• Live TV Is For Old People: Time Shifting And Online Make Up Nearly Half Of All Viewing

    Monday, August 30th, 2010

    Erick Schonfeld is a technology journalist and the former Editor in Chief of TechCrunch. At TechCrunch, he oversaw the editorial content of the site, helped to program the Disrupt conferences and CrunchUps, produced TCTV shows, and wrote daily for the blog. He joined TechCrunch as Co-Editor in 2007, and helped take it from a popular blog to a thriving... → Learn More

    Between online video, DVRs, and on-demand cable the amount of time people spend watching live TV (you know, with all of those commercials that advertisers spend $70 billion a year on) is shrinking fast. Only 52 percent of American’s viewing time is spent on live TV compared to online and time-shifting alternatives, according to a new survey of 1,000 American consumers by market research firm Morpace. And that percentage decreases the younger the audience, with the key 18-to-34-year-old demographic watching live TV only 41 percent of the time, versus 64 percent of the time for those 55 and older.

    The alternatives to live TV are growing and basic cable is under assault, but no one single competing technology is taking over. People watch DVDs 14 percent of the time, online (including streaming video from services like Netflix) 13 percent of the time, saved programs on their DVRs 12 percent, and on-demand cable 6 percent. The survey breaks down online viewing into video from online sources like YouTube (9 percent) and streaming video from services like Netflix and Hulu (4 percent). For 18-to-34-year-olds, online video makes up 16 percent of their viewing time, and streaming video makes up another 7 percent.

    Those numbers are the share of all viewing time devoted to different channels. The share of audience who views ate least some online video is much larger. Half of all people surveyed (51 percent) watch at least some online video, and 23 percent watch at least some Netflix-like streaming video from the Internet.

    One of the major reasons viewing habits are changing is because people are watching video on a lot of different devices. While 96 percent of respondents watch TVs, 59 percent use at least one other media-viewing device. These include laptops (40 percent), desktop computers (36 percent), mobile phones (9 percent), dedicated media players (8 percent), netbooks (4 percent), and tablet computers (2 percent).

    Company: YouTube
    Website: youtube.com
    Launch Date: February 2005
    Funding: $11.5M

    YouTube provides a platform for you to create, connect and discover the world’s videos. The company recently redesigned the site around its hundreds of millions of channels. Partners from major movie studios, record labels, web original creators, viral stars, and millions more all have channels on YouTube. YouTube is predominantly an ad-supported platform, but also offers rental options for a growing number of movie titles. YouTube was founded in 2005 by Chad Hurley, Steve Chen and Jawed Karim, who...

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    Company: Netflix
    Website: netflix.com
    Launch Date: 1997
    IPO: NASDAQ:NFLX

    With more than 23.3 million members in the United States and Canada, Netflix, Inc. is the world’s leading Internet subscription service for enjoying movies and TV shows. For $7.99 a month, Netflix members in the U.S. can instantly watch unlimited movies and TV episodes streaming right to their TVs and computers and can receive unlimited DVDs delivered quickly to their homes. In Canada, streaming unlimited movies and TV shows from Netflix is available for $7.99 a month. There are...

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    Company: hulu
    Website: hulu.com
    Launch Date: March 1, 2007
    Funding: $100M

    Founded in March 2007, Hulu is operated independently by a dedicated management team with offices in Los Angeles, New York, Chicago, Seattle and Beijing. NBC Universal, News Corporation, as of April 2009, Disney, Providence Equity Partners and the Hulu team share in the ownership stake of the company. Hulu is an online video service that offers a selection of hit shows, clips, movies and more at Hulu.com, numerous destination sites online, and through the ad-supported subscription service, Hulu Plus. Hulu...

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