IBM: Online vid chips away at couch potatoes
EmptyMore evidence that online video is cannibalizing television consumption is due today, courtesy of an IBM study. Plus, online viewers don't mind the commercials too much.
After polling 2,800 people in six countries, IBM says that 76% have viewed video online and 45% do so regularly. Of those who have watched online video, 15% say that as a result they watch "slightly less" TV, while 36% said they watch "significantly less" TV.
"Place-shifting alternatives may be changing consumer couch-potato behavior," according to the study.
Of those who watch online video, 70% prefer the ad- supported model over consumer-paid models. They specify, though, that they prefer watching a commercial before or after an uninterrupted online video, and they're not crazy about product placement.
Almost 60% of the respondents said they were willing to provide to advertisers personal information in exchange for something of value, such as access to high-quality music videos, store discounts or airline frequent-flyer points.
"The industry must find appealing ways to monetize new content sources or risk a similar fate as that of the music industry where value shifted away from core players," said Saul Berman, the study's co-author.