Gavin Malley, in the Online Media Daily newsletter from Media Post News looks at the implications of the growth of online video, which has gone from zero to mass market globally in three years. “Online video,” says Malley, “is the fastest-growing media platform in history, according to a report from social media research consultancy Trendstream and research firm Lightspeed.”
Malley goes on to say: “In one week in January, 97 million Americans viewed a streaming clip online — as many as are tuning into any major broadcast network — according to a recent survey of 1,000 U.S. active Web users ages 16-65. With 72% of U.S. Web users watching clips online, Web video outstrips both blogging and social networking, and is now the leading “social-media platform.”
The “broadcast mode is dead,” said Tom Smith, managing director of Trendstream. “Now is the time for co-creation, user distribution and a true democratization of video content.”
The Trendstream/Lightspeed report also notes the power of interactivity that online video affords. In January 2009, 39% of respondents shared a clip online, and 32% contributed to the mass of online media by uploading a clip.
Homemade content is the most popular content to upload, with 27% of those who uploaded a clip contributing such material. Content from digital cameras is most likely to make it onto the net: 48% of contributors used this medium to create their content. At 26% and 22%, respectively, home PCs and mobiles are the next-most popular choices for creating content.
82% of 16- and 17-year-olds watched video online, compared with 65% of those ages fifty-five to sixty four. 52% percent of 16- and 17-year-olds shared video clips online, compared with 29% of 55- to 64-year-olds, and a further 46% and 21% respectively uploaded a video.
With users from across the age spectrum watching, creating and distributing video content online, the so-called “digital divide” is not as wide as might be expected, according to Trendstream. Also, the online video audience is more sophisticated and influential than was believed, with the heaviest viewers in the 25-34 age bracket.
With 49 million active Web users -32% -uploading content in January 2009, users of all ages generate far more content than traditional broadcasters and contribute the majority of video content to the Web.
According to Trendstream, broadcasters who wish to engage with this highly influential and affluent group need highly compelling, multi-platform content that can be accessed through multiple gateways including email, music sites, news sites, film sites, blogs and social networks.”
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