Thursday, July 25, 2013

Television dominates user viewership on subscription video-on-demand services

For those of you out there that subscribe to a video-on-demand (SVOD) service like Hulu Plus, Amazon Prime or Netflix, would you be surprised to find that television content dominated consumer viewing over movies? The company GfK recently did some research to see which consumers prefer.

According to MediaPost, the three services have the following viewership:

·        Amazon Prime: 79% view TV content vs. 21% view movie content

·        Hulu: 96% view TV content vs. 4% view movie content

·        Netflix: 77% view TV content vs. 23% view movie content

Research shows that on average of SVOD services, television had about 81% viewership vs. movies at 19%.

Interesting to note is that a large amount of viewing takes place on an Internet-connected TV device. A device could be a gaming console, Blu-ray player, etc.

The important take away from this for advertisers is the fact that consumers are seeking out TV content on a massive scale whether it’s on broadcast television or a subscription service. Advertisers may not be able to be on some of the SVOD’s yet; however, there are still ways to reach these people through digital initiatives and maintaining a strong broadcast schedule. 

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