Select Page

tdg-svod-relevance-millennial-cord-nevers-sept2016Research has shown several times that subscription video-on-demand (SVOD) services tend to act as a complement to – rather than a replacement for – pay-TV. However, with a sizable share of Millennials identifying as cord-nevers (having never subscribed to pay-TV), new research from The Diffusion Group (TDG) finds that SVOD services are indeed having an impact.

In its survey of 999 Millennial (20-35) cord-nevers, TDG found around 3 in 4 saying that being “fine with subscription services like Netflix or Hulu” was relevant in their decision to forego legacy pay-TV. In fact, respondents were about 7 times more likely to say that these services were “extremely relevant” (49.2%) than of no relevance (6.8%) at all in their legacy pay-TV decision.

[SPONSORED – Free White Paper: How Cable Operators Can Respond to Competition From OTT Players]

Separately, results from the study indicate that about 81% of Millennial cord-nevers use SVOD services. Among these, more than 9 in 10 feel that those services are enough to meet their video needs.

Recent research from Nielsen indicates that streaming video services hit a new milestone in Q1 2016, reaching half of US households, on par with DVR penetration.

About the Data: The results are based on a TDG survey of almost 1,000 adult broadband users in the US aged 20-35 who have never subscribed to pay-TV.

Feel Like You're Always Playing Catchup?

Stay ahead of the curve with our free newsletter. It’s fast. It’s factual. And it’s clear

marketing charts logo

Error: Please enter a valid email address

Error: Invalid email

Error: Please enter your first name

Error: Please enter your last name

Error: Please enter a username

Error: Please enter a password

Error: Please confirm your password

Error: Password and password confirmation do not match

Pin It on Pinterest

Share This