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Streaming surpasses combined broadcast and cable viewing for first time ever

1. Streaming has surpassed traditional TV for the first time, reaching 44.8%. 2. YouTube's share of TV viewing rose to 12.5%, leading all streaming platforms. 3. Ad-supported services significantly contributed to streaming growth and user engagement. 4. Major media companies restructuring signals a shift towards streaming-first strategies. 5. Netflix continues to dominate the subscription market with a 27% viewing gain.

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Why Bullish?

Streaming's growth indicates increasing competition, benefiting YouTube's ad revenue, which directly influences GOOG positively. Historical patterns show similar impacts when streaming viewership grows, boosting digital advertising revenue streams.

How important is it?

The article discusses significant industry trends in streaming that directly relate to GOOG's primary revenue generator, YouTube. The substantial rise in streaming viewership and YouTube’s leading position enhances growth prospects.

Why Long Term?

The trend towards streaming is likely to persist, enhancing YouTube's market position and ad revenues. Long-term transformative shifts in consumer behavior favor streaming, promising ongoing benefits for GOOG.

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