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Teen share down by half Pay TV share of US teen viewing hours is down by half in three years US teen daily video consumption share Pay TV 50% Netflix Youtube 40% 30% 20% 10% 0% Mar 2016 Sep 2016 Mar 2017 Sep 2017 Mar 2018 Sep 2018 Mar 2019 Sep 2019 Source: Piper Jaffray Benedict Evans –– January 2020 39

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