TV Everywhere 1 | Page 28

research_research 21/04/2015 20:34 Page 1 The television’s popularity as the go-to entertainment device may be ending, according to Digital Video and the Connected Consumer, a new research report from global management consulting Accenture. The television was the only product category to see uniform, double-digit usage declines across different types of media worldwide among viewers of nearly all ages. It is rapidly being replaced as consumers turn to a combination of laptops, desktops, tablets and smartphones to view video content. The report, developed for communications, media and technology companies, found that video consumption – anytime, anywhere – has become mainstream, accelerating the decline of traditional TV viewing. to 17-year-olds abandoning the TV screen at the rate of 33% for movies and television shows and 26% for sporting events. This decline continues for 18to 34-year-olds at 14% for movies and television shows and 12% for sporting events, and for 35- to 54-year-olds, at 11 and 9%, respectively. It does, however, flatten among the 55 and older crowd, at 6% and 1% respectively. ”We are seeing a definitive pendulum shift away from traditional TV viewing,” said Gavin Mann, Accenture’s global broadcast industry lead. “TV shows and movies are now a viewing staple on mobile devices of all shapes and sizes, thanks to improved streaming and longer battery life. The second screen viewing experience is where the content creators, broadcasters and programmers will succeed or fail.” To that point, the report found that more than a third (37%) of consumers own a combination of smartphones, laptops/desktops, and tablets. Among those who plan to buy a TV, 61% expect to buy a connected TV, and 25% are Viewership for long form video content, such as movies and television on a TV screen, has declined by 13% globally over the past year and by 11% in the United States. Similarly, the report found sports viewership on TV screens declined by 10% globally and 9% in the United States. Nearly all age brackets reported double-digit declines in TV viewing globally, with 14- planning to buy a 4K TV, an increase of 7% over last year. These purchasers report that they use these devices to access all kinds of content on a daily basis. As consumers view more content online, the quality of online service is becoming a growing concern. According to Accenture’s analysis, 89% of consumers watch long form video on connected devices, TV’s popularity on the wane 28 TV Everywhere but many report issues with their viewing experience. The primary complaint among more than half (51%) of respondents watching online video was poor Internet service. They complained about too much advertising placement (42%); buffering, or the time it takes for video to start playing, (33%); and loss of sound or distortions during play (32%). At the same time, respondents said they would pay for online video service if it included greater content variety, less advertising, and better video quality. The research also found, however, that traditional broadcasters have a strong advantage over new market entrants, as respondents showed a preference for the dominant TV broadcaster, satellite and cable providers versus newer Internet providers. When consumers were asked if pay-TV channels or Video on Demand services from brands such as Apple, Netflix and Google were an appealing offer, they scored those options scored significantly lower than traditional broadcasters. “New entrants, regardless of their brand, will have to prove their service quality to consumers to capture significant market share,” said Mann. “Consumers prefer established brands, and broadcasters need to capitalise on this while the iron is hot by aggressively investing in multidevice platforms and securing partnerships that leverage their footprint into the mobile space. A simple repackaging of the same programming available anywhere may not do it. It needs to be unique and special.” Viewing is happening simultaneously across multiple devices, with 87% of consumers using more than one device at a time. Globally, the smartphone is the most frequent companion device scoring 57% overall. This trend is particularly strong for millennials, with 74% of 14- to17-year-olds using a combination of TV/smartphones during viewing. This is not the case in North America, where a laptop/computer was used more frequently for simultaneous viewing (59% vs. 42% for smartphones). “Understanding consumers and ensuring decision-making is centred on consumer insights will be increasingly key to success,” said Mann. “This relentless focus on consumer optimization will have an impact on all elements of a broadcaster’s business, from content decision-making to implementing converged operating models and exploiting the data advantage. The future lead \