{"id":20431,"date":"2023-11-09T15:17:54","date_gmt":"2023-11-09T15:17:54","guid":{"rendered":"https:\/\/mysourcefunding.com\/marketing\/how-the-streamers-are-stacking-up-year-end-edition\/"},"modified":"2023-11-09T15:17:55","modified_gmt":"2023-11-09T15:17:55","slug":"how-the-streamers-are-stacking-up-year-end-edition","status":"publish","type":"post","link":"https:\/\/mysourcefunding.com\/?p=20431","title":{"rendered":"How the streamers are stacking up, year-end edition"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"style__InlineSubscribeWrapper-sc-6c5f8bb2-1 ejIYkL\">\n<div class=\"style__Container-sc-6fdcc87e-0 style__RoundedContainer-sc-6c630ac0-0 iTWzCH wGFGp\">\n<h5 class=\"dist__StyledText-sc-630f0a6f-12 klywaN inline-subscribe\">Get marketing news you&#8217;ll actually want to read<\/h5>\n<p class=\"dist__StyledText-sc-630f0a6f-12 djCKmk inline-subscribe\">Marketing Brew informs marketing pros of the latest on brand strategy, social media, and ad tech via our weekday newsletter, virtual events, marketing conferences, and digital guides.<\/p>\n<\/div>\n<\/div>\n<p class=\"dist__StyledText-sc-630f0a6f-12 eHEXyM\">In the world of streaming, it\u2019s not a competition. Just kidding! It definitely is.<\/p>\n<p class=\"dist__StyledText-sc-630f0a6f-12 eHEXyM\">Now that we\u2019re through another earnings season, we have updates from the major media companies about the global size of their streaming services and their forays into ad-supported streaming in what will likely be our last look at subscriber counts until 2024. While most companies are focused on profitability over sheer scale, size still matters\u2014especially considering the necessary scale advertisers want to see on ad-supported tiers.<\/p>\n<p class=\"dist__StyledText-sc-630f0a6f-12 eHEXyM\">Here\u2019s the rundown.<\/p>\n<p class=\"dist__StyledText-sc-630f0a6f-12 eHEXyM\">Netflix counted 247 million subscribers worldwide, nearly 9 million more than a quarter prior, ahead of its move to raise prices for ad-free viewing in the US, UK, and France. The company\u2019s ad tier, which is just over a year old, has 15 million subscribers worldwide.<\/p>\n<p class=\"dist__StyledText-sc-630f0a6f-12 eHEXyM\">Disney+ ended the quarter with 112.6 million global subscribers, up 7 million from the prior quarter. More than half of new Disney+ subscribers in its most recent quarter opted for an ad-supported tier, CEO Bob Iger said.<\/p>\n<ul>\n<li>Hulu, which is soon to be fully owned by Disney, ended the quarter with 48.5 million subscribers, relatively flat compared to the prior quarter.<\/li>\n<li>ESPN+, also owned by Disney, ended the quarter with 26 million subscribers.<\/li>\n<\/ul>\n<p class=\"dist__StyledText-sc-630f0a6f-12 eHEXyM\">Max (fka HBO Max), Discovery+,and some smaller Warner Bros. Discovery-owned streaming services ended the quarter with a combined 95.1 million subscribers, marking the second consecutive quarter of subscriber losses at the company.<\/p>\n<ul>\n<li>Warner Bros. Discovery CEO David Zaslav partially blamed the losses on \u201cone of our lightest original content schedules in years\u201d due, in part, to the lengthy writers\u2019 and actors\u2019 strikes.<\/li>\n<\/ul>\n<p class=\"dist__StyledText-sc-630f0a6f-12 eHEXyM\">Paramount+ ended the quarter with 63 million subscribers, 2.7 million more than the prior quarter. Advertising revenue in the company\u2019s DTC sector, which also includes free ad-supported streaming service Pluto TV, was up 18% in the quarter.<\/p>\n<p class=\"dist__StyledText-sc-630f0a6f-12 eHEXyM\">Peacock cleared 28 million subscribers at quarter\u2019s end, and is working on developing new ways to monetize streaming viewing, like through shoppable ads.<\/p>\n<p class=\"dist__StyledText-sc-630f0a6f-12 eHEXyM\"><strong>Moneymaker?<\/strong> As streamers have increasingly focused on profitability, they\u2019ve almost uniformly opted to raise prices on ad-free viewing to incentivize ad-supported watching. That seems to be working: At Warner Bros. Discovery, for instance, streaming segment revenues were up 5% in the quarter despite subscriber shrinkage.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketingbrew.com\/stories\/2023\/11\/09\/how-streaming-services-stacked-up-in-q3?utm_source=&#038;utm_medium=syndication&#038;utm_campaign=feed\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get marketing news you&#8217;ll actually want to read Marketing Brew informs marketing pros of the latest on brand strategy, social media, and ad tech via our weekday newsletter, virtual events, marketing conferences, and digital guides. In the world of streaming, it\u2019s not a competition. Just kidding! It definitely is. Now that we\u2019re through another earnings [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[78],"tags":[],"class_list":{"0":"post-20431","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-marketing"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How the streamers are stacking up, year-end edition | Brandiary<\/title>\n<meta name=\"description\" content=\"Get marketing news you&#039;ll actually want to readMarketing Brew informs marketing pros of the latest on brand strategy, social media, and ad tech via our\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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