Insights Insights

June 21, 2025

Cable vs. Streaming Viewing Share: Current Market Data

Streaming now accounts for 45% of TV viewing versus 24% for cable. The shift continues.

  • 45%

    Streaming's share of total TV viewing (May 2025)

  • 24%

    Cable TV's share of total viewing (down from 34% in 2020)

  • 71%

    Streaming viewing growth since 2021

Streaming now accounts for approximately 45% of total U.S. TV viewing time, while cable represents about 22% and broadcast television about 20%, according to Nielsen's Gauge reports for 2025. In a historic milestone reached in May 2025, streaming viewership (44.8%) exceeded the combined total of broadcast (20.1%) and cable (24.1%) television for the first time, according to Nielsen. This represents a fundamental shift in how Americans consume television content and has profound implications for advertisers.

The balance of power in television has shifted decisively. What began as a niche alternative to cable has become the dominant form of television viewing in American households. For businesses planning their advertising strategies, understanding this shift is essential. Cable advertising, once the default for local and regional advertisers, now reaches a shrinking audience, while streaming offers growing reach and increasingly accessible advertising options.

This transformation creates unprecedented opportunities for businesses of all sizes. Where cable advertising required substantial budgets and long-term commitments, connected TV advertising through streaming platforms allows businesses to start campaigns with budgets as low as $50, reaching audiences on the platforms where they actually spend their viewing time.

What the data shows

The viewing share numbers tell a clear story of streaming's ascendance and traditional TV's decline.

Current viewing share breakdown (2025)

Based on Nielsen's Gauge data and industry reporting:

Streaming: 44-47% of total TV viewing

  • Hit record 44.8% in May 2025

  • July 2025 saw continued growth

  • Includes Netflix, YouTube, Hulu, Prime Video, Disney+, and dozens more

  • Growing share month over month

Cable: 22-24% of total TV viewing

  • Down from highs of 30%+ just a few years ago

  • Continues steady decline

  • Sports and news remain strongest categories

  • Aging audience demographic

Broadcast: 20-21% of total TV viewing

  • Relatively stable compared to cable

  • Live events, news, and network series

  • NFL and major events drive spikes

  • Generally older audience

Other (DVD, gaming, etc.): 8-10%

  • Includes gaming console use

  • DVD/Blu-ray playback

  • Other connected device usage

The historic May 2025 milestone

According to StreamTV Insider's analysis, May 2025 marked a watershed moment:

  • Streaming: 44.8% of all TV viewing

  • Cable + Broadcast combined: 44.2%

  • First time streaming exceeded traditional TV combined

  • Netflix streaming hours reached 7.5% alone

  • YouTube maintained top streaming position at 12%+

This wasn't a temporary spike. The underlying trend has been clear for years, and this milestone represents streaming's permanent position as the dominant form of television viewing.

The shift toward streaming has accelerated:

Streaming share growth:

  • 2021: ~27% of TV viewing

  • 2022: ~34% of TV viewing

  • 2023: ~38% of TV viewing

  • 2024: ~41% of TV viewing

  • 2025: ~45%+ of TV viewing

Cable share decline:

  • 2021: ~35% of TV viewing

  • 2022: ~31% of TV viewing

  • 2023: ~27% of TV viewing

  • 2024: ~24% of TV viewing

  • 2025: ~22% of TV viewing

Streaming has gained approximately 18 percentage points of share since 2021, while cable has lost roughly 13 percentage points. Broadcast has declined more gradually, losing 5-7 percentage points over the same period.

Platform-level viewing shares

Within streaming, viewership is distributed across multiple platforms:

Top streaming platforms by TV viewing share:

  • YouTube: 12-13% of total TV viewing

  • Netflix: 7-8% of total TV viewing

  • Hulu: 2-3% of total TV viewing

  • Amazon Prime Video: 3-4% of total TV viewing

  • Disney+: 1-2% of total TV viewing

  • Peacock: 1-2% of total TV viewing

  • Max (HBO): 1-2% of total TV viewing

  • Other streaming: 15%+ combined

YouTube's dominance is notable. The platform alone commands more viewing share than many cable networks combined, making it a critical advertising platform.

