Providing market intelligence for more than 35 years

Yahoo! Finance & News

New service wants to see if you'll pay for your YouTube favorites

The biggest question for Vessel, though, is how many of the people who like to watch short videos are the kind of people who will pay $3 a month for early access. "The real challenge for Vessel will be to develop a following of consumers that find it valuable to return to the service day after day or week after week,” says Brett Sappington, director of research at Parks Associates, which surveys online viewers regularly. "They have to have enough new content to keep folks coming back."

Vessel won’t benefit from one of YouTube’s greatest strengths, the incredibly viral spread of popular videos, Sappington warns. "While a video can go viral on YouTube and can be watched by anyone, Vessel's pay wall will likely prevent a video from being watched by anyone that is not a subscriber,” he says.

From the article "New service wants to see if you'll pay for your YouTube favorites" by Aaron Pressman.

Previously In The News

Report: Apple is developing smart home devices

For example, research by Parks Associates published in June shows that 43 percent of US homes with a broadband internet connection are already willing to invest in a smart home package if it offers...

Roku 3 tops Amazon Fire TV, Apple TV, and Chromecast in streaming player shootout

If you don't have an Internet-connected TV, or the one you have isn't able to access some services you'd like to use, you may be considering a stand-alone streaming media player. That's no surprise...

Apple Unveils Watch, Bigger-Screen IPhones in Product Blitz

According to Parks Associates, 2.8 million so-called smart watches were sold last year, along with another 13.6 million fitness tracking devices. From the article "Apple Unveils Watch, Bigger-S...

Apple could offer loyalty rewards for mobile payments

“It’s a technique worth trying,” says Jennifer Kent, a senior analyst at market researcher Parks Associates. “Mobile payments have had a difficult time getting traction with consumers.” A possi...