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Streamers targeting older viewers

London-based Ampere noted older viewers covet documentaries, dramas and crime thrillers, which are now among streamers’ top five commissioned genres. Netflix is the largest original content commissioner worldwide, with more than 100 titles ordered between January and March. This amounts to more than 30% of the number of titles ordered by Netflix in 2020. In March, Netflix ordered more doc titles than any other genre, with over half true crime.

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“The fastest growth in uptake of VOD viewing is now in the 35–44-year-old age bracket,” Minal Modha, consumer research lead at Ampere Analysis, said in a statement. “Nearly twice as many in this age group are now high VOD viewers compared to two years ago.”

At the same time, Ampere noted consumers who don’t engage with VOD are 55% more likely to be older than 45. The report classified TV viewers based on the time they spend watching TV or online video on a typical day. “Medium” viewers watch for two to four hours a day, and “high” viewers more than four hours a day. About 50% of “medium” linear TV viewers are over 45 years old, with this group often watching locally produced TV series. “High” linear viewers are in the same age range with 57% aged over 45. They are driven by a love of sports and TV shows, with one third (35%) focusing on live sports.

To persuade these viewers to become subscribers, Ampere noted streaming platforms need a three-pronged approach, combining adjustments to genre focus, sport programming and availability of local language content.

  1. They must continue to invest in factual and crime  and thriller content. Ampere’s data suggests that this shift is already underway among many of the more established VOD services.
  2. They should expand the array of sports-related content. Sports rights are going to be an important part of any conversion strategy. In the United States, live sports is already beginning to move to some of the newer studio-backed streaming services, but rights in international markets are often difficult to justify for global players. One approach these global streamers might take is to create ancillary sports content. Factual and reality documentary series around players, teams and events are cheaper than live rights, have a better shelf life and offer a draw to die-hard sports fans.
  3. To compete with the local players more effectively, especially in those markets with historically high engagement with linear, and strong local content industries — such as France, Germany and Japan — Ampere recommended more local language programming.

“The laser-like focus on matching commissioning strategies with the favorite genres of the older demographics in question is evident, but to more fully compete with linear TV players, local language content is going to be key, as will some sports content, be it live or ancillary,” Modha said in a statement. Media Play News

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