Forecast: Digital Video Viewing to Top Traditional TV in US

A Netflix logo is pictured in Los Angeles, California, US, September 15, 2022. (Reuters)
A Netflix logo is pictured in Los Angeles, California, US, September 15, 2022. (Reuters)
TT

Forecast: Digital Video Viewing to Top Traditional TV in US

A Netflix logo is pictured in Los Angeles, California, US, September 15, 2022. (Reuters)
A Netflix logo is pictured in Los Angeles, California, US, September 15, 2022. (Reuters)

For the first time ever, US adults will spend more time this year watching digital video on platforms such as Netflix, TikTok and YouTube than viewing traditional television, Insider Intelligence forecast on Wednesday.

In the historic first, the market tracker expects "linear TV" to account for less than half of daily viewing, dropping to under three hours while average daily digital video watching climbs to 52.3 percent with 3 hours and 11 minutes.

"This milestone is driven by people spending more and more time watching video on their biggest and smallest screens, whether it's an immersive drama on a connected TV or a viral clip on a smartphone," Insider Intelligence principal analyst Paul Verna said in a release.

"Given teens' preferences for social and streaming video over TV, we can expect these trends to continue to shift in favor of digital."

Netflix and YouTube are "neck and neck" leaders when it comes to digital video audience attention, with US adults tuning in for about 33 minutes daily on average at each platform, according to Insider Intelligence.

Live sporting events becoming available on video streaming platforms is also helping power the shift away from traditional television, as is the popularity of shared video clips on apps, the market tracker said.

TikTok is a key driver with the average amount of time spent there daily by US adults climbing sharply, according to Insider Intelligence.

"TikTok versus Netflix will be a major trend to watch this year," said Insider Intelligence principal analyst Jasmine Enberg.

"The lines between social and entertainment have blurred, and TikTok is now coming for the bigger-screen video players."

TikTok CEO Shou Zi Chew will testify in March before US lawmakers in Washington, where the Chinese social media app faces accusations that it is beholden to the Communist Party in Beijing.

TikTok, whose parent company ByteDance is Chinese, is fighting for survival in the United States with rising calls from mainly Republican lawmakers that the company should be outright banned because of its alleged links to Beijing.

Insider Intelligence noted that while Twitter is not primarily a video platform, overall time spent on the platform by US adults is expected to drop this year and next year as its ranks of users decline.

"The problem is that Twitter's efforts to encourage more original videos, from Vine to Fleets, have so far been unsuccessful," Enberg said.

"Twitter owner Elon Musk's attempts to bring more video to the app, including potentially incentivizing YouTube creators to post to Twitter, will be futile at improving time spent among all US adults unless he also manages to stave off a user decline."



‘Wicked’ Director Wants Fans to See Characters Soar

“Wicked” director Jon M. Chu, Cynthia Erivo, and Ariana Grande attend as Universal Pictures presents a special New York City “Wicked” Screening at Metrograph on Dec. 03, 2024, in New York City. (Getty Images for Universal Pictures/AFP)
“Wicked” director Jon M. Chu, Cynthia Erivo, and Ariana Grande attend as Universal Pictures presents a special New York City “Wicked” Screening at Metrograph on Dec. 03, 2024, in New York City. (Getty Images for Universal Pictures/AFP)
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‘Wicked’ Director Wants Fans to See Characters Soar

“Wicked” director Jon M. Chu, Cynthia Erivo, and Ariana Grande attend as Universal Pictures presents a special New York City “Wicked” Screening at Metrograph on Dec. 03, 2024, in New York City. (Getty Images for Universal Pictures/AFP)
“Wicked” director Jon M. Chu, Cynthia Erivo, and Ariana Grande attend as Universal Pictures presents a special New York City “Wicked” Screening at Metrograph on Dec. 03, 2024, in New York City. (Getty Images for Universal Pictures/AFP)

Jon M. Chu, the director behind the musical film "Wicked", felt pressure from both himself and the rest of the team at Universal Pictures to make a masterpiece.

"For ourselves to fulfill the promise that we had to these characters when we first walked into this, I'm really excited," he told Reuters. "We love the show. We love these characters."

"Wicked", based on the Broadway musical hit that tells the story of a green-skinned student of magic who becomes the Wicked Witch of the West, pulled in $114 million at US and Canadian theaters, and $50.2 million in international markets during the Nov. 22 opening weekend.

Starring Ariana Grande and Cynthia Erivo, the movie is the first installment of a two-part film adaptation of the multi-Tony award-winning Broadway musical of the same name based on the 1995 novel by Gregory Maguire, which is based on the 1939 film "The Wizard of Oz."

The first installment of "Wicked: Part 1" was written by Winnie Holzman and Dana Fox, with songs from renowned composer Stephen Schwartz.

The fantasy-musical movie also stars Jonathan Bailey, Ethan Slater, Bowen Yang, Marissa Bode, Peter Dinklage and Michelle Yeoh.

The story follows Elphaba played by Erivo, an outcast young woman because of her green skin, and Galinda played by Grande, a popular young woman, who become friends at Shiz University in the mystical land of Oz. After meeting the Wonderful Wizard of Oz, their friendship is met with unforeseen challenges.

Chu views the film as an opportunity to normalize Hollywood's diverse talent, as the film includes actors of color, actors with disabilities, and other historically underrepresented groups.

Making the movie with "real" and "authentic people" in the lead roles was never a question for him.

"To me, it was normalizing this stuff. We don't even have to make it a huge conversation. It just is," he added.

Following the success of "Wicked," Chu teases that the second installment of the film will not disappoint.

"If you think you saw everything of Cynthia and you think you saw everything of Ariana, just wait, because the best is yet to come with them. It is juicy and yummy and all the things. I think people will be satisfied with where we end up."

"Wicked," distributed by Universal Pictures, will be available for at-home streaming that can be purchased digitally on December 31.