Providing Market Intelligence for 40 Years

In The News

Parks: 51% of Consumers Prefer Video Subscription Package That Includes Live TV

More than 27% of U.S. internet households prefer a live-TV bundle combined with their favorite streaming on-demand services, while 24% prefer a skinny bundle combined with their favorite streaming services, according to new data from Parks Associates

“Consumers are not necessarily choosing between live TV and streaming. Many want access to both in one package,” said Michael Goodman, director of entertainment research at Dallas-based Parks. “Providers have the opportunity to offer greater flexibility to their consumers while making it easier to access the content they value.”

Parks also found that 68% of streaming pay-TV subscribers (vMVPD subscribers), including consumers using services such as YouTube TV, Hulu + Live TV, Fubo, and DirecTV Stream, find the idea of a skinny bundle appealing.

Smaller channel packages combined with streaming services can provide a middle ground between traditional pay TV and streaming-only options, according to Parks.

“Skinny bundles offer providers an opportunity to address consumers who want to maintain access to live television but are increasingly sensitive to the cost and size of traditional channel packages,” added Goodman. “The strongest opportunity is retention. These packages can give existing subscribers another option before they decide to cancel service entirely.”

Parks Associates will host the webinar Streaming Video: Churn, Loyalty, and Competition on Sept. 24, featuring research from the recent Parks study and the Streaming Video Tracker, an ongoing service tracking 400+ streaming video services in North America.

The firm is also hosting its ninth annual Future of Video: Business of Streaming Nov. 17-18 in Marina del Rey, Calif.

From the article, "Parks: 51% of Consumers Prefer Video Subscription Package That Includes Live TV" by Erik Gruenwedel

Previously In The News

People are boycotting Disney, Hulu, and ESPN after ABC yanked Jimmy Kimmel off the air. Will it work?

Elizabeth Parks, president and chief marketing officer of Park Associates, said Disney’s biggest risk in the short-term is potentially losing advertisers, but large-scale subscriber losses for Disney+...

SimpliSafe to Join Everon Owner GTCR’s Security Holdings

GTCR’s deal for SimpliSafe is unpacked with analysis from Kirk MacDowell and Elizabeth Parks covering strategy, competitive responses and the shift toward add-on services and market adjacencies. El...

The Weekly Briefing: Market reports and high-tech grocery stores

Parks Associates appoints Cliff Raskind as consulting director and contributing analyst. The research firm, which focuses on the Internet of Things market, recently launched a consulting practice that...

Social video viewing reaches nearly five hours weekly on U.S. televisions

Social video now accounts for nearly five hours of television viewing per week, making up 20 percent of all video watched on TV, according to new research from Parks Associates. The findings, released...