Providing Market Intelligence for 40 Years

In The News

Social Platforms Are Moving Onto TV Screens—Industry Experts Explain Why

The shift is already underway. Social video is now the second-most-watched video type on TVs, according to research from Parks Associates.

Jennifer Kent, SVP and principal analyst at Parks Associates, said this trend is blurring the lines between traditional video media and social video strategies, particularly as YouTube, Instagram and TikTok push for more TV-based viewing.

Kent added that this also correlates with the growth of the creator economy, as traditional media companies partner with creators or launch initiatives dedicated to creator content. Amazon MGM Studios, for example, has collaborated with popular creators like MrBeast on projects such as Beast Games to produce more premium programming. YouTube has also announced efforts to introduce more episodic formats for creator content.

“Lines are blurring all over,” Kent said. “Everybody on the big screen wants to mimic what’s happening on social media, and everyone on social media wants to be on the big screen.”

She added, “The important impact of all of these social video platforms coming to the big screen is the way that they are raising expectations for everybody else that’s on the big screen—to be more interactive, to be more creative with formats, to engage with new creators that can speak to audiences in different ways.”

From the article, "Social Platforms Are Moving Onto TV Screens—Industry Experts Explain Why" by Saleah Blancaflor

Previously In The News

HBO Max debuts without the two most popular streaming platforms, Roku or Amazon

Roku and Amazon are the two largest streaming platforms, by far, with a combined 33% market share, according to Parks Associates, and Max isn't available on either. It is viewable on the two way small...

Sensory Powers New Voice-Enabled Farberware Microwaves

“Smart appliance adoption is growing among US broadband households. Thirteen percent of US broadband households now own a smart appliance and smart microwaves are a leading category. Voice control is...

Research: Parks Associates Explores Consumer Adoption Of Energy Management Solutions

A new white paper from Parks Associates, Home Energy Management: Driving Consumer Engagement and New Revenue, reveals 20 percent of U.S. broadband households report the Covid-19 pandemic has increased...

Research: Sony’s Share Of Smart TV Purchases Grew In 2021

Parks Associates shares its latest Consumer Insights Dashboard, which tracks adoption, purchases, and demand across most common consumer electronics products “Samsung continues to lead smart TV ado...