Gary is a geeky-binge watcher who loves to pen down all that he watches. The night-owl has just got two hobbies, binge-watching all the latest shows and writing everything about them.
Many viewers side with Amazon Prime and Disney Plus, while others side with Max and more. Let's decide which streaming service is the most popular according to facts and figures.
Amazon Prime Video, Disney Plus, and HBO Max were among the most popular streaming services for cord-cutters. However, we cannot ignore that the landscape of streaming services is constantly evolving and growing.
Nowadays, streaming content online is the best way to spend your leisure time, and popular streaming services will help you access exclusive content at the best prices, such as Netflix, Amazon Prime, and Disney Plus, Max, etc. Viewers now have more options, but they will eventually be heavy on your wallets, so let’s do the math and see which streaming service offers the best variety of content at the best prices.
According to a Statista survey, Netflix was the top pick for paid subscribers as Netflix began transitioning to a subscription video-on-demand model in 2007. Since this transition, Netflix’s revenue has increased from 1.36 billion to over 26 billion in only 13 years.
Moreover, Amazon Prime Video is the next most famous online streaming platform, with 67% of respondents saying they hold a membership. That’s down just a bit from 2021, when 69% of those surveyed had an Amazon Prime account.
Hulu and Disney+ tied for third place. Disney+ stepped up its game bit from 52% in 2021 to 53% in 2023. While Disney got subscription numbers, Hulu faced a decline. 55% of respondents in 2021 said they had a Hulu subscription. Now, only 53% do.
Furthermore, with the merger of Discovery WarnerMedia and HBO, the Turner Network rose to 2.5% in the first quarter of 2022, accounting for $8.7 billion. Moreover, the revenue generated from premium subscribers rose to $4 billion, accounting for 4.4%.
In conclusion, these are some of the prominent and top online streaming services currently competing. After a year, you could have a different list due to the constant emergence of streaming platforms and technologies. Some platforms offer their services with a merger with others to stay competitive with emerging services.