EPIX Survey Confirms That TV Everywhere Increases Value of Pay TV Service

EPIX Survey Confirms That TV Everywhere Increases Value of Pay TV Service

Providing Programming Services on Multiple Platforms Presents an Opportunity for Pay TV Providers to Create Value and Increase Customer Satisfaction

NEW YORK--(BUSINESS WIRE)-- Premium TV network EPIX today announced key findings of a nationwide survey, conducted by global consumer research firm Hub Entertainment, which show that consumers who view content on multiple platforms and devices attach much more value to service from their pay TV provider than those who watch on a TV set only. EPIX made this announcement at the National Cable and Telecommunications Association (NCTA) 2013 Cable Show in Washington, DC.

The survey found that the value that subscribers attribute to their pay TV service increases as the number of devices used to watch programming grows. Pay TV subscribers' value ratings increase by up to 83% for viewers who access programming on multiple devices compared to those who watch on TV only. Among pay TV subscribers who view content on a TV plus three additional devices, 71% feel pay TV is an "excellent/good" value; the percentage increases to 88% among pay TV subscribers viewing on TV and four other devices, a true testament to the strength of multiplatform viewing. Among subscribers who view content on a TV only, 48% believe that they are getting an "excellent/good" value from their pay TV subscription.

The findings also indicate that multiplatform viewing enhances the value that subscribers attribute to EPIX. EPIX subscribers' satisfaction increases by over 50% among multiple platform and device viewers compared with those who watch only on TV. While 62% of EPIX subscribers watching only on television are satisfied with the service, 80% of EPIX subscribers who view the network via two or three devices are satisfied. Importantly, the highest levels of satisfaction come from EPIX subscribers who access the network's content on four or more devices, with an impressive 94% satisfied with their EPIX subscription.

The value of watching EPIX on devices benefits pay TV providers as well. Over 80% of EPIX subscribers who view on game consoles or media players say that having that capability makes their pay TV subscription more valuable than it would otherwise be.

"The results of this study illustrate the high value consumers are placing on multiplatform viewing and underscores the importance of delivering superior content along with the ability to make it available to consumers at their convenience on any platform," said Nora Ryan, Chief of Staff for EPIX. "As the entertainment viewing experience evolves, consumers are making new choices about how they want to consume content and forming new habits that include the desire to watch movies and TV shows anytime, anywhere and on multiple platforms. Flexibility is really important in the delivery and packaging of programming services and those distributors who recognize this will be able to increase the satisfaction levels of their customers. We remain committed to working closely with our operating partners to provide our authenticated subscribers access to the best content and extra features in all the ways they want it."

The study was conducted online in March 2013 by global consumer research firm, Hub Entertainment Research, which surveyed 1,936 TV viewers ages 16-64 nationwide who have broadband access at home.

About EPIX

EPIX is the newest premium entertainment network delivering the latest movie releases, classic library titles, plus original films, comedy, music and sports events on TV, on demand, online and on devices. Launched October 2009 as the first multiplatform premium network with online accessibility for subscribers through EpixHD.com, EPIX pioneered the development and proliferation of TV Everywhere for American consumers. EPIX was the first premium network to launch on Xbox consoles, first on Android tablets and phones, first on Roku® players and is available to authenticated subscribers on hundreds of devices including Apple® iPads®, iPhones®, Samsung® Smart TVs and Blu-ray™ players and more. Today EPIX remains the only premium service providing its entire monthly line-up from new Hollywood hits to original programs on all platforms and provides more movies than any other premium network.

EPIX is a joint venture between Viacom Inc. (NASDAQ: VIA and VIA.B), its Paramount Pictures unit, Metro-Goldwyn-Mayer Studios Inc. (MGM) and Lionsgate (NYS: LGF) , available to over 30 million homes nationwide through distribution partners including Charter Communications, Cox Communications, DISH Network, Mediacom Communications, NCTC, Suddenlink Communications and Verizon FiOS.

For more information about EPIX, go to www.EpixHD.com. Follow EPIX on Twitter @EpixHD and on Facebook http://www.facebook.com/EpixHD.

About Hub Entertainment Research

Hub works for clients in television, movies, videogames, music, publishing, and sports — all of the areas where entertainment and new technology overlap. In the television industry, Hub works with networks, content producers, MSOs and digital distributors. They help these brands identify their greatest risks, most promising opportunities and clearest path to success in a changing marketplace. For more information, visit www.hubresearchllc.com.

Marlea Willis, 212-846-6748
Sloane & Company
Erica Bartsch, 212-446-1875

KEYWORDS:   United States  North America  District of Columbia  New York


The article EPIX Survey Confirms That TV Everywhere Increases Value of Pay TV Service originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story