Question of the Day: What percent of people watch TV and movies on streaming services compared to traditional TV?
Throw, throw, throw your dough...gently at the streams...
- Streaming: 37% of viewers
- TV: 49% of viewers
- Why do you think there’s been a significant shift toward watching TV and movies on streaming services?
- How might the rise of streaming services influence the type of content that is produced? Are there differences in the kinds of shows or movies that are popular on streaming platforms versus traditional TV?
- With more people watching content on streaming platforms, how might this impact advertising revenue for traditional TV networks?
- Do you think traditional TV will eventually become obsolete due to the rise of streaming services? Why or