Netflix still has roughly 220 million subscribersĭespite its current troubles, streaming giant Netflix still has around 220 million subscribers. it’s far from the only service making the most of Netflix’s misfortune, though: HBO Max added 12.8 million new subscribers in 2021 and Paramount plus gained 10.5 million in the first half of 2022. Meanwhile, Disney+ has continued to thrive, reporting nearly 20 million new customers in H1 2022. Despite adding 36 million new subscribersduring the first year of the COVID-19 pandemic (with almost 16 million in the first quarter alone), Netflix is struggling to retain customers, with around 1.2 million cancellations in the first half of 2022. While Netflix has long been considered the streaming service to have, the company’s fortunes are beginning to change. Netflix is starting to lose ground to other streaming services Here are some of the most eye-opening stats from 2018–2022 that help illustrate the current trends in video streaming. In many countries, users can now stream all of their favorite video content, from live TV to on-demand video. Video streaming stats and factsĪs internet bandwidth and speeds increase, streaming video is becoming a viable option for more consumers across the world. In this post, we reveal recent facts and statistics that help paint a picture of the video and music streaming industries. From Netflix to YouTube to Spotify streaming services operate in almost every country, though as we’ll see, certain platforms do better in some locations than others.Īs streaming becomes increasingly popular, we’re given access to a massive amount of data that can be used to help quantify the growing trends that promise to bring an end to traditional entertainment avenues. For many people, online streaming is now the preferred method for viewing shows, movies, sports, and events, so it should come as no surprise that this applies to music as well.
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