In the third quarter of 2021, the proportion of US households who have a video subscription has dropped to 85% (down 1 percentage point quarter on quarter, and up 2 percentage points year on year), according to Kantar.
Amazon Prime Video had the single largest share of new subscribers during the period, and has been steadily gaining market penetration, which can partly be attributed to its acquisition of sporting rights, according to Kantar.
British appetite for SVOD continues to grow, and, while people are increasingly contracting more OTT platforms, at the same time, fewer and fewer households are subscribing to traditional pay TV services, according to Kantar.
New US video subscribers dropped from 12.9% of US households to 3.9% year on year, according to Kantar’s Entertainment on Demand, the solution measuring streaming service subscription levels.
In its recent webinar, Kantar IBOPE Media revealed that overall media consumption is increasing significantly during the lockdown, with online media channels and TV providing new opportunities to reach audiences.