Providing market intelligence for more than 35 years

Rapid TV News

More than half of Americans subscribe to OTT

It would appear that over-the-top (OTT) has truly crossed the proverbial chasm in the US with 55% of broadband households subscribing to such services according to research from Parks Associates.

This could open up new opportunities for cloud solutions, said the analyst, but don't count traditional TV out. Indeed, OTT uptake appears to be additive to the TV experience.

"Over 50% of US broadband households have at least one TV series that they 'never miss,'" said Glenn Hower, research analyst at Parks Associates. "Offering multiple content options is increasingly important as more consumers turn to connected CE and mobile devices for their video, audio, and other media needs. We see considerable demand for the functions created by cloud solutions."

From the article "More than half of Americans subscribe to OTT" by Michelle Clancy.

Previously In The News

Pay-TV services in Brazil are hot, hot, hot

Parks Associates' latest global research finds that overall, Brazil is outpacing Russia, China, and India in its growth rate for pay-TV subscriptions. During 2011, pay-TV service subscriptions in B...

Escalating mobile video usage will force operator investment in 2012

"Smartphone user growth translates into skyrocketing mobile data usage, which will test network capacity as well as pricing power of the operators," noted Parks Associates. Parks Associates not...

Video services, pay-TV and OTT set for big change

Consumer viewership of online video has dramatically increased in the past few years, and this trend will continue in 2012, according to a research note from Parks Associates. Parks said that this...

Pay-TV operators gear up to challenge Netflix

Pay-TV operators, with content relationships firmly in place, are in a good position to leap into the breach with a service that provides streaming, access to Web and cloud-based services via new a...