Axios Pro Exclusive Content
PwC: Streaming video revenue growth to slow down through 2026
- Tim Baysinger, author of Axios Pro: Media Deals
Jun 21, 2022
Streaming video revenue growth in the U.S. is expected to slow down over the next five years, according to the latest PwC Global Entertainment & Media Outlook.
Why it matters: PwC's estimates are the latest sign that the pandemic created a mirage of streaming's rapid growth and that companies now must adapt to a slower expansion in the U.S.
By the numbers: Revenues from SVOD (subscription video on demand) services will reach $25.32 billion this year, an increase of 13%, according to PwC.
- In 2021, that growth was 19.5%. It was even higher in 2020, when it grew by 37%.
See also: U.S. digital newspaper ad revenue to surpass print by 2026