Consumers have more options for monthly streaming subscription service offerings as many cut the cord and expand their content options with plans from companies like Netflix, HBO, Hulu, and soon-to-be Disney+.
Among adults in the U.S. that Morning Consult surveyed, 17 percent thought that $15 or less for a monthly streaming subscription was too expensive. Most consumers price threshold hovered around the $20 to $35 range, with a little over a quarter of respondents capping that as their upper cost. Still, 37 percent of people put their maximum streaming service subscription north of $50.
While the $50 per month price tag may seem astronomical when compared to SVOD services that currently price their content at around $16 per month, Morning Consult found that about 90 percent of consumers pay more than $50 per month for cable. Though the comparative price of streaming subscriptions is significantly less than monthly cable, companies like Netflix experienced pushback when they raised prices earlier this year.
Related Infographics
FAQ
- The Statista "Chart of the Day", made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Statista. When publishing one of these graphics, please include a backlink to the respective infographic URL. More Information
- The Statista "Chart of the Day" currently focuses on two sectors: "Media and Technology", updated daily and featuring the latest statistics from the media, internet, telecommunications and consumer electronics industries; and "Economy and Society", which current data from the United States and around the world relating to economic and political issues as well as sports and entertainment.
- For individual content and infographics in your Corporate Design, please visit our agency website www.statista.design
Any more questions?
Get in touch with us quickly and easily.
We are happy to help!
Do you still have questions?
Feel free to contact us anytime using our contact form or visit our FAQ page.
Your contact to the Infographics Newsroom
Statista Content & Design
Need infographics, animated videos, presentations, data research or social media charts?