Linear TV Loses Ground to Streaming in February
Despite the hype and action of the Super Bowl, traditional linear TV services continued to lose ground against streaming services in February. Brandon Blake, our expert entertainment lawyer Los Angeles from Blake & Wang P.A., takes a closer look at the figures.
Below 50% of the Market
In February, cable and
broadcast services accounted for just 44% of all TV usage, a further slip from
its January totals. This was despite their being record-making audiences for
the Super Bowl, one of the highlights of the live sports calendar and traditionally
a big moment for linear services.
Ironically, the Super Bowl
this year drove one of Nielsen’s biggest single days in the history of their
Gauge reports. Pulling in over 110B (yes, billion) minutes of viewing for the
match, we also saw Tubi rise in prominence thanks to Fox’s live sports
streaming deals.
With the football season
ending, linear services always lose some traction, as live sports access
remains one of the few draw cards keeping linear services relevant to modern
audiences. To put this in perspective, however, consider that streaming alone
(43.5%) almost matched the combined
totals for both cable (23.3%) and broadcast (21.2%).
YouTube Sees a
Surprising Rise
Surprisingly, YouTube rose
to the No. 1 spot with an all-time monthly high (11.6%), over a quarter of
total streaming use on the latest Gauge report. Netflix came in at No. 2, with
8.2% of TV use. Disney, unsurprisingly, won the bronze medal, with 4.9% of the
total viewing.
Behind them came, in order,
Prime Video (3.5%), Roku Channel (2.1%), Tubi (2%), Peacock (1.5%), Paramount+
(1.3%), and Max (1.2%). Pluto TV just managed to score itself a separate
waiting, with exactly 1%, and the remainder of Nielsen’s tracked streaming
services making up the final 6.2%.
With streaming now poised to
take the lead as our primary means of accessing entertainment, the future of
linear and cable services is looking shaky. This could be the make-or-break
year for linear TV, indeed.
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