TV networks vs. social networks
The median age for TV viewers hit 50 last season.
To paraphrase , that means that if today鈥檚 TV audience were a person, it wouldn鈥檛 even be a part of the target demographic anymore.
For the first time since Magna Global started keeping count, less than half of network-TV viewers now fall into the coveted 18-49 demo, according to a new study. And the percentage of older viewers is likely to rise.
Don鈥檛 chalk up this shift to the graying of the baby boomers. They鈥檙e certainly passing 50, but they鈥檙e not driving this trend, says Magna analyst Steven Sternberg. It's just that younger people have other things to do.
鈥淭raditional television is no longer necessarily the first screen for the younger set,鈥� he says. For many, that 鈥渇irst screen鈥� is now their computer.
These numbers only track live TV audiences, i.e. it doesn't count anything that鈥檚 recorded on a TiVo to watch later. But even if you factor in shows watched seven days after they aired, the median age for the networks (other than CW and Univision) drops to 49 鈥� a measly one-year difference. (In case you were wondering, the median American is 38 years old.)
This is one of the clearest signs that the Internet is a competitor to television. While cable TV is certainly another major player, idle surfing, social networking, YouTube viewing, news reading, MP3 downloading, and email drafting has pulled Americans away from the small screen and toward a smaller one.
A few years ago I realized that I watch barely any live TV. It鈥檚 down to about two shows a week 鈥� and during the summer, it鈥檚 zero shows a week. Instead, I have websites, blogs, Hulu, podcasts, IM, etc. When I do sit in front of the TV, it鈥檚 courtesy of Netflix, not the networks.
Advertisers are taking note. Media group ZenithOptimedia predicts that online ads will hit $52.2 billion this year, $64 billion in 2009, and $78.1 billion in 2010, at which time, it will account for 13.6 percent of all advertising, according to . And they suggest that the 鈥渋ncreasing economic uncertainty that 鈥� is swirling in Europe and the North America will accelerate the shift to online."
