Providing market intelligence for more than 35 years

Rapid TV News

More than half of US broadband households take OTT

A full 64% of US broadband households have an Internet-connected device, and 55% have an over-the-top (OTT) service subscription, according to research from Parks Associates.

The analyst said that OTT especially is an area poised for strong growth, especially following HBO's announcement that it will launch a stand-alone HBO Go service.

"The HBO OTT service announcement should not really be a surprise given the overall trends in the video service space," said Brett Sappington, director of research at Parks Associates. "HBO has been aggressive in the online space for some time, first testing a direct-to-consumer approach in Europe through HBO Nordic, its OTT video service offering. Competition in this space is set to increase massively as pay-TV providers, broadcasters, cable networks and other content producers introduce new OTT services."

From the article "More than half of US broadband households take OTT" by Rebecca Hawkes.

Previously In The News

Multiscreen services to reach over 100 million W Euro pay-TV subscribers by 2016

Pay-TV providers in Europe and Asia are faced with low ARPUs, growing competitive threats, and rival multiscreen services, driving many to explore new business strategies in video services, accordi...

Discounts and promotions bring cord-cutters back to pay-TV

New research from Parks Associates has found that promotions such as offering free or discounted premium channels are the most effective tool for pay-TV providers in luring back subscribers lost to...

Two-thirds of connected TV owners connecting

Over the last couple of years one of the strangest trends has been for connected TV owners not to plug in their devices, but this is no longer the case according to Parks Associates. The TV ana...

Tablet ownership set to skyrocket in 2013, driving video thirst

The number of US tablet users will increase by 61% from 2013 to 2014 to exceed 130 million in 2014, according to a white paper on multiscreen video strategies from Parks Associates and mPortal. And...