TV viewers are fond of streaming, and streamers like to watch TV. Ergo, the offering of broadcast programs can bolster the success of a streaming service.
The percent of TV viewers who
stream some of their TV shows has risen from 15% six years ago to 57% in 2016, according to new data from Horowitz Research.
The report also found that nearly 75% of so-called “core streamers,” those who spend at least 20% of their TV and video viewing time watching streaming video, consider the
availability of broadcast networks to be a key feature in a TV or video service. That group also wants access to cable and a wide range of channels, the report found, citing that about three-quarters
said they wanted both of those options.
In its analysis of the over-the-top market, Horowitz studied viewers who spend at least 20% of their TV/video viewing time streaming content and
who represent about 47% of the TV viewing universe. Seven in ten respondents in that group of so-called “core streamers” said access to broadcast channels was a top feature in a TV or
video service.
The key takeaway from this data report is that streaming services that are able to offer anytime access to video, as well as content from broadcast networks, and a strong
library are poised for success, Horowitz said.
The behavior of streamers is important to understand given how common streaming is becoming. It’s growing in large part because
connected TVs are in a majority of homes. Leichtman Research Group reported that 65% of US TV homes have at least one set connected
to the Internet via a video game system, a smart TV set, a Blu-ray player, or via a stand-alone device. That’s up from 44% in 2013, and 24% in 2010.