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USA and Canada: Prime Video has the lowest churn rate at 8%, while Discovery+ is nearly at 43% 31 MAY 2024

Markets

USA and Canada: Prime Video has the lowest churn rate at 8%, while Discovery+ is nearly at 43%

Research by Parks Associates reported that Prime Video has held the lowest churn rate for the last two years, although Netflix continues to reduce churn by adding more tiers of service and syndicated content.
USA: Ad-supported plans to leverage SVOD growth 31 MAY 2024

Trends

USA: Ad-supported plans to leverage SVOD growth

A study by Hub TV revealed that 18% of total users subscribe to only ad-supported services, showing an increase from 2023 of over 100%.
EIF and European Commision announced new €141 million economic support for the creative sector 29 MAY 2024

Production

EIF and European Commision announced new €141 million economic support for the creative sector

These agreements are supported by the InvestEU programme, which aims to trigger more than €372 billion in additional investments over the period 2021-2027.
USA: Ad-supported plans became the main source of new users 27 MAY 2024

Trends

USA: Ad-supported plans became the main source of new users

According to data from Antenna, 51% of streaming platform’s gross additions came from their ad-supported options, with this number rising to 54% in the first quarter of 2024.
Paramount Global and Charter Communications extended partnership 27 MAY 2024

Deals

Paramount Global and Charter Communications extended partnership

The new multi-year agreement will see ad-Supported Paramount+ Essential and BET+ Essential Included in Spectrum Video Packages at No Additional Cost to Customers, as well as Paramount's DTC products available for purchase by Charter’s internet-only customers.