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U.S. Consumers Spend $924 on Average for Streaming Services Annually

As streaming costs rise, subscribers face decisions on cancellations and upgrades amidst growing demand for content.

Overview

  • On average, U.S. streaming video subscribers pay $924 annually, with some paying over $2,400.
  • 57% of respondents have canceled a subscription due to rate hikes, while 35% have upgraded to avoid ads.
  • The average consumer has 4.5 streaming video subscriptions, indicating a high demand for diverse content.
  • Consumers express frustration over managing multiple subscriptions and show interest in bundling services.
  • Streaming services are introducing ad-supported tiers and cracking down on password sharing to increase profitability.