With Media/Entertainment being the focus for this week, I decided to do an analyzation of just how many people are watching streaming services and which ones they tend to watch.
I found that Netflix, of course being in the streaming service game longer, has conquered the top of the charts for the past several years. However, competitors like Disney+ and Apple TV jumped into the mix at the end of 2019, and have already gained 1/4th of Netflix’s total. Both Disney+ and Apple TV are on pace to surpass 100 million in 2020 (once all overseas countries have access to them).
It was also interesting to point out that 70% of Americans have at least one streaming service they watch. However, the average American watched 3.4 Different services (FORBES).
The cable bill compared to the streaming bill is through the roof, showing why the service game might stick around longer than expected. Cable buyers pay an average of $107 per/month, compared to streamers who pay an average of $29 per/month.
I found all of this very fascinating and hope you did too!