Nearly half—49%—of all young adults don’t subscribe to a pay TV service, according to new data from Adobe.
"Younger viewers are a driving force behind multiscreen TV, forgoing pay-TV packages,” Adobe said. “They consume more content and multiscreen experiences are becoming second nature.”
Adobe says these 18- to 24-year-old cord cutters and cord nevers spend 54% of their total TV time watching over-the-top TV. Those young adults average 11.2 hours per week streaming video on their smartphones. Adults over 65 stream about 6.7 hours of video on their phones.
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Among all adults, about 30% do not subscribe to a pay TV service, and they spend about 42% of their total TV time watching OTT.
Half of the people who subscribe to a streaming service report binge watching on a weekly basis. The service with the most frequent binging was CBS All Access.
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About one in three viewers switch devices while streaming video—from TV to PC or mobile or vice versa.
Meanwhile 82% of video streamers subscribe to a subscription VOD service, with 91% of 18 to 34 year olds subscribers.
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Not surprisingly, Netflix is the most popular, followed by Amazon Prime and Hulu Plus.
Free services are used by 88% of video streamers. The most popular service is YouTube.
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82% of video streamers watch on a home TV, with smart TVs and game consoles the most popular devices, Adobe said.
