Content sources proliferate for US consumers | Media Analysis | Business
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US consumers are becoming more and more overwhelmed by the proliferation of TV providers and content, especially when it comes to OTT services.

hub 23 may 2019That’s according to Hub’s newest study, The Best Bundle, which shows that the average viewer now watches TV content from 4.5 different sources: including traditional pay TV, streaming subscriptions (Netflix, Hulu, Amazon, YouTube TV, HBO Now, etc.) and free ad-supported platforms (Crackle, Pluto TV, Roku Channel, etc.).

Consumers 18-34 (5.5 sources) and households with kids (5.2) juggle even more sources of TV content.

A full 70% percent use at least one of the Big 3 (Netflix, Hulu or Amazon) – the same as last year. But the number who use more than one has risen seven percentage points.

Meanwhile, content overload will play a bigger role in whether consumers adopt new services (or keep the ones they have now). About a quarter (24%) say that “they already have too many TV services” and don’t intend to subscribe to new ones—up from 14% in 2018.

And more than a third (36%) say that before they sign up for anything new, they’d cancel an existing platform

“The TV landscape is approaching zero-sum status, with more consumers insisting they’d drop an existing service before adding a new one,” said Peter Fondulas, principal at Hub and co-author of the study. “That puts added pressure on all TV services – including those on the way from Disney, Apple, and WarnerMedia—to offer the type of value that consumers feel they can’t live without.”

“Viewers are watching content from more sources than ever,” said Jon Giegengack, also a co-author of the study. “That raises the bar for new platforms entering the market – but it’s a growing opportunity for platforms that can aggregate content from multiple sources. For consumers, simplicity is becoming a more important factor to consider.”