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Millennials Streaming Away From Linear Television Causes Broadcaster Concern

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 »

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