Connected TV Weekly Roundup | February 22
Your Destination for the Latest CTV Stats, Insights, and Trends
Key Consumer Audiences Spend 2/3 of Their Time Streaming, Leaving Traditional TV Behind
Cord cutting isn’t traditional TV’s only problem — viewers are watching less traditional television in general. According to Nielsen data, Gen Xers watch 15% less TV than they did 5 years ago. Teens and young Millennials have seen a massive drop of 40% since 2012. Even older generations are moving away from traditional TV, with adults 50+ watching less TV than they did a year ago.
While traditional TV is seeing drops in viewing hours, Connected TV is seeing a steady increase year over year. Streaming favorite shows through a CTV device is becoming the new normal for viewers. With 2/3 of Gen X and Millennial TV consumption coming from Connected TV, it has become a crucial digital channel to reach vital consumer groups.
Connected TV In The News
Amazon’s Streaming Service Twitch is Pulling in as Many Viewers as CNN and MSNBC
The ad supported video game streaming service is outperforming cable mainstays, with little sign of slowing down.
‘Star Wars’ TV Series: Disney Developing “a Few” for Its Streaming Service
A long time ago, in a galaxy far, far away, Disney plans to release TV programming for their mega-franchise exclusively through their streaming service.
Fox News Plans a Streaming Service for ‘Superfans’
The cable giant has plans to launch original programming for Fox News fans this year.
Advertisers Tuning Out TV in Sign of Trouble for Media Companies
The number of people paying for live TV has declined for several quarters, and advertisers are following the customer online, where social networks and streaming services command more and more of people’s time.
Connected TV Misconceptions: Part 2
We vanquish the rest of the Connected TV myths with part two in our series on CTV misconceptions.
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