11 NOV 2024

USA: “Peak TV” still delivering an abundance of favorite TV to watch

Research by Hub found that expanded licensing continues to offer viewers a consistent flow of fresh content to enjoy.

11 NOV 2024

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Despite the Hollywood strikes, the volume of shows produced during the “Peak TV” years has left viewers with an embarrassment of riches. Data from Hub’s annual “Conquering Content” study suggested expanded licensing is still providing viewers with a steady stream of new things to watch. Across major services, the number of users who feel those streaming services produce more originals than others declined in 2024. This is the first time that number has gone down in the past few years.

However, viewers are noticing that there are more places to find shows than ever before. Consumers are noticing the impact that recent expanded studio content licensing deals are having on ways to watch. More than half (60%) agree that they are seeing more shows available in places that differ from where they originally aired – a direct result of studios seeking more revenue by licensing their shows to other streamers and new FAST services.

Plus, viewers are more likely to say their new favorite shows are older shows that came out a while ago. An increasing majority (60%) say that the new favorite show they recently discovered is actually an older show that has been on for several seasons, rather than a new show that just came out in 2024.

As a result, viewers are happier than ever with what they are watching. In fact, nearly 8 out of 10 (79%) viewers agree that more of their TV time is spent watching TV shows they really like, up significantly from the COVID days of 2020.

“More than ever, viewers are embracing favorite original shows that they may not have seen when they first came out,” said Jason Platt Zolov, Senior Consultant for Hub. “As studios continue to make these shows more broadly accessible, consumers will benefit as long as the streamers can help viewers find those shows with better recommendations and discovery tools," he concluded.