The number of subscriptions to TV streaming services in Britain fell by two million during 2022 as the cost of living crisis hit households
Why you can trust Sky News
. The total number of subscriptions to services such as Netflix in England, Wales and Scotland fell from 30.54 million in the final three months of 2021 to 28.46 million by the end of 2022, according to data from analytics company Kantar. Along with the number of subscriptions declining, the number of people having at least one paid-for subscription fell from 17.12 million in the final three months of 2021 to 16.24 million by the final quarter of 2022.
Many people took out new subscriptions in the run up to Christmas last year but the figures show the pace slowed: 5% of households in Britain signed up to a new streaming subscription during the final quarter of the year, down from 6% a year earlier.The increase is likely to be short lived as one in every 10 consumers plans to cancel one or more subscriptions early this year, Kantar said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Video streaming subscriptions fall by two million in 2022Households cut back on streaming services in their droves as the cost of living rose sharply.
Read more »
Phil Spencer says '2022 was too light on games'Sure, but if you've run out of new videogames to play maybe consider going outside one time.
Read more »
Xbox boss Phil Spencer agrees '2022 was too light on games'Xbox boss Phil Spencer discussed the team's 'commitment to our fans is that we need to have a steady release of great games that people can play on our platform,' adding, 'we didn't do enough of that in 2022.'
Read more »
50% off Fulcrum Racing 6 DB Wheelset - 2022 | Cycling deals from Dealclincher
Read more »
Steiner: Haas F1 2022 rollercoaster better than "just downs" of 2021Gunther Steiner believes Haas’s “rollercoaster” 2022 F1 campaign took “a lot of energy” out of the team, but felt grateful for the highs after “just downs” the previous year. Full story ⬇️
Read more »