Viewers Shun Traditional Viewing for Netflix and Disney+, Streaming Titles Skyrocket 39%
Portfolio Pulse from Anusuya Lahiri
The popularity of streaming services like Netflix and Disney+ has led to a 39% increase in the number of titles on streaming services over the past two years. The average time it takes someone to find something to watch has risen to more than 10 minutes. The surge is partly due to expanding free, ad-supported streaming services like Paramount Global's Pluto and Fox Corp's Tubi. In May, 60% of all time spent on streaming was for shows originally aired on regular TV.
August 28, 2023 | 5:27 pm
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POSITIVE IMPACT
Disney+ is among the popular streaming services contributing to the surge in the number of titles on streaming platforms.
The growing popularity of Disney+ and the increase in the number of titles on streaming services could potentially lead to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Fox Corp's Tubi is among the free, ad-supported streaming services contributing to the surge in the number of titles on streaming platforms.
The expansion of Fox Corp's Tubi indicates a growing demand for its services, which could potentially lead to an increase in its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Netflix's popularity continues to grow with a surge in the number of titles on streaming services.
The increase in the number of titles on streaming services indicates a growing demand for Netflix's services, which could potentially lead to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Paramount Global's Pluto is among the free, ad-supported streaming services contributing to the surge in the number of titles on streaming platforms.
The expansion of Paramount Global's Pluto indicates a growing demand for its services, which could potentially lead to an increase in its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70