"Rising Streaming Costs Squeeze U.S. Consumers: Study"

TL;DR Summary
According to Deloitte's 18th annual Digital Media Trends report, U.S. households spend an average of $61 per month on four streaming video services, up 27% from last year. The survey indicates that consumers are questioning the value of their subscriptions, with 36% feeling the content is not worth the price. Additionally, 48% would consider canceling their favorite service if prices increased by $5 per month. The report also highlights the desire for personalized experiences and easier content discovery, as well as the influence of social media on entertainment consumption and the importance of diversity in creative teams.
Topics:technology#consumer-behavior#deloitte#digital-media-trends#entertainment#streaming-video#subscription-services
- U.S. Consumers Pay Average of $61 per Month for Video Streaming Services: Study Variety
- Streaming price hikes like Netflix, Hulu push Americans to the limit Quartz
- Streaming Households Are Now Spending $61 Per Month on 4 Services IndieWire
- Consumers Expect Personalized Experiences, Social Engagement and Diverse Content: Can Media Deliver? PR Newswire
- Cheap Content, Cheap TV – Display Daily Display Daily
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
3 min
vs 4 min read
Condensed
85%
653 → 97 words
Want the full story? Read the original article
Read on Variety