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One-Quarter Of Millennial-Led Households Are OTT-Only: Parks

June 14, 2016

Looking at the OTT market, Parks says that 60 percent of OTT video services require a subscription, and 64 percent of broadband-enabled U.S. households subscribe to an OTT video service (up from 59 percent last year).

Churn is high with subscription services: Roughly 20 percent of U.S. broadband-enabled homes cancelled at least one OTT video service last year.

Looking at how people access that video, Parks found that viewers don't stream as much video over gaming consoles as they used to.

From the article "One-Quarter Of Millennial-Led Households Are OTT-Only: Parks" by Troy Dreier.

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Report: Viewers Say Churn is Based on Lack of New, Original Content

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Survey Says: The Future of Smart Homes and Appliances Has Arrived

According to researchers at Harvard University, Americans spent nearly $420 billion on home improvements and repairs in 2020, as households modified living spaces for work, school, and leisure in resp...

Is The Increasingly Crowded Streaming Marketplace Going to Turn Consumers Back to Piracy?

In the short term, consumers are more than happy to keep paying for multiple services. According to a report published by Parks Associates in June 2021, 46 percent of US homes with broadband-level Int...

Most Broadband Users Still Pay For Television

Fortunately for pay-television providers, Kelling is not alone in what the industry calls “over-the-top” video consumption. According to the market research firm Parks Associates, 81 percent of U.S. h...

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About Parks Associates

One-Quarter Of Millennial-Led Households Are OTT-Only: Parks

Previously In The News

Report: Viewers Say Churn is Based on Lack of New, Original Content

Survey Says: The Future of Smart Homes and Appliances Has Arrived

Is The Increasingly Crowded Streaming Marketplace Going to Turn Consumers Back to Piracy?

Most Broadband Users Still Pay For Television

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