• by David Goetzl , March 3, 2010

New research indicates that the long-held promise of TV/Internet convergence is gaining traction, albeit slowly. Leichtman Research Group data shows that just over 24% of all U.S. homes have a Web-to-TV connection, while 5% of adults are watching YouTube and Hulu on their TV screens each week.

Leichtman data measured homes with Web-TV connections via video game and Blu-ray systems, as well as compatible TVs. Add in homes that can connect with a TiVo, Roku player or computer, and the amount is estimated to come in just north of 24%.

The TiVo device is in a modest number of homes, but the company did release a new "Premiere"-branded product this week that can transfer Web video to the television, among other capabilities.

Leichtman research shows that while 5% of adults watch Web video on the TV weekly, the figure is just 1% on a daily basis. Since game consoles are so widespread, the viewing is largely among young men. Among men ages 18 to 34, 16% are viewing Web video on the big screen weekly via a console, Blu-ray or compatible TV.

The findings come from a survey of 1,250 U.S. homes.

Research from the Yankee Group shows that 23% of homes with an HDTV set have the ability to link the Internet to that screen. Still, only 5% of all homes are watching Internet video on TV.

There have been suggestions that the opportunity to watch video from YouTube, Hulu, ESPN360, CBS Sports and a slew of other sites on a large TV screen could prompt people to cancel a cable or satellite subscription.

But Bruce Leichtman, who conducted the research, said that's unlikely. The people with the Web-to-TV devices are likely to covet the typical run of TV channels and be willing to pay the price to keep a subscription.

"The last thing they're going to do is get rid of all those channels," he said.