Platform Comparison V2

Breaking down the numbers

Chart Viewing Share

Understanding who watches what helps advertisers make informed decisions about where to invest.

Demographics of cable vs. streaming viewers

Cable viewers tend to be:

  • Older (median age 55+)

  • Higher income (legacy subscribers)

  • More likely to watch news and sports

  • More likely to live in suburban/rural areas

  • Often maintaining service for specific channels (ESPN, local news)

Streaming viewers tend to be:

  • Younger (median age 35-40)

  • All income levels (but higher adoption among higher incomes)

  • More likely to watch entertainment content

  • Urban and suburban concentrations

  • More tech-savvy, cord-cutters or cord-nevers

Broadcast viewers:

  • Oldest demographic (median age 60+)

  • Concentrated around major events (Super Bowl, Oscars, news)

  • Strong local news viewership

  • Over-the-air antenna users growing

These demographic differences have significant implications for advertisers. If your target customer is under 50, streaming is increasingly where you'll find them.

Viewing patterns by time of day

Morning (6 AM - 12 PM)

  • Broadcast leads with morning news shows

  • Cable news draws substantial audiences

  • Streaming lower but growing (background viewing)

Daytime (12 PM - 5 PM)

  • Streaming competitive with cable

  • Cable maintains daytime programming audience

  • Broadcast lowest during midday

Early evening (5 PM - 8 PM)

  • Local and national news boost broadcast/cable

  • Streaming begins prime-time surge

  • Family viewing decisions favor streaming

Prime time (8 PM - 11 PM)

  • Streaming dominates decisively

  • Cable and broadcast split remaining

  • Highest total viewing hours

Late night (11 PM - 2 AM)

  • Streaming very strong

  • Late-night shows split cable/broadcast

  • Younger audiences heavily streaming

For advertisers, streaming's prime-time dominance is particularly significant because this is when the most viewers are watching and when advertising delivers the greatest impact.

Seasonal variations

Viewing share fluctuates seasonally:

Summer months:

  • Streaming share typically highest

  • Cable/broadcast drop without regular programming

  • July 2025 saw streaming reach new highs

Fall (September-November):

  • Broadcast and cable recover with new seasons

  • NFL drives significant broadcast viewing

  • Streaming maintains strong position

Winter holidays:

  • Mixed viewing patterns

  • Special programming boosts traditional TV

  • Streaming grows with gift subscriptions

Q1 (January-March):

  • Super Bowl spike for broadcast

  • Otherwise streaming-favorable

  • March Madness boosts cable/broadcast temporarily

Geographic variations

Streaming adoption varies by region:

  • Urban areas: Highest streaming share (50%+)

  • Suburban areas: Near national average

  • Rural areas: Lower streaming share due to broadband limitations

  • Coastal markets: Higher streaming adoption

  • Midwest/South: More cable retention

For local TV advertising, geographic targeting through streaming allows advertisers to reach specific markets regardless of these regional variations.

Age Demographics V2

Why it matters for your business

The shift from cable to streaming has direct implications for advertising strategy and budget allocation.

The advertising inventory shift

As viewership shifts, advertising inventory follows:

Cable advertising challenges:

  • Declining audience size

  • Older demographic skew

  • Scattered across hundreds of channels

  • Minimum commitments often $5,000+

  • Long lead times for placement

Streaming advertising advantages:

  • Growing audience size

  • Younger demographic access

  • Better targeting capabilities

  • Lower minimum budgets ($50 on some platforms)

  • Real-time optimization

For small business TV advertising, the streaming shift means more opportunity, not less. The same premium TV advertising that was once reserved for major brands is now accessible through platforms like Adwave.

