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Online TV increasing in popularity in US

Online TV increasing in popularity in US

In the past 30 days, 26% of online Americans have streamed a full-length TV show and 14% have streamed a full-length movie, according to data from Ipsos MediaCT.

The research found that 30% of 18-24 year-old Americans have streamed a full-length movie in the past 30 days and 51% have streamed a full-length TV show.

Brian Pickens, senior research manager at Ipsos MediaCT, said: “The digital video revolution is no longer centred on short clips via YouTube; it is becoming an important distribution channel where any type of full-length video can be instantly accessed for immediate consumption without a fee.”

The study also found that even among digital video users, 64% would rather watch hour-long dramas and half-hour comedies live on their TV than rent or purchase them, or watch them on their PC or portable device.

Recent figures from the The Pew Research Center’s Internet & American Life project revealed that 62% of US adult internet users have watched online video on a video-sharing website (see Strong growth in US online video viewing).

Magna has forecast that the US market for online video will grow by 32% this year, rising from $531 million in 2008 to $699 million in 2009 (see US market for online video forecast to grow 32% this year).

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