More than 50% of consumers 12+ rent or buy digital movies, TV

September 3, 2015 | By More

More than half of all U.S. consumers aged 12 and above bought or rented movies or TV shows digitally in the past six months, a new report says.

And, said Nielsen’s Home Entertainment Trends Report, consumers say that more of their digital viewing time is happening with subscription video services like Netflix, Hulu and Amazon Prime Instant Video.

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Consumers say 19% of their total viewing hours over the past week were spent on digital content, including 10% on subscription streaming movies, 4% on TV/movies owned digitally, 4% on cable video on demand and 1% on movies rented digitally online for a one-time fee.

Comparatively, consumers reported spending only 11% of their entertainment hours on physical content. The remaining viewing hours were spent on activities, such as watching live and time-shifted TV, playing video games or watching movies in theatres.

Surprisingly, expenditures on physical media – buying or renting DVDs – are about twice as high as on digital media, with some groups, notably males under the age of 35, spending heavily on physical rentals and purchases.

But the tide running toward free and SVOD TV content looks to be accelerating, Nielsen said, as consumers on the whole indicated a rising preference in both over going to the movie theater or even watching movies in general, which is more bad news for theaters and studios.

Nielsen’s 2014 Moviegoing Report, showed that although 77% of U.S. moviegoers saw at least one movie in a theater last year – similar to movie attendance in 2013 — their frequency of going has declined slightly to 7.3 films in 2014 from 7.7 films in theaters in 2013.

Stay tuned.

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Category: COLUMNS

Jim ONeill

About the Author ()

Jim O’Neill has been a business journalist since 1992, and has been writing about the digital media industry since 2007. He formerly was the editor of industry journals FierceIPTV and FierceOnlineVideo, and has worked as an industry analyst for international research firm Parks Associates. He currently is CEO and Editor of theConvergence.tv, a newsletter that takes a deeper look at the trends and happenings in the digital media industry, and continues writing research and white papers on a variety of topics in the sector. He can be reached at jim@theconvergence.tv

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