Two thirds of UK will pay to stream films

When it comes to TV, though, we get stingy

A new survey out suggests that the UK is more willing than ever before to part with its cash when it comes to streaming premium movies, but prefers on-demand television to be free.

These stats come for KPMG which has found that 64 per cent of the UK would now spend money on movie streaming - this is an increase of 4 per cent between March and October 2011.

This good news for Lovefilm and Netflix, two of the bigger services currently flogging movie streaming on a subscription basis.

Encouraging message

When it comes to television, though, it seems that we have been spoiled with the iPlayer and are not yet ready to spend money on TV streams.

Just 30 per cent said they would delve into their bank accounts to stream a TV show, an increase of 3 per cent since September 2010.

Liz Bales, Director-General of the Industry Trust for IP Awareness, the UK film and TV industry's copyright education body, said to TechRadar about the findings: "KMPG's research chimes with our own, which has consistently shown that the majority of people are willing to pay for film, TV and video content online.

"The findings send an encouraging message that UK consumers do value creative content and appreciate that there is a need to pay for it, whether it's on or offline.

"The UK audio-visual industry is working hard to provide a growing array of affordable digital services that meet consumers' needs. Today there are more than 30 official sites offering film and TV alone."

ABOUT THE AUTHOR

Content Team Lead

Marc (Twitter, Google+) is the content team lead for Future Technology, where he is in charge of a 14-strong team of journalists who write many of the wonderful stories that end up on TechRadar, T3.com and T3 magazine. Prior to this he was deputy editor of TechRadar, had a 10-month stint editing a weekly iPad magazine, written film reviews for a whole host of publications and has been an integral part of many magazines that are no longer with us.