Consumers Shift Spending as TV Streaming Costs Soar
Friday, 1 March 2024, 19:09
Rise in TV Streaming Spending
Consumer spending on TV streaming services has increased significantly in recent years, with a 70% rise observed since 2021.
Household Expenditure
The number of households paying over $100 per month for streaming services has more than doubled, showcasing the growing impact of ‘streamflation’.
Conclusion: The surge in TV streaming spending highlights a notable shift in consumer behavior towards digital entertainment, with implications for both the media industry and household budgets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.