With YouTube to watch, Instagram pictures to take and Facebook, Snapchat and other social media platforms to explore, a generation of young Americans that
used to turn to television for entertainment is finding its fix elsewhere. They are watching on-demand services, such as Netflix and Hulu and the BBC iPlayer but turning off
“linear” TV, or tuning in at a set time on a set channel. This migration has been gradual but is starting to show up in the quarterly results of some of the world’s biggest media
companies — and investors are beginning to notice.
Read the whole story at The Financial Times »