Reaching different audiences

The cable vs. streaming split affects how you reach different customer segments:

To reach older consumers (55+):

  • Cable news (CNN, Fox News, MSNBC) still relevant

  • Broadcast network programming

  • But even this demographic is shifting to streaming

To reach middle-aged consumers (35-54):

  • Balanced approach needed

  • Streaming increasingly dominant

  • Some cable sports and news viewing

To reach younger consumers (18-34):

  • Streaming is essential

  • Cable reach is minimal

  • YouTube particularly strong

To reach families with children:

  • Streaming dominates (Disney+, YouTube, Netflix)

  • Limited cable consumption

  • Broadcast for special events only

Cost efficiency comparison

The economics of cable vs. streaming advertising differ significantly:

Cable advertising:

  • CPM: $5-15 (lower CPMs reflect smaller, older audiences)

  • Minimums: Often $2,000-5,000 per month

  • Production: Separate cost, $5,000-50,000

  • Targeting: Limited to DMA and daypart

  • Measurement: Nielsen estimates, limited attribution

Streaming/CTV advertising:

  • CPM: $20-35 (premium inventory, better targeting)

  • Minimums: As low as $50 on some platforms

  • Production: Free with AI tools like Adwave

  • Targeting: ZIP code, demographics, interests, behaviors

  • Measurement: Precise impression counts, completion rates

While cable CPMs are technically lower, streaming often delivers better ROI due to targeting precision and audience quality. Paying $25 CPM to reach your exact target audience beats paying $10 CPM to reach a broader, less relevant audience.

Business Opportunity V2

How to take advantage of this trend

Chart Trend Line

The cable-to-streaming shift creates specific opportunities for advertisers who adapt their strategies.

Strategy 1: Shift budget to streaming

If you're currently advertising on cable, consider reallocating budget to streaming:

Why shift:

  • Growing audience on streaming

  • Better targeting reduces waste

  • Lower barriers to entry

  • More flexible buying

How to shift:

  • Start with a streaming test campaign alongside cable

  • Compare performance metrics

  • Gradually increase streaming allocation

  • Reduce cable as streaming proves effective

Strategy 2: Use aggregated streaming platforms

Rather than buying individual streaming services, use platforms that aggregate inventory:

Benefits:

  • Single buy reaches multiple services

  • Simplified management and reporting

  • Access to inventory across the streaming ecosystem

  • Often better CPMs than direct buys

Adwave provides access to 100+ premium streaming channels, solving the fragmentation challenge with a single campaign.

Strategy 3: Target cord-cutters specifically

Many streaming viewers are cord-cutters or cord-nevers who cannot be reached through cable:

Cord-cutter advertising tactics:

  • Focus on streaming-only platforms

  • Target younger demographics

  • Emphasize digital-native messaging

  • Use streaming's geographic targeting

Strategy 4: Maintain some traditional TV for specific goals

Traditional TV still makes sense in specific situations:

When cable/broadcast makes sense:

  • Major local events (local news, sports)

  • Reaching older demographics specifically

  • Very large local budgets seeking maximum reach

  • Specific programming partnerships

When streaming is better:

  • Younger audiences

  • Precise geographic targeting

  • Flexible budgets

  • Measurable performance goals

Strategy 5: Integrate streaming with digital campaigns

Streaming TV works best as part of an integrated marketing approach:

  • Sequential messaging: Use streaming for awareness, digital for action

  • Retargeting: Follow up streaming viewers with digital ads

  • Consistent branding: Maintain creative consistency across channels

  • Measurement: Track lift across all channels

The bigger picture

The shift from cable to streaming represents the most significant transformation in television since the advent of cable itself.

The acceleration during 2020-2025

The pandemic accelerated streaming adoption dramatically:

  • 2020: Stay-at-home orders drove streaming trial

  • 2021: Habits formed during pandemic persisted

  • 2022-2023: Streaming services added content, users stayed

  • 2024: Ad-supported tiers launched widely

  • 2025: Streaming crosses historic 45% threshold

What might have taken a decade occurred in five years. The transformation is essentially complete. Streaming is now the default form of television viewing for most Americans.

