- Streaming has surpassed the combined viewing of broadcast and cable TV for the first time, representing 44.8% of total TV viewership.
- This shift highlights the growing dominance of streaming platforms in the media landscape.
What happened: Streaming overtakes broadcast and cable TV viewing in May
Streaming has officially surpassed the combined viewing share of broadcast and cable television for the first time, according to a recent Nielsen report. In May, streaming accounted for 44.8% of total TV viewership, while broadcast and cable made up 44.2%. This milestone reflects a significant shift in viewing habits, driven by the popularity of free ad-supported channels, the rise of YouTube, and the transformation of traditional media companies.
YouTube alone represented 12.5% of all television viewing, marking its fourth consecutive monthly increase. Over the past four years, streaming has surged by 71%, while broadcast and cable viewing has declined by 21% and 39%, respectively. This change highlights the growing dominance of streaming platforms in the media landscape.
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Why it’s important
The surpassing of traditional media by streaming services marks a pivotal moment in the entertainment industry. As consumers increasingly favour on-demand content, legacy media companies face mounting pressure to adapt. The rise of free ad-supported streaming services, or FAST channels, has made significant contributions to this shift, attracting viewers who prefer cost-effective options. Platforms like Pluto TV and Tubi have gained traction, collectively accounting for 5.7% of total TV viewing.
Moreover, YouTube’s impressive growth illustrates how digital platforms are reshaping viewer preferences. Traditional networks are beginning to embrace streaming, integrating their offerings to maintain relevance. For instance, major events like the Super Bowl have been broadcast on both traditional and streaming platforms, reflecting this new hybrid approach.
This transformation is not merely a trend; it signals a fundamental change in how audiences consume content. As streaming continues to evolve, its influence will likely shape the future of entertainment, prompting further innovation and competition among providers. Viewers can expect more tailored content and enhanced experiences as companies strive to capture this growing audience.
