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Americans’ new TV habit: Subscribe. Watch. Cancel. Repeat. (www.nytimes.com)
submitted 7 months ago by MicroWave@lemmy.world to c/news@lemmy.world
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Many more people are jumping from one streaming subscription to another, a behavior that could have big implications for the entertainment industry.

…

Americans are getting increasingly impulsive about hitting the cancellation button on their streaming services. More than 29 million — about a quarter of domestic paying streaming subscribers — have canceled three or more services over the last two years, according to Antenna, a subscription research firm. And the numbers are rising fast.

The data suggests a sharp shift in consumer behavior — far from the cable era, when viewers largely stuck with a single provider, as well as the early days of the so-called streaming wars, when people kept adding services without culling or jumping around.

Among these nomadic subscribers, some are taking advantage of how easy it is, with a monthly contract and simple click of a button, to hopscotch from one service to the next. Indeed, these users can be fickle — a third of them resubscribe to the canceled service within six months, according to Antenna’s research.

“In three years, this went from a very niche behavior to an absolute mainstream part of the market,” said Jonathan Carson, the chief executive of Antenna.

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[-] Aceticon@lemmy.world 7 points 7 months ago* (last edited 7 months ago)

Well, the true economics of the subject considering the entire market are than a 1 month VPN subscription is cheaper than the cheapest subscription of a single one of these services.

It would be interesting to see the graph of VPN # of active subscriptions next to streaming service # of active subscriptions for the last 2 years.

this post was submitted on 22 Apr 2024
304 points (94.4% liked)

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