• US streaming got a jolt in Q2

    From JAB@21:1/5 to All on Fri Jul 21 11:36:12 2023
    US streaming services have clearly turned their attention toward
    profitability and away from driving subscriber growth at any cost.
    Despite that backdrop, the penetration rate of streaming services
    appears to have accelerated a bit in the second quarter of 2023,
    according to a new survey focused on the usage of streaming services.

    Streaming penetration of US households rose to 84% in Q2, the highest sequential change versus a Q1 since that data's been tracked by a
    HarrisX survey that is regularly analyzed by MoffettNathanson (a unit
    of SVB Securities). That Q2 84% penetration rate in Q1 2023 compared
    to 82% in the prior quarter and 81% in the year-ago quarter.

    Drilling down a bit deeper, the survey also found that older streamers
    were a key driver, as every service grew share of nearly every
    demographic 30 years or older compared to a flat or a slight decline
    in the 18- to 24-year-old group.

    https://www.lightreading.com/cable-tech/us-streaming-got-jolt-in-q2---study-/d/d-id/785719?

    Streaming penetration of US households rose to 84% in Q2

    Seems high....unless Smartphones are included...

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