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Cost of living starts to bite subscription streaming

Miranda Ward

More than half a million streaming subscriptions were cancelled in Australia in the second quarter of this year, with 37 per cent citing the need to save money as the cost of living started to bite.

A similar proportion specifically scrapped Netflix. Subscription streamers are starting consciously to move their money around between services, picking and choosing based on content at a given time, suggests figures from data analytics firm Kantar.

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Miranda Ward is a journalist covering media and marketing for The Australian Financial Review based in the Sydney office. Connect with Miranda on Twitter. Email Miranda at miward@afr.com

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    Original URL: https://www.afr.com/companies/media-and-marketing/cost-of-living-starts-to-bite-subscription-streaming-20220729-p5b5o2