TV Everywhere April | Page 12

tv everywhere1804v3_news 19/04/2016 11:22 Page 6 Netflix leads US OTT market he latest OTT data from research and consultancy firm Parks Associates indicate that at the end of 2015, approximately 20% of US broadband households had cancelled at least one OTT video service in the past 12 months. In Q2 2015, 18% had done so. Netflix is still the OTT leader in the US, with 52% of all US broadband households subscribing to the service at the end of 2015. Netflix also had the lowest churn rate as a percentage of its total subscriber base. In the past 12 months, 5% of US broadband households cancelled their Netflix account, including those who cancelled at the end of the trial period. That figure represents 9% of the company’s current subscriber base. Five per cent of US broadband households indicated that they had unsubscribed from Amazon’s Prime Video service in 2015, a figure that represents 19% of those who claim to be current subscribers to Amazon Prime Video. Seven per cent of US broadband households cancelled a Hulu subscription in 2015, T Ooyala launches ‘bar-raising’ video player Premium video publishing, analytics and monetisation specialist Ooyala has released an all-new HTML5 video player built for fast, consistent performance across desktop and mobile devices. It says the new Player enables a high level of customisation for delivering tailored viewing experiences and integrates with all major video advertising and analytics services. It comes preintegrated with Ooyala IQ, the company’s own award-winning analytics solution for 12 TV Everywhere representing approximately half of Hulu’s current subscriber base. Research from Parks Associates’ OTT Video Market Tracker shows: l 5% of US broadband households cancelled Netflix in 2015, up from 4% of households reporting in Q2 2015 that they cancelled the service in the past 12 months. l 14% of US broadband households subscribe to Hulu, and 7% of US broadband households cancelled the service in 2015, roughly the same churn rate from Q2 2015. l 24% of US broadband households report having a subscription to Amazon Prime. The churn rate for Amazon’s video service declined slightly from Q2 2015 to the end of the year. There were 101 OTT video services available in the US understanding player performance and user engagement metrics at a granular level. Suggesting that it is raising the bar for performance, the new Ooyala Player is built with a lightweight framework for fast, consistent load times for premium live and on-demand video across all screens. As a market as of March 2016. Only 5% of US broadband households have a subscription to one or more of the 98 options beyond Netflix, Amazon, and Hulu. This list includes CBS All Access, Sling TV, HBO Now, and Crunchyroll. Three percent of US broadband households cancelled a subscription to an OTT video service other than one of the top three in the last 12 months. “Several factors contribute to OTT video service churn by consumers,” advised Brett Sappington, senior director of research, Parks consumers will unsubscribe once they’ve watched these popular items. Ongoing perceived value, in the long run, is the biggest driver to churn. Services have to continue to provide users with validation of value and a reason to return. Otherwise, consumers will discontinue services to save money or because they feel that the subscription is not worth the cost.” Parks Associates’ OTT Video Market Tracker shows 33 new OTT services entering the US market in 2015. Among all US broadband households, 64% of US broadband households