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Stream fatigue? Americans spent 23% less on streaming services in 2024, study finds (www.thewrap.com)

submitted 1 year ago by MicroWave@lemmy.world to c/news@lemmy.world

51 comments fedilink hide all child comments

Summary

In 2024, Americans spent 23% less on streaming services, averaging $42.38 per month, down from $55.04 in 2023.

Factors include "streaming fatigue," with 27.8% overwhelmed by the number of apps, and increased spending on cable/satellite TV, which rose 11% to $89.29 monthly.

Many switched to cheaper ad-supported streaming options, which hit a record 43% of subscriptions.

The average American now has two streaming services, watches four hours daily, and 26.5% share accounts with others, reflecting shifting viewing and spending habits.

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[–] Free_Opinions@feddit.uk 4 points 1 year ago (1 children)

Spotify is the only streaming service I've ever paid for and few months back I even canceled that.

[–] FlyingSquid@lemmy.world 2 points 1 year ago* (last edited 1 year ago)

We needed a family plan for music streaming because we all do stream a lot of music and if you like to discover new stuff- my wife and daughter do, I don't, it's just harder to do if you expect to purchase or pirate music.

But we did get rid of all other streaming services and get the YouTube Premium family plan, which cost slightly more than Spotify, has the same amount of music, still has the whole 'discover new stuff' thing with their music app, allows you to watch or listen to YouTube videos while in other apps, lets you also listen to YouTube videos with your phone off, and, best of all, no YouTube ads.

Yes, I'm giving money to Google. I'm also not giving money to a bunch of other awful companies and you just have to pick and choose in this capitalist nightmare world if you want to live a non-shitty life.

Edit: YouTube also offers a bunch of streaming movies and TV shows that are not just crappy copies someone has uploaded or whatever, which is a nice bonus.

Edit 2: Forgot to say that you can put five people on the family plan, so we put our mothers-in-law on it too, they contribute, so it is actually cheaper for us than Spotify.