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PRESS RELEASE

7 NOV 2005

 

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Music Videos Rocking the Market for Portable Video Downloads

Teens in particular will gravitate toward music videos and shorter pieces of content for mobile phones and portable media devices

U.S. consumers, teenagers in particular, show distinct preferences for short, easily consumable content, including music videos, TV sitcoms, and movie trailers, when it comes to portable streaming video and downloads, according to Mobile Entertainment Platforms and Services, a new study from Parks Associates.

Chief among the favored content are music videos, which received strong interest from 15% all U.S. Internet households and 38% of teenagers. The strength of this content in a portable video context validates the early efforts of such players as Apple Computer Inc., which has started deploying short, targeted videos to complement its existing iTunes® music service. Further, as a growing number of existing television providers – including major cable operators – seek to enhance their offerings, they may augment their deployment with these types of mobile video content. These findings, according to Parks Associates’ analysts, may augur well in light of last week’s news that Sprint Nextel Corp. will support major cable operators in their efforts to provide mobile video content to their subscribers.

“The value of the mobile video experience will emerge through enhancements to existing services,” said Kurt Scherf, vice president and principal analyst at Parks Associates. “As early results from the Apple video experiment have shown, consumers are reacting well to the notion of music videos that complement iTunes audio tracks. The value of mobile content from the cable providers’ perspectives will be in instant access to sports highlights, news, and perhaps movie previews, services that will enhance both their multichannel and standard on-demand offerings.”

From November 9-11, 2005, at the Fairmont San Jose, Parks Associates is hosting Fall Focus: Making Media Meaningful. This executive conference examines new usage scenarios for both commercial and self-created content, including consumer drivers and the enabling technologies. Specific sessions, keynote addresses, and the Leadership Roundtable will focus on such subjects as the role of traditional media players in an on-demand world, the changing face of advertising, the outlook for portable media and devices, interactive and enhanced television applications, and user interfaces for finding and interacting with content.

Mobile Entertainment Platforms and Services surveyed more than 2,000 U.S. Internet users (including teenagers) regarding their ownership, usage, and interest in different mobile/portable entertainment platforms and services. The study provides detailed cross-tabulation, factor analysis, and cluster analysis.

For more information on Mobile Entertainment Platforms and Services, visit http://www.parksassociates.com or contact 972-490-1113 or sales@parksassociates.com. For more information on Fall Focus: Making Media Meaningful, visit http://www.fallfocus.com.

About Parks Associates: Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company's expertise includes new media, digital entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, consumer electronics, and home control systems and security.

Each year, Parks Associates hosts executive thought leadership conferences CONNECTIONS™, with support from the Consumer Electronics Association (CEA®), and CONNECTIONS™ Europe. In addition, Parks Associates produces the online publication Industry Insights in conjunction with the CONNECTIONS™ Conference series.

http://www.parksassociates.com | http://www.connectionsconference.com | http://www.connectionseurope.com | http://www.connectionsindustryinsights.com

 

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