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Brightcove Inc. (NASDAQ: BCOV), the world’s leading video technology platform, today published the Brightcove Q2 2020 Global Video Index Entertainment and Media Edition, which found that OTT streaming of entertainment content continued to dominate, even as governments began loosening stay-at-home restrictions. The data suggests that consumers’ media consumption habits may be permanently shifting away from linear TV, cementing streaming as the go-to choice for entertainment viewing.” data-reactid=”20″>Brightcove Inc. (NASDAQ: BCOV), the world’s leading video technology platform, today published the Brightcove Q2 2020 Global Video Index Entertainment and Media Edition, which found that OTT streaming of entertainment content continued to dominate, even as governments began loosening stay-at-home restrictions. The data suggests that consumers’ media consumption habits may be permanently shifting away from linear TV, cementing streaming as the go-to choice for entertainment viewing.
PwC report found that 69% of video users in Australia under 45 years of age say mobile is their top choice for watching streaming video. Our data also supports that fact showing that smartphones – and now and connected TVs – are driving consumers to stream more content than ever,” said Jim O’Neill, Principal Analyst and Author of Brightcove’s Global Video Index. “There’s been a shift in entertainment video consumption, and streaming will now continue to grow and serve as the entertainment medium of choice during the pandemic and beyond.”” data-reactid=”26″>”A recent PwC report found that 69% of video users in Australia under 45 years of age say mobile is their top choice for watching streaming video. Our data also supports that fact showing that smartphones – and now and connected TVs – are driving consumers to stream more content than ever,” said Jim O’Neill, Principal Analyst and Author of Brightcove’s Global Video Index. “There’s been a shift in entertainment video consumption, and streaming will now continue to grow and serve as the entertainment medium of choice during the pandemic and beyond.”
Where consumers choose to view their content is also shifting. Connected TVs (CTVs) saw the most growth in Q2 (160% year-over-year), indicating a resurgence in larger screens as the viewing medium of choice for entertainment.
“2020 has become video’s evolutionary moment, and streaming entertainment video content is one area where we will continue to see growth,” said Jeff Ray, Brightcove CEO. “The crisis has impacted people at an emotional and financial level, making the need for human connection through video content more crucial than ever. We’re seeing this play out with the rise of streaming services subscriptions, indicating that the future of entertainment consumption lies in connected and mobile devices – linear television could soon be of the past.”
https://www.brightcove.com/en/video-index” data-reactid=”35″>To download the complete Brightcove Q2 2020 Global Video Index Entertainment and Media Edition inclusive of all data, visit: https://www.brightcove.com/en/video-index
https://get.brightcove.com/global-video-index-2020-q2/” data-reactid=”36″>To learn more about this quarter’s findings, tune into an exclusive webinar with Jim O’Neill on September 15th. To register, visit: https://get.brightcove.com/global-video-index-2020-q2/
Brightcove’s Global Video Index assesses more than 400 billion anonymized data points from Brightcove’s thousands of customers each quarter, drawing industry insights that can help guide strategic and tactical decisions for businesses of all sizes.
Brightcove Inc. (NASDAQ: BCOV) ” data-reactid=”39″>About Brightcove Inc. (NASDAQ: BCOV)
We are the people behind the world’s leading video technology platform. With our award-winning technology and services, we help organizations in more than 70 countries meet business challenges and create strategic opportunities by inspiring, entertaining, and engaging their audiences through video.
www.brightcove.com.” data-reactid=”41″>Since Brightcove was established in 2004, we have consistently pushed boundaries to create a platform for people who are serious about video: one that is robust, scalable, and intuitive. Benefiting from a global infrastructure, unrivalled customer support, an extensive partner ecosystem, and relentless investment in R&D, Brightcove video sets the standard for professional grade video management, distribution, and monetization. To learn more, visit www.brightcove.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200818005471/en/” data-reactid=”42″>View source version on businesswire.com: https://www.businesswire.com/news/home/20200818005471/en/
relfverson@brightcove.com” data-reactid=”44″>Rebecca Elfverson
Field Marketing Manager
Brightcove | 61 (0) 417 655 404
relfverson@brightcove.com
mduhaime@brightcove.com” data-reactid=”45″>Meredith Duhaime
Senior Public Relations Manager
Brightcove | 603-785-8518
mduhaime@brightcove.com
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