Parks Associates: Nearly 50% of U.S. Broadband Households Use OTT Video

LAS VEGAS, NV--(Marketwired - Jan 6, 2014) - New research from Parks Associates finds subscribers of OTT (over-the-top) services spend more per month renting and buying video downloads than the average household, which contributes to the success of Amazon's business model of integrating transactional services with its Amazon Prime subscription service. Two-thirds of Amazon Prime Instant Video subscribers use Amazon transactional service.

Parks Associates will address these changing issues in the smart home and entertainment industries at the CONNECTIONS™ Summit at CES on January 7 in the Las Vegas Convention Center (LVCC), North Hall, N264.

The CONNECTIONS™ Summit features six executive sessions covering topics including connected CE and home services, tech support, and second-screen services as well as an invite-only reception sponsored by Lowe's. Media are invited to attend, and CES badges are honored for onsite registration.

"The role of OTT content in the connected home and its impact on other services will be key topics at the CONNECTIONS™ Summit and CES 2014," said Brett Sappington, director, research, Parks Associates, who will also participate in Broadband Unlimited at CES, in the session "Connected TVs and the Re-Making of an Industry" on January 6, 1:20-1:50 p.m. "Our research shows roughly 50% of U.S. broadband households use subscription or transactional OTT video and OTT users spend more on video in general than the average household. Not counting pay-TV services, OTT subscribers spend $67 per month on video versus $40 on average for all U.S. broadband households. The overwhelming majority of OTT users also have pay-TV service."

"Amazon Prime subscribers report their expenditure on rented and purchased downloads is increasing," said John Barrett, director, Consumer Analytics, Parks Associates. "Netflix subscribers are more likely to say expenditure in all other categories has decreased -- a fact that may reflect Netflix's reliance on a single revenue model. Redbox Instant subscribers, conversely, are more likely to say expenditure is increasing in all categories."

CONNECTIONS™ Summit sponsors include Alarm.com, Amdocs, ARRIS, AT&T Digital Life, Cisco, Lowe's, Pie Digital, Radialpoint, SmartOTT, Technicolor, and Z-Wave. Premier sponsors are Lowe's, MphasiS, Qualcomm, Securitas Direct - Verisure, Support.com, and Z-Wave.

CONNECTIONS™ Summit at CES 2014 Sessions, January 7, at the Las Vegas Convention Center (LVCC), North Hall, N264:

Home Monitoring and Control: Attracting New Subscribers, 9:15-10:30 a.m.

Jim Johnson, EVP, General Manager, iControl Networks
Benoît Joly, SVP Marketing & Smart Life, Technicolor
Jay Kenny, VP, Marketing, Alarm.com
Kevin Meagher, VP, Smart Home, Lowe's
Kevin Petersen, President, AT&T Digital Life
Adam Tichelaar, Director, Connected Home Solutions & Program, Amdocs

Consumer Tech Support: Advanced Tools and Infrastructure, 10:30-11:45 a.m.

Alan Atkins, VP and Global Head M2M, Wipro Technologies
Manoj (Marc) Chandiramani,VP, Technical Solutions Group, Quatrro Global Services
Frank Kouretas, VP, Products and Marketing, Radialpoint
James Morehead, VP, Product Management and Corporate Marketing, Support.com, Inc.
John Orcutt, CEO, Pie Digital
Ratul Sengupta, VP, Technology Enabled Services and Platform Solutions, Sutherland Global Services

The Internet of Things: Connected Home Platforms and Devices, 12:00-1:15 p.m.

Shane Dyer, President, Arrayent, Inc.
Derek Elder, SVP & GM, ARRIS Group
David Foote, CTO, Hitachi
Ashu Joshi, Product Manager Connected Life Solutions, Cisco
Tobin Richardson, Chairman & CEO, ZigBee Alliance
Mark Walters, Chairman, Z-Wave Alliance

Monetizing Second-screen Services, 1:15-2:30 p.m.

Eric Anderson, VP, Content and Product Solutions, Samsung
Jason Forbes, EVP & Managing Director, Zeebox USA
Adam J. Lowy, GM, Interactive & Advanced TV, DISH
Ashwin Navin, CEO and Co-Founder, Samba TV
Daniel Riddell, VP, Operations, SmartOTT | Wild TV
Hardie Tankersley, VP Digital Product, Platforms, & Innovation, Fox Broadcasting

Evolution of the Smart TV, 2:30-3:45 p.m.

Richard Bullwinkle, Head, US Television Innovation, Samsung
Michael Collette, CEO, Cognitive Networks
Eric Johnson, EVP, Multimedia Sales, ESPN
Wendell Wenjen, Director, Advertising and Interactive TV Platforms, LG Electronics
Stephen White, President, Gracenote

New Connected CE Business Models, 3:45-5:00 p.m.

Mark Carroll, VP, Product Management, Qualcomm Atheros
Michael Hawkey, VP & GM, Sling Media
Michael Lantz, CEO, Accedo
Scott Rosenberg, VP Business Development, Roku
David Rudnick, CTO, Delivery Agent

Parks Associates will be in Booth #21935 in South Hall 1 throughout 2014 International CES. An invitation-only networking reception, sponsored by Lowe's, will start at 5:30 p.m. Go to http://www.parksassociates.com/summit-reception to request an invitation.

Analysts are available to comment on CES announcements and launches. Contact Holly Sprague at hsprague@gmail.com for information, including specific research data requests. For more information, visit http://www.connectionssummit.com.

About CONNECTIONS Summit
CONNECTIONS™ Summit, hosted by international research firm Parks Associates, features consumer research and analysis with sessions hosting leading executives from the connected home community. The interactive panel discussions focus on new business models, monetization strategies, and adoption rates for technologies and services for the digital home and digital lifestyle. http://www.connectionssummit.com