Published March 23rd, 2017
It’s hard enough to hold one person’s attention, let alone an entire generation’s. Millennials have grown alongside advancements in technology and media platforms, they engage in media like no one else and they’re “grown up” and have money to spend, placing them in intriguing territory with regard to media habits. When it comes to television, their eyes are glued to the screen. With commercials, they’re still tuned in—but their eyes are on their cell phones.
Nielsen’s Millennials on Millennials report offers critical insight into the evolving media habits of this highly digital demographic, and it was produced by a team of Nielsen Millennial associates keen to help clients engage and reach a generation that every modern marketer is seeking a connection with.
As marketers and advertisers look for the best opportunities to reach this demographic, they need precise insight into the evolving viewing and consumption habits of Millennials, which are closely watched and coveted.
A new report from Nielsen, the Millennials on Millennials report, reveals three things you might not have known about Millennials.
1. MILLENNIALS LOVE TV-CONNECTED DEVICES
TV still constitutes the majority of video consumption, but every other screen is much more valuable to Millennials. TV-connected devices compose four times the percentage of Millennials’ total video minutes than adults 35 and older: TV-connected devices account for 23% of Millennials’ total time with video, compared with just 6% for consumers 35 and older. And as a result, Millennials spend about 27% less time watching traditional TV (89% among 35+ vs. 66% among Millennials).
2.MILLENNIALS ARE A DISTRACTED AUDIENCE
The report looked at a handful of popular, primetime programs to understand the dynamics of multi-tasking and attention among Millennials compared with other generations. During premiere episodes of various primetime programs in the fall of 2015, Millennials were least likely to change the channel during commercial breaks.
Less than 2% of 18-34-year-olds changed the channel during commercials, compared with 5.5% of 35-54-year-olds and more than 8% of viewers 55 and older. Given their engagement with other devices, however, Millennials had the lowest program engagement and lowest ad memorability scores during the studied shows.
Knowing that audiences, including Millennials, may opt to skip advertising if given the choice, content providers often disable ad-skipping features in their VOD content. In terms of openness to advertising, however, Millennials are quite open to viewing ads as long as the content they are viewing is free on their mobile devices. As a result, marketers and advertisers have a notable opportunity to present their value propositions to young viewers who are tapping into the realm of content available via their connected devices.
3.SOCIAL MEDIA STARS ARE “CELEBRITIES”
Among Millennials, social media stars are becoming synonymous with the word “celebrity.” In a write-in section of the Nielsen report, numerous respondents named several social media stars multiple times when asked: “Please list your current top five favorite celebrities.” When tested against mainstream stars, social media stars hold their own in terms of celebrity status. For example, according to Nielsen’s N-Score, a measure of a celebrity’s marketability, male Millennials have a higher opinion of trending social media stars than they do for sports stars, pop stars, actors and actresses
Source: Nielsen, http://www.nielsen.com/us/en/insights/news/2017/millennials-on-millennials-a-look-at-viewing-behavior-distraction-social-media-stars.html
Sep 24, 2015
Time flies! It’s been over a week since we exhibited at IBC (International Broadcasting Convention), our second time at this most influential annual event for media professionals, worldwide. The endless RAI Conference Center halls seemed even bigger than last year and attracted many different attendants from all over the world, well over 55,000.
As for us, we’ve had an amazing time at IBC 2015, meeting old friends and greeting many new, interesting people at our booth, showing them our latest TV apps and OTT innovations.
At our booth we introduced, among others:
- ‘NS Now’ – the OTT service for Uruguayan operator Nuevo Siglo on Smart TVs with advanced content protection technology (together with our partner Conax)
- Our set-top box-less operator solution on Philips Smart TVs
- Smart Operator on Entone set-top boxes and other RDK compliant devices
- The first Dutch interactive HbbTV app for TV advertisers
- The brand new app for Next Generation Sports Network on Roku
- RTL’s Videoland as the first of its kind 4K/UHD premium video app in the European Smart TV market
Furthermore, we were honored to be the host to many booth tours organized for professionals in the broadcast industry as well as for a growing number of booth tours specifically catered to advertisers and media buying agencies.
Again this year, we enjoyed our daily ‘Happy Hour’ with cold beers and the traditional Dutch delights called ‘bitterballs’ while, of course, welcoming great guests.
The IBC would not be the same without our colleagues from Los Angeles, Buenos Aires and Madrid, so we flew them in to join us and to join their respective clients and partners attending IBC 2015.
In addition to our busy appointment schedules at the booth, we were also invited to speak as TV app thought leaders at two occasions. Our CSO, Hans Disch, spoke at the conference session 'Media Innovators from the Low Lands’, while our CEO Martijn van Horssen and CTO Pieter Siekerman shared their insights on the latest developments in the OTT landscape and highlighted how this changes the game for TV content distribution.
Last, but not least, we are proud to be a founding member of the Dutch Media Innovators network, launched at IBC 2015: a collaboration of Dutch media companies & the Netherlands Enterprise Agency (Dutch government) with the goal to foster business activities in California, USA.
IBC 2015 has been fantastic! We’d like to thank everyone who helped us making this event so successful and we’re already looking forward to IBC 2016 in our hometown Amsterdam!
Mar 12, 2016
Apr 18, 2016