now “broadband only.” In 2013 that figure was at about 1.1 percent.
The Nielsen report also states that 2014 has seen a larger decline in traditional linear TV viewing than any previous year.
The “Total Audience Report” is Nielsen’s new name for its “Cross Platform Report,” reflecting new marketplace realities. Nielsen’s Turrill said despite the name change, the report “continues to be part of our ongoing efforts to provide more insights into the consumer’s media consumption and experience as they navigate through their content.”
You might also like...
Playout Monitoring & Compliance At IBC 2024
Quality of streaming experience, compliance monitoring, and verification of content source will be major themes on the monitoring front at IBC 2024. On top of that will be the monitoring challenges associated with automation and AI as they extend across workflows,…
OTA TV Transmission At IBC 2024
It is time for a round up of who will be on the show floor at IBC 2024 demonstrating OTA TV transmission technology.
Is AI “Just A Tool”?
People often say that AI is just a tool. But it’s not. That’s a fundamental mistake and likely to be wrong by several orders of magnitude.
Streaming Delivery At IBC 2024
Deployment of cloud technologies and IP transport has surged over the last year, focused on reducing costs, improving quality of experience, and meeting increasingly stringent demands for energy efficiency. Security of live streams remains an unsolved challenge, with continuing emphasis…
Channel Creation & Playout At IBC 2024
Linear channels are thriving rather than going away and this is challenging service providers and their technology suppliers to compete by introducing more interactivity and personalization more akin to streaming. Channel creation and playout are also becoming increasingly integrated and…