Tuesday, April 25, 2017

TV Set Usage Drops

Two new surveys published Monday spell out the dramatically changing habits of TV watchers, highlighting the challenges faced by traditional broadcasters.

According to CNBC, a new Accenture report shows a dramatic drop in the percentage of people who prefer to watch TV on a regular television set.

The Accenture 2017 Digital Consumer Survey, which involved 26,000 people in 26 countries, showed only 23 percent of viewers preferred watching programming on a television set. Among U.S. survey takers, it was marginally higher at 25 percent.

Last year, 52 percent of people worldwide and 59 percent in the U.S. said their number one choice was to watch TV on a TV set.

The shift means that traditional advertising models may be upended, as live television typically makes up the majority of TV ad inventory.

In another survey released by market research group GfK on Monday, people who watch video without a cable or satellite TV subscription prefer shows from streaming providers instead of from traditional TV networks.

That could place further pressure on networks and advertisers already struggling with consumers' shifting viewing habits.

GfK surveyed 10,000 U.S. cord-cutters (who canceled their cable or satellite subscriptions) and "cord-nevers" (people who never had a subscription) showed they preferred streaming network programming over broadcast or cable network TV shows. The top 10 shows of both types came from Netflix, Hulu or Amazon, with Netflix's "Orange is the New Black" taking the top honor.

Cord-cutters accounted for about 8 percent of the U.S. population with an average age of 43, while cord-nevers made up 9 percent of the population and had an average age of 34, according to GfK's survey.

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