Streaming, Broadcast Gain Share As TV Usage Grows 2.2% In October
Nielsen says cable’s share drops to 21.9%
TV usage rose 2.2% in October, with streaming and broadcast increasing their share and cable falling to a new low, according to Nielsen’s latest monthly report.
Total viewing was up 2.8% from a year ago in October.
Broadcast viewing increased by 9.8% from September, and its share grew to 26% from 24.2%. With the new TV season in full swing, viewing of shows in the general drama category jumped 42% and sports viewing climbed 25%. Drama represented 27% of broadcast usage and sports accounted for 25%.
Compared to a year ago, broadcast usage was down 6.2% and it lost 2.5 share points.
Streaming’s share edged up to a new record at 37.3% from 36.9% and usage increased 3.3% Streaming usage is up 35.1% from a year ago, when it had a 28.4% share.
October was a mixed month for individual streaming services. YouTube’s share jumped to 8.5% from 8% in September. Netflix’s share fell.to 7.2% from 7.3%.
Hulu rose to 4.0 from 3.8%; Amazon Prime Video dipped to 2.8% from 2.9%, Disney Plus rose to 2% from 1.9%, and HBO Max fell to 1.1% from 1.3%
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Pluto TV, which made the list for the first time in September for cracking the 1% share mark, stayed on the list in October, despite dipping to a 0.9% share.
Nielsen notes that despite slower viewing growth in October, most streaming services are still way up from last year. Viewing of Disney Plus is up 46.5% and its share increase to 2% from 1.4%. Netflix is up 9.1% in viewing and its share is 7.2%, compared to 6.8% and Prime Video is up 35% with its share growing to 2.8% from 2.1%.
Viewing of virtual multichannel video programming distributors represented 5.7% of total TV usage and 15.4% of streaming.
Cable’s share has dropped every month since March 2022, hitting 32.9% in October, compared to 33.8% in September. Compared to a year ago Cable viewing was down 8.6% and 4.1 share points. ■
Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.