Biggest Benefit of TV Everywhere Is Increased Value of Broadband, Survey Says
In today’s television ecosystem, consumers are demanding more flexibility across multiple screens. To address how companies are responding to this trend, Cablefax partnered with Adobe Primetime on a survey–“Cablefax and Adobe Survey: TVE, OTT and You”–about TV Everywhere’s challenges and benefits as well as the industry’s take on over-the-top outlets.
TV Everywhere’s biggest benefit, according to 38.13% of those surveyed, is the increase in value of the broadband product. 21.88% said it mostly reduces churn, 12.50% said it increases ARPU and 28.75% responded that helps their companies compete with OTT players like Netflix. The service’s biggest challenge, meanwhile, is educating consumers (36.25%), followed by increasing available TVE content and negotiations between distributors and programmers (23.13% each) and improving the log-in experience (18.75%).
Where are consumers watching this TVE content? The most important second-screen device was the tablet (44.38%). 28.75% said it was the smartphone, 13.13% said a smart TV or box, 8.75% responded that it was the computer and 5% answered gaming console. 1.25% said it was none of these choices.
On the topic of dynamic ad insertion, 36.25% of respondents said it is very important to their company’s monetization strategy in 2015. 30% of respondents found it somewhat important and 35% of respondents said it was either invaluable or not at all important.
When it comes to staffing, linear and digital ad sales channels tend to be under one roof (46.25%). 16.88% of respondents said they’re separate departments, 17.50% said they’re separate but with some coordination and 20.63% answered “other.”
Lastly, on the integration of OTT players into the set-top navigation experience, 67.51% said it was either very important or important. 19.38% said it was somewhat important, 6.25% called it unimportant and 7.50% said it is harmful to the TV ecosystem.