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The average American watches more than five hours of TV per day, but pretty soon that leisure time may be dominated by YouTube and other online video services.
In an address at CES 2016, YouTube's chief business officer Robert Kyncl argued that digital video will be the single biggest way that Americans spend their free time by 2020 – more than watching TV, listening to music, playing video games, or reading.
The amount of time people spend watching TV each day has been pretty steady for a few years now, Mr. Kyncl pointed out, while time spent watching online videos has grown by more than 50 percent each year. Data from media research firm Nielsen shows that it's not just young people watching online videos, either: adults aged 35 to 49 spent 80 percent more time on video sites in 2014 than in 2013, and adults aged 50 to 64 spent 60 percent more time on video sites over the same time period.
Why the shift?
(Score: 3, Insightful) by Celestial on Wednesday January 13 2016, @05:54PM
Bingo. I live in a condominium, and the condominium association has an agreement with Comcast cable. Thus, they are the only Internet provider option I have. I can't even get DSL as I live too far from the nearest telco office. Anyway, Comcast is starting to enforce their monthly data caps of 300 GB, which you can exceed for $10 per additional 10 GB. How generous of them. With the astronomical size of 4K with HDR movie and television content, the only real option I have to watch it is by renting or purchasing and viewing Ultra HD Blu-Ray discs.