Apr 25, 2014

Cutting the Cord

A recent report from iKids Weekly says the U.S. population of “cord-cutters” grew by 44% between 2010 and 2013.

There are over 7.6 million households using high-speed internet for streaming or downloading videos today instead of watching traditional cable or satellite television, up from 5.1 million homes in 2010.

The percentage of these households grew from 4.5% to 6.5%, a relative increase of 44%.  Users of Netflix and Hulu are the most likely to be cord-cutters, the study found.
 
A third of Americans live in households with internet-connected TVs, giving them the option to stream or download video to the television either directly or with devices such as Kindle Fire TV.

48% of all US adults and 67% of young adults watch streaming or downloaded video during a typical week.  Mobile devices are the preferred platform for that activity, with 24% of all adults and 42% of smartphone owners watching streamed or downloaded video each week.

Video viewing on a smartphone jumps after the work day ends, with the most viewing occurring between 8 p.m. and 9 p.m.

While smartphone video viewing generally is lower during the day, there is clear evidence of a video “lunch” and a late-afternoon video “snack” break when smartphone video viewing spikes, especially among young adults.

The top three video properties across desktops and smartphones are YouTube, Netflix and CNN.

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