US EditionCanadians streaming more even as leading providers jack prices and increase ads: report
- Canadians are increasingly choosing streaming platforms like Netflix and Disney Plus, despite rising prices for these services, according to an annual report by Convergence Research.
- As of the end of last year, 46 percent of Canadian households lacked a traditional TV subscription, with growth expected to 54 percent by 2027.
- Subscription revenue for streaming services in Canada grew by about 15 percent year-over-year, reaching $4.2 billion, even as traditional TV saw a revenue drop of 5 percent to $6.5 billion.
- The Canadian Radio-television and Telecommunications Commission requires foreign streamers to contribute 5 percent of their Canadian revenue to a fund for producing Canadian content.
26 Articles
26 Articles
SooToday.com
'TV is becoming niche': Streaming grows in Canada despite rising prices, report says
Canadians are increasingly opting to watch TV through paid streaming platforms such as Netflix or Disney Plus despite the prices of those services continuing to rise.
The Hamilton Spectator
The Record‘TV is becoming niche’: Streaming grows in Canada despite rising prices, report says
Canadians are increasingly opting to watch TV through paid streaming platforms such as Netflix or Disney Plus despite the prices of those services continuing to rise.
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