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

Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...
Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...