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

TV Everywhere fails as a retention strategy in US

Adoption and ARPU for three-screen (TV/PC/cell phone) subscription video packages, including single-play services, bundled packages and stand-alone OTT services is on the rise, according to new res...

The jury is out on 3G tablet sales

Other firms are forecasting robust growth for 3G-enabled tablets. Parks Associates sees sales of tablet computers accelerating as the number of global 3G and 4G wireless subscribers grows. Earlier...

TV Everywhere spreads across Europe

Following its increasing adoption in the US, the concept of TV Everywhere is now proliferating across Europe according to new research by Parks Associates. The analysts found that households in...

81% of N. American pay-TV subs have TV Everywhere capability

Even though TV Everywhere is still very much immature, even in North America, research from Park Associates calculates that by mid-2011 the concept will be available to 81% of subscribers in the re...