Report: $1.5B market for IP video by 2012

According to a new report from ABI Research, 12 percent of online consumers say they have purchased video content delivered via the Internet. Of those, some 71 percent watch the video on their PCs, 16 percent watched it on their TVs from a burned DVD and 8 percent watched it using a gaming console. ABI claims that video game consoles will drive total revenue for public Internet video delivery because of a perfect trifecta: their proximity to the TV, the pervasiveness of online gaming and the consoles' large storage capacity.

For more on the study:
- see this press release

Suggested Articles

Altice USA is giving premium pay to its customer-interfacing employees during the coronavirus crisis, but not all cable technicians will qualify.

T-Mobile this week wrapped up the lengthy process of acquiring Sprint. With the deal done, the company may pick up where it left off on video.

The Hulu app is starting to roll out across the Comcast Xfinity X1 platform after last month showing up on the Xfinity Flex platform.