Millennials still watch a lot of traditional network and cable TV shows -- just increasingly not on traditional linear TV. Yet many viewers aren’t ready to cut the traditional TV cord.
Seventy-three percent of Millennials (ages 13-34) watch network and cable TV shows regularly, according to a TiVo Research study -- with 61% of them regularly using streaming services.
In
contrast, 51% of slightly older GenXers (35- to-49-year-olds); 39% of Baby Boomers (50-68); and 26% of the “Silent Generation” (69-74) regularly stream TV shows.
The study also
says 40% of those Millennials regularly use a pay TV provider (cable, satellite, telco) to watch TV -- down three percentage points from 2014.
Despite increasing changes in the ways that
TV/video are viewed, TiVo says young consumers aren’t ready to abandon traditional pay TV providers: 79% are not seriously considering to cancelling pay services.
This is about the same
number -- 80% -- for GenX, Boomers and Silent Generation consumers.
TiVo’s 2015 Millennial Video Entertainment survey was conducted online of 3,001 people ages 13 to 74 during the period
of October 19-22, 2015.