| The
desire to share a viewing experience with others has already been a powerful force
in seeding the online video market. 57 per cent of online video viewers share
links to the videos they find online with others. Young adults are the most 'contagious
carriers' in the viral spread of online video. Two-in-three (67 per cent) video
viewers aged 18-29 send others links to videos they find online, compared with
just half of video viewers aged 30 and older. Video
viewers who actively exploit the participatory features of online video - such
as rating content, posting feedback or uploading video - make up the motivated
minority of the online video audience. Again, young adults are the most active
participants in this realm. Online
video consumers are just as likely to have shared a video viewing experience in
person as they are to have shared video online. The picture of the lone internet
user, buried in his or her computer, does not ring true with most who view online
video. 57
per cent of online video viewers have watched with other people, such as friends
or family. Young adults are the most social online video viewers; three out of
four video consumers (73 per cent) ages 18-29 say they have watched with others.
Overall,
62 per cent of online video viewers say that their favorite videos are those that
are 'professionally produced' while 19 per cent of online video viewers express
a preference for content 'produced by amateurs'. Another 11 per cent say they
enjoy both professionally-produced video and amateur online video equally. For
young adult men - one of the most coveted audiences for advertisers -- there is
a much narrower pro-am gap. 43 per cent of online video users in this cohort express
a clear preference for professional video, while 34 per cent say they prefer amateur
content. Another 19 per cent of male video viewers ages 18-29 say they enjoy both
amateur and professional content. Providing
free access to video content has been central to the popularity of YouTube and
other online video portals. At the moment, few online video viewers are paying
for any of the video they watch; just 7 per cent say they have paid to access
or download video online. However,
young adults, who are often thought to have little interest in paying for music
and other digital media, are actually more likely than older video viewers to
have paid for online video content. While 10 per cent of online video viewers
ages 18-29 have paid to access or download online video, just three per cent of
video viewers ages 50-64 have done so. |