The number of hours per week consumers spend watching online video has almost doubled from 3.6 hours per week in 2017 to nearly seven hours per week in 2020, says a new report.
Research from Parks Associates have found both Disney+ and Apple TV+ have captured a significant market share during their first six months of operation.
Parks Associates, ahead of the upcoming Future of Video conference in LA next week, released its updated list of the top 10 US subscription over-the-top (OTT) video services.
New research from Parks Associates finds 70% of US broadband households with a major video service consider its user interface to be good, with 48% rating it “very good,” and these scores impact their willingness to recommend the service to others.
Parks Associates research finds that the percentage of households with multiple OTT subscriptions has increased by 130% since 2014.
New research from Parks Associates finds that subscriptions, formerly representing just over half of total online video spending in 2012, now account for nearly 86% of all internet spending on TV and movies.
Over 50% of US broadband households that subscribe to an OTT video service do so because they’ve previously enjoyed a free trial.
The average standalone pay-TV service ARPU declined 10% from 2016 to 2018, when consumer-reported monthly spending on pay-TV declined from $84 to $76, says Parks Associates.
Approximately 22% of US broadband households use an antenna to watch over-the-air broadcasts, according to Parks Associates.
The percentage of UK broadband homes where subscribers are likely to cancel their pay-TV subscription has doubled in three years.