The future trajectory

Industry analysts project continued streaming growth:

  • 2025-2026: Streaming likely to reach 50% share

  • Cable: Expected to continue decline to 15-18%

  • Broadcast: Stable at 18-22% (protected by sports, news)

  • Advertising shifts: CTV ad spending growing 15-20% annually

The question is no longer whether streaming will dominate but how advertisers will adapt to a streaming-first television landscape.

Implications for local advertising

For local businesses, the streaming shift is particularly significant:

Traditional local TV (cable/broadcast):

  • Historically the only TV option for local advertisers

  • Required substantial budgets

  • Limited targeting (DMA-level only)

  • Declining reach as viewers leave

Streaming local advertising:

  • Precise geographic targeting (ZIP code level)

  • Lower budget minimums

  • Growing reach as viewership increases

  • Better measurement and attribution

The combination of growing streaming viewership and accessible advertising platforms means local businesses can now execute effective TV advertising campaigns that would have been impossible just a few years ago.

Growth Trend V2

What experts are saying

Concept Battle

Industry analysts have noted the significance of the cable-to-streaming shift.

StreamTV Insider reported that "streaming accounted for 44.8% of all TV viewing in the US in May, according to Nielsen, narrowly surpassing for the first time the combined monthly usage of broadcast and cable television." The publication noted this milestone as a turning point in television history.

Hollywood Reporter's analysis observed that "the gains for streaming came largely at the expense of cable, which came in at 22.2 percent of TV use for the July reporting period." This highlights that cable, not broadcast, has borne the brunt of streaming's rise.

AmbioEdu's research confirmed that "streaming surpassed cable and broadcast in total viewing time in 2024 and continues to dominate in 2025. Over 40% of all TV time is now spent on streaming platforms."

The consensus view is that streaming's dominance is permanent and growing. Advertisers who fail to adapt risk reaching shrinking audiences at increasing cost while missing the growing majority of viewers.

Common questions answered

Is cable TV dying?

Cable isn't dying immediately, but it's in sustained decline. Viewership has dropped from 35%+ to about 22% of total TV viewing in just a few years, and the trend continues. Cable retains strength in sports and news, but even those advantages are eroding as streaming services acquire sports rights. For advertisers, cable still offers some reach, but declining audiences mean it should be supplemented with streaming.

When did streaming overtake cable?

Streaming first surpassed cable as the single largest category of TV viewing in July 2022, when streaming captured 34.8% versus cable's 34.4%. In May 2025, streaming (44.8%) exceeded the combined total of cable (24.1%) and broadcast (20.1%) for the first time. The trend has been consistent and accelerating.

Should I stop advertising on cable?

Not necessarily, but you should evaluate whether cable still reaches your target audience. If you're targeting viewers over 55, cable may still be relevant. For most businesses targeting younger or broader audiences, shifting budget toward streaming makes sense. Consider testing streaming alongside cable, measuring results, and adjusting allocation based on performance.

How does streaming advertising compare to cable advertising?

Streaming offers better targeting (ZIP code, demographic, behavioral), more flexible budgets (minimums as low as $50), and better measurement. Cable offers lower CPMs but less precise targeting and declining audience. For most small businesses, streaming's targeting advantages outweigh cable's lower CPMs because you're paying to reach only relevant audiences.

What percentage of TV viewing is streaming now?

As of 2025, streaming represents approximately 44-47% of total U.S. TV viewing, varying by month. This is the largest share of any category and continues to grow. Cable represents about 22% and broadcast about 20%, with the remainder split among other sources like gaming and DVD playback.

Supporting data

Key statistics on cable vs. streaming viewing:

  • 44-47%: Streaming share of total TV viewing (2025)

  • 22-24%: Cable share of total TV viewing (2025)

  • 20-21%: Broadcast share of total TV viewing (2025)

  • 44.8%: Historic streaming share in May 2025

  • 12-13%: YouTube's share of total TV viewing

  • 7-8%: Netflix's share of total TV viewing

  • 18 pts: Streaming share gain since 2021

  • 13 pts: Cable share loss since 2021

  • $50: Minimum streaming ad budget on accessible platforms

  • 100+: Streaming channels accessible via aggregated platforms

Data sources:

Get started with streaming TV advertising

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