How does SVoD encourage binge-viewing?
Most Subscription-Video-on-Demand providers now offer hundreds of television shows and movies at any one time, and whilst the inability to decide what to watch is among consumers’ top frustrations, content is frequently lauded as one of the most important elements of a good service. Even if certain shows or movies are not available in one place but can be found in another, audiences are willing to pay for the privilege of having both. Large shares of SVoD users in the United States subscribe to several platforms, particularly younger generations. The vast of majority of Gen Z and Millennial consumers now have a video streaming service, and unsurprisingly also tend to be the heaviest binge-viewers. However, whilst a wealth of shows and movies is appealing, and for some consumers too tempting to resist, access to content via multiple services aside is not the only way in which SVoD contributes to binge-watching.It is not uncommon for SVoD services to release every episode of a new TV show at once rather than staggering episodes over a period of weeks or months, giving subscribers instant access to hours’ worth of bingeworthy content to enjoy. Refreshing content catalogs in this way has progressed from being a benefit of SVoD to something which is expected by consumers, with around 60 percent of U.S. adults aged 18 to 45 years old preferring all episodes of a season to be released at the same time. In fact, the ability to binge-watch TV shows and movies is ranked among the most important features of video streaming services.