Streaming Beats Cable As Top TV Service In The US For The First Time

Americans used streaming services more than cable TV for the first time ever in July 2022, according to data from a new monthly study from Nielsen.

The study, which analyzes how audiences consume content across delivery platforms, saw that streaming took the largest share at 34.8%, but only by a very small margin as cable TV followed with 34.4%. Broadcast TV placed third with 21.6%. 

Compared to data from June 2022, broadcast TV usage fell by 3.7%, while cable TV usage dipped by 2%. 

Source: Nielsen

The study saw that Netflix, YouTube, Hulu, and Amazon all increased their monthly viewing shares. Netflix holds on to the lead with 7.7% of the total share. Among the platforms, Disney+ and HBO Max had the smallest share, with 1.8% and 1% respectively.

Newer players like Paramount+, which is now bundled with a Walmart+ subscription, were combined to take up a total of 10.2% of the pie.

HBO Max recently confirmed that it will be removing 36 titles, including 20 originals, from its content lineup. This is part of a series of changes that the platform has been implementing in preparation for its coming merger with the other streaming property of Warner Bros. Discovery, Discovery+.

“As we work toward bringing our content catalogs together under one platform, we will be making changes to the content offering available on both HBO Max and discovery+,” according to HBO Max in a statement. “That will include the removal of some content from both platforms.”


Information for this briefing was found via the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

This Silver Project Looks Great, If Mexico Lets It Happen | Kootenay Silver La Cigarra PEA

The World Is Relearning Why Commodities Matter | Kai Hoffmann – Soar Financial

This Gold Project Still Looks Great at $4,000 Gold | Minera Alamos Copperstone PFS

Recommended

Canadian Gold Maps Out 2026 Drill Plans Across Three Québec Projects

Mercado Minerals Drills 1,120 g/t Silver Equivalent Over 1.20 Metres At Copalito

Related News

A Major Lawsuit Over “South Park” Has Been Filed – But Has Nothing To Do With Meghan Markle And Prince Harry

The controversial lawsuit fodder that is the popular animated American TV show “South Park” has...

Tuesday, February 28, 2023, 03:01:00 PM

Netflix Shareholders Vote Against Nearly $80 Million Pay For Top Execs

In a non-binding protest against exorbitant pay for top media executives, Netflix Inc. (Nasdaq: NFLX)...

Friday, June 2, 2023, 08:55:19 AM

Netflix Loses Streaming Dominance As YouTube Claims Top Spot

It appears Netflix’s (Nasdaq: NFLX) reign as the top streaming platform is over, and it...

Tuesday, February 7, 2023, 09:48:19 AM

Netflix Is Pushing Through With Its Ad-Based Tier Subscription With Microsoft

Following through its previously announced plan to introduce a lower-priced, ad-based subscription tier, Netflix (Nasdaq:...

Saturday, July 16, 2022, 11:19:00 AM

Disappointing Netflix Subscriber News May be an Early Warning Signal About the Economy

On April 19, Netflix, Inc. (NASDAQ: NFLX) reported a surprise 200,000 drop in global subscribers...

Thursday, April 21, 2022, 03:30:00 PM