Many more people are jumping from one streaming subscription to another, a behavior that could have big implications for the entertainment industry.
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Americans are getting increasingly impulsive about hitting the cancellation button on their streaming services. More than 29 million — about a quarter of domestic paying streaming subscribers — have canceled three or more services over the last two years, according to Antenna, a subscription research firm. And the numbers are rising fast.
The data suggests a sharp shift in consumer behavior — far from the cable era, when viewers largely stuck with a single provider, as well as the early days of the so-called streaming wars, when people kept adding services without culling or jumping around.
Among these nomadic subscribers, some are taking advantage of how easy it is, with a monthly contract and simple click of a button, to hopscotch from one service to the next. Indeed, these users can be fickle — a third of them resubscribe to the canceled service within six months, according to Antenna’s research.
“In three years, this went from a very niche behavior to an absolute mainstream part of the market,” said Jonathan Carson, the chief executive of Antenna.
This is a good thing. No matter how they try to paint it. I only stuck with some when interest and content waned because I was grandfathered in. When Netflix etc. took that away it made dumping them an easy decision. Not an “impulsive” one. There’s no point in being loyal to these companies. Especially when they pulled this shit after previously they claimed we were locked in on that pricing and started forcing ads. Greedy bastards.
Netflix is the only one I don’t cancel but I get a free sub through my provider. The rest come and go at my whims.