Which goes a long way towards explaining why Tencent just engineered a mega-merger of streaming services
Chinese users of short video services consume an average 110 minutes of such content every day, according to a new report from industry group the China Netcasting Services Association.
The Association on Tuesday published its “2020 China Network Audiovisual Development Research Report” into the nation’s use of online video. Some of the numbers are staggering: 901 million residents of the Middle Kingdom consume online audio-visual content, of which 818 million watch short videos, for 110 minutes a day.
Do the math: 818 million people times 110 minutes is just under 1.5 billion hours of video every day, or a lazy 171,000 years of video watching. Every day.
