While the now-resolved Hollywood strikes disrupted streamers’ original content pipelines, nearly all of the major players saw a boost in their subscriber bases during the latest round of earnings.
Price increases and ad-supported tiers have given a lift to average revenue per user, while cost-cutting and lower content spend from the strikes have helped the legacy media giants make progress on their paths to streaming profitability.
Unsurprisingly, Netflix, with 247 million subscribers, continues to lead the pack in both subscribers and average revenue per user. On the subscriber front, Disney+ is in second with 150 million subscribers, followed by Warner Bros.
Leave a Reply