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Disney announced added 2.1 million subscribers for its fiscal fourth quarter, which ended Oct. 2. That’s down from 12.6 million added the previous quarter.
Slowing growth was also the story at AT&T’s WarnerMedia and ViacomCBS. NBCUniversal’s Peacock added “a few million more subscribers” but didn’t reveal a new figure.
Only Netflix bounced back this quarter, reporting 4.4 million subscriber net additions compared to just 1 million adds in its second quarter. Netflix is expecting an even bigger bounce next quarter, forecasting 8.5 million new subscribers on the strength of “Squid Game” and other buzzy content coming to the service before year end, including “Tiger King 2.”
The slowing growth among most streaming services may suggest pandemic gains are waning as more people return to outside activities and out-of-home work.
Still, the general trend of linear TV cancellations and streaming signups appears to be continuing. Disney, WarnerMedia and AMC Networks all reaffirmed previous full-year and future year forecasts. And while pandemic gains may have slowed, production slowdowns and shutdowns have also ended, which will lead to a surge of new content for all of the streaming services.
Determining who is winning and losing the game isn’t easy. A simple way to gauge that is by looking at total subscribers and average revenue per user, or ARPU. But not every company reveals those numbers.
Here’s a rundown of where all the major streaming services stand after reporting earnings for the calendar third quarter:
- 214 million global paying subscribers (up about 4.4 million from last quarter)
- 74.02 million subscribers in U.S. and Canada (up 0.07 million)
- Average revenue per unit, or ARPU, for U.S. and Canada: $14.68 (up $0.14)
Netflix continues to outpace the rest of the streaming world with total global subscribers and clear regional transparency around paying customers and ARPU. It bounced back in Q3, adding 4.4 million global subscribers after just 1 million the previous quarter.
- Disney+, including Hotstar: 118.1 million subscribers, $4.12 global ARPU (up about 2.1 million from last quarter)
- Hulu subscription video on demand, or SVOD, only: 39.7 million subscribers, $12.75 ARPU (up about 600,000)
- Hulu SVOD+Live TV: 4 million subscribers, $84.89 ARPU (up about 300,000)
- ESPN+: 17.1 million subscribers, $4.74 ARPU (up 2.2 million)
Amazon Prime Video
- In April, Jeff Bezos said more than 175 million Amazon Prime members had streamed shows and movies in the past year. No updates were given during the second or third quarters.
- Prime memberships cost $12.99 a month or $119 a year but offer many benefits other than streaming video — including free one-day or two-day shipping on most Amazon packages. Amazon does not break out ARPU.
- Apple TV+ subscribers: ? (No updates given during third-quarter earnings)
- ARPU: ?
Apple has not revealed subscriber numbers since it launched in 2019. A spokesperson from the International Alliance of Theatrical Stage Employees, a showbiz union that represents behind-the-scenes workers, told CNBC in September that Apple claimed less than 20 million subscribers in the U.S. and Canada as of July 1. In September, Apple saw its sports comedy “Ted Lasso” bring home seven Emmy Awards, a sign that the company’s streaming aspirations are starting to resonate with consumers.
- 54 million “sign-ups” as of July (no update in 3Q)
- ARPU: ?
- Three tiers: Free with commercials, $4.99 a month for fewer ads and more content, $9.99 a month ad-free
Comcast’s NBCUniversal, the parent company of CNBC, did not share an updated sign-ups number for Peacock, though NBCUniversal CEO Jeff Shell said during an earnings call that the streaming service “added a few million more subs” during Q3. The company has not released an official figure for ARPU, but NBCUniversal estimated last year that Peacock would deliver a combined $6 to $7 a month among its three tiers.
WarnerMedia’s HBO and HBO Max
- More than 47 million global streaming subscribers (up about 4.3 million)
- Over 54 million monthly average Pluto TV users (up about 2.1 million)
- ARPU: ?
Growth slowed from the previous quarter when ViacomCBS added about 6.5 million, the “overwhelming majority” of which came from Paramount+.
Average revenue per user remains a question for ViacomCBS, which includes Paramount+, Showtime, Noggin, and BET+ among its streaming subscriber figure.
The majority of Discovery’s 20 million subscribers are from flagship product Discovery+, though Discovery doesn’t break out a specific figure. Other Discovery streaming products include Eurosport Player and GolfTV.
- Total subscribers: ?
- ARPU: ?
AMC Networks did not share subscriber numbers but reaffirmed that it’s on target to reach 9 million paid subscribers by the end of the year, a statement it first made in August. AMC Networks expects to have 20 million to 25 million subscribers by 2025.
Disclosure: NBCUniversal is the parent company of CNBC.
Original news source Credit: www.cnbc.com