According to a report from video-hosting platform Brightcove, newspapers have pulled ahead of broadcasters in total minutes of videos streamed for the first time in Q3 this year.
“This is an interesting development, and suggests that newspapers are rapidly adopting and producing video content for what was once a print business,” the report (PDF) says. “This data also bears out the distinct differences in the content between the two verticals: broadcasters have fewer but longer titles, while newspapers are producing many more, but shorter titles on a more regular basis.”
Brightcove says newspapers streamed 313 million minutes compared to 290 million for broadcasters. Newspapers also saw more titles uploaded and spikes in video production coincided with major events such as U.S. mid-term elections and the World Cup. The report says newspaper uploaded 482,000 titles in the Q3, an increase of 51 percent compared to the previous quarter and 100 percent growth compared to the same quarter last year.
Video uploads from the online media category passed broadcast uploads for the first time in Q3, a growth of 188 percent compared to this time last year for online media.
When it comes to time spent watching video, the report says audience engagement stayed relatively the same over Q1, Q2 and Q3. Some verticals, however, saw a decrease in minutes watched. As the study notes: “Completion rates went up in some of the same verticals, suggesting that while the content may be shorter, engagement via completion rates may be higher.”
Newspapers and brand marketers were the only two verticals who did not see a slight drop in average minutes viewed per stream. Broadcasters were much higher than other verticals for average minutes watched per stream, a fact Brightcove attributes to long-form content.
When it comes to watching a video from start to finish, the report says completion rates were relatively constant but spikes were seen from online media properties, broadcasters and brand marketers.
Video discovery and referrals
Facebook overtook Yahoo for video referral traffic in Q3 and the company is now second only to Google. Facebook accounts for 9.6 percent of all referred video to media companies.
Futhermore, visitors who come through Twitter spend more time watching video. Brands saw Twitter users watch 1:47 minutes of video, broadcasters saw 1:57 minutes of video plays from Twitter users, and online media properties saw Twitter users watch 1:40 minutes of video content.
“Google accounted for significantly higher engagement for newspapers at 1:57 minutes, compared to the category average of 1:27 minutes,” the report notes. “This suggests that viewers look to the search engine as a source for the most relevan breaking and timely content.”
The report also says, “Facebook was the most engaging referral source for entertainment categories, including broadcasters (1:57 minutes) and magazines (1:34 minutes). This can be explained that entertainment is a more commonly shared and more engaging content type among friends connecting on the social network.”
Video consumption breakdown by device
In Q3, Brightcove looked at minutes of video watched and how it changed across various devices. The company says game consoles (such as Nintendo Wii and Sony PlayStation) came out on top with an average of 2:45 minutes watched per view. Online consumption came in at 2:27 minutes per view.
“This is not surprising given that gaming consoles are currently the most common playback device connected to TVs and most closely replicate a comfortable lean-back experience,” the report says. “We anticipate this disparity to increase as more customers make content available to viewers through connected TV apps and gaming consoles.”
More information and statistics are available here (PDF).
[Cross-posted to Future of Media]