Teens spend more than half of their daily video consumption on just two apps, according to data from investment firm Piper Sandler's biannual survey.
What Happened: The survey reveals that American teens are now spending 57.8% of their daily video viewing time on just two apps – Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube, and Netflix Inc. (NASDAQ:NFLX).
YouTube has also managed to pull ahead of Netflix, with a 29.1% share, while Netflix is a close second at 28.7%.
While YouTube gained a 1 %-point market share, rising from 28.1% since spring, Netflix lost 2.2% points during the same period. Coincidentally, both ...