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Brace yourself. According to a new report by Accenture, the number of consumers watching broadcast or cable TV in 2011 in an average week was just 48%. That number is down from 71% just two years earlier in 2009. (The survey includes an international sample, drawing data from the United States, France, Japan, China, and India.) What is driving the change? According to the same study, one third of the consumers watch video content on their personal computers, and one out of ten watch video content on smartphones. Clearly, streaming video is one of the primary forces behind this change, but it also appears to signal a shift that I’ve been talking about for years. It seems that the traditional group activity of watching television is transforming into a solo activity done on a personal device. We’ve already seen this shift dominate the music business; how much time do you spend listening to music with other people, compared with the amount of time you spend listening through earphones? This has some serious implications for the television industry. Are people going to stop putting a large screen in their living room or other central location? Accenture’s report indicates that this may be the trend. Only 20% of consumers indicated that they intend to buy an HDTV (of any size) in 2012, which is down from 25% last year. Yes, it’s likely that the market is fairly saturated at this point and the economy has people budgeting a bit tighter, but this is still a large drop. We’ve already seen other research indicating that people are looking at their laptops, tablets, and smartphones at the same time that they are “watching” a large screen television. It remains to be seen whether this is just an infatuation with our connected gadgets or a true signal that we are privatizing our entertainment experiences, but it could be that these changes could have a profound effect on the consumer electronics market. I write about lots of different technology stuff that I find interesting; please consider following me on Twitter: @AlfredPoor. Posted by Alfred Poor, January 17, 2012 5:00 AM Reader Commentaryeliwhitney • Jan 17, 7:16am Good morning, alfredpoor ... Another very intriguing "POST" ..... just "perhaps" ... this very tiring ~ ~ since ~ ~ 2007 or thereabouts Global Recession / Financial Disaster is also revealing yet another side ??? E.G. - when it come down to "Paying Our ~ $125 / monthly Cable Convenience Billing verses Others .... guess Which One will loose, of necessity and Common Sense!! ..And yet, MY COX Service continues to "Climb & Climb" relentlessly!! ... just as "IF" we were at the very start of that old, "Internet" Boom of some two decades or so ago! eli... alfredpoor • Jan 20, 2:41pm
Thanks for the kind words, Eli, and I feel your pain about cable bills. The subscription television services are caught between a rock and a hard place. If they continue to charge by the bundle, then they risk losing subscribers (which is already happening by the carload). If they go to a la carte pricing for each individual channel, nobody will pay for the junk channels and the service revenues will collapse. This will make it difficult for them to maintain their infrastructure -- let alone expand it -- and there will be less money for many of the content producers, so the amount of programming available will decline. The wild card here is over-the-top streaming over the Internet. Already, Hulu and Netflix have made a huge difference in the way that a significant number of American households watch television. Other similar changes are on the way. And this streaming is generating a lot of revenue, so the content producers can't just ignore them and hope that they will go away; as th... More from Alfred Poor
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About Alfred PoorAlfred Poor is a well-known display industry expert, who writes the daily HDTV Almanac. He wrote for PC Magazine for more than 20 years, and now is focusing on the home entertainment and home networking markets. |
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