This document summarizes key trends in U.S. video consumption over the past 5 years based on Nielsen data. It finds that while total TV screen time has increased slightly, when and how people watch video has significantly changed. Younger viewers in particular have shifted to watching more video on smartphones, tablets, computers, and game consoles rather than live TV. The increasing popularity of video on demand and connectivity of TVs and other devices to the internet has also created new opportunities for video providers.