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19% of US Broadband Homes Cancelled an OTT Video Service in the Past 12 Months

Parks Associates announced that the churn rate for OTT video services is 19% of US broadband households, indicating roughly one in five households have cancelled an OTT service in the past 12 months. The company's OTT Video Market Tracker service notes the overall churn rate for OTT services has been stable for the past year, with top services Netflix, Amazon, and Hulu all reducing their churn rates. At the end of 2015, 20% of US broadband households had cancelled at least one OTT video service in the past 12 months.

From the article "19% of US Broadband Homes Cancelled an OTT Video Service in the Past 12 Months" by www.vodprofessional.com

Previously In The News

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Creating Spotify for sports to counter piracy

Research from Parks Associates estimates that the cost of video piracy this year alone for pay-TV and OTT providers will be $9.1 billion in lost revenue. By 2024, that number will rise to $12.5 bil...

How fuboTV Plans to ‘Expand the Breadth of Sports’ to their Live TV Streaming Service

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Consumers’ Adoption Of Voice Assistants Doubled In Q1 – Here’s Why

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