Sunday, March 29, 2009

Competition - MTV versus YouTube

MTV and YouTube go head to head

MTV has the edge over YouTube for music, but for how much longer?

A higher percentage of 15-24 year olds in the UK have watched a music video on YouTube than on dedicated music channels, according to a new study.

The report found that 57% of 15-24 year olds watched music on YouTube, compared to 56% watching them on TV.

However, TV still has a commanding lead when it comes to adults as a whole.

The survey also found that half of all adults who watched a YouTube music video went on to buy music released by that artist.

The study, by market research firm Ipsos MediaCT, looked at the viewing habits of more than 1500 people, across the United Kingdom, in March 2009.

It found that double the number of 15-24 year olds were using YouTube to watch music videos, compared to other age groups. This percentage rose even more for those still in education, with 69% using the music channels on YouTube.

Television still has the edge when it comes to children. Or at least, families with children aged 10-15.

48% of these families have watched a music video on TV compared with 39% having watched music videos on YouTube.

Age 15 - 24 57%
Age 25 - 34 30%
Age 35 - 44 24%
Age 45 - 54 25%
Age 55+ 3%
Source: Ipsos MediaCT

Speaking to the BBC, Ipsos' head of entertainment research, Ian Bramley, said that TV music channels may have to rethink their position.

"There is a significant shift in the way the youngest adult age group watches its music videos. One would think this age group would stick with watching music videos online as they get older.

"TV music channels are doing very well, but they need to look at exactly who is actually watching their channel. It's probably not who they think their target market is.

"There may be a case, when we do this again, that the market starts to fragment and that TV music channels will need to reposition themselves for an older market," added Mr Bramley.

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