In August, PYMNTS reported the following: “The largest share of U.S. cable or satellite TV users pays more than $100 per month for services,” compared to the average streaming consumer, who pays a mere $40 each month for those services.
Consumers’ appetites for streaming reportedly hit nearly $52 billion in 2020, with $86 billion coming into view by 2025. People love it. Those who recall “I want my MTV” understand the dynamic.
It’s reflected in PYMNTS’ latest Provider Ranking of Streaming Apps, where there has been a stream of changes since we met up a month ago for our previous watch party.
See also: Provider Ranking of Streaming Apps
A few of these are noteworthy changes, so get your snacks — and don’t talk during the show.
The Top Five
YouTube keeps its cool at No. 2, on recent revelations that Google’s video platform has paid more than $30 billion to content creators in just the past three years.
A rising tide lifts all apps, as with Spotify: Music And Podcasts, rising one spot to dock at No. 3.
Up two spots and breaking back into the top five at No. 5 is category innovator Hulu. They should make a limited series about their ranking adventures. We’d watch it.
That’s more streaming changes than you may have bargained for. It continues below the top five line in this rather intriguing update to the Provider Ranking of Streaming Apps.
The Top 10
Another gainer is Amazon Music at No. 6, also up two spots itself. Do we sense a pattern?
For those who underestimate the appeal of an app that dubs and distributes East Asian media and Japanese anime, look who is reentering the charts at No. 7: it’s Funimation.
And yet more gains as the Twitch: Live Game Streaming elevates two chart positions to take No. 8 this cycle. This app goes up and down, but never seems to exit the ranking.
Being different by not changing chart positions for this update, it’s the iHeart: Radio, Music, Podcasts app at No. 9. Sometimes you just want to see your station on the dial.
Until next time, don’t sit so close to the screen(s).