A discarded television tube. – Reuters File Photo

WASHINGTON: The number of US homes owning television sets is falling for the first time in two decades, the Nielsen Co. said on Tuesday.

Nielsen estimated that 114.7 million US households, or 96.7 per cent of US homes, will own television sets next year, down from the current 115.9 million, or 98.9 per cent.

Nielsen said the last drop in TV ownership was in 1992.

It said there were several reasons for the decline, including the 2009 transition from analog to digital broadcasting, when some TV owners did not purchase new digital sets or converter boxes.

Economic belt-tightening was also a factor, Nielsen said, with TV penetration declining among lower-income, rural homes.

Nielsen said a “small subset of younger, urban consumers” was going without paid television subscriptions, watching video on the Web.

“Long-term effects of this are unclear,” Nielsen said.

“It's undetermined if this is also an economic issue, with these individuals entering the TV marketplace once they have the means, or the beginning of a larger shift to viewing online and on mobile devices,” it said.

“Nielsen data demonstrates that consumers are viewing more video content across all platforms - rather than replacing one medium with another,” it added.

Nielsen's Pat McDonough said “the media marketplace continues to evolve and become more complex... Some consumers are clearly being driven by the economy to make choices on the media devices they purchase,”

“Others are expanding their equipment to add more audio/video devices to their home,” she said. “Still others may be deferring a TV purchase or replacing their TV with a computer.”

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

First steps
Updated 29 May, 2024

First steps

One hopes that this small change will pave the way for bigger things.
Rafah inferno
29 May, 2024

Rafah inferno

THE level of barbarity witnessed in Sunday’s Israeli air strike targeting a refugee camp in Rafah is shocking even...
On a whim
29 May, 2024

On a whim

THE sudden declaration of May 28 as a public holiday to observe Youm-i-Takbeer — the anniversary of Pakistan’s...
Afghan puzzle
Updated 28 May, 2024

Afghan puzzle

Unless these elements are neutralised, it will not be possible to have the upper hand over terrorist groups.
Attacking minorities
28 May, 2024

Attacking minorities

Mobs turn into executioners due to the authorities’ helplessness before these elements.
Persistent scourge
Updated 29 May, 2024

Persistent scourge

THE challenge of polio in Pakistan has reached a new nadir, drawing grave concerns from the Technical Advisory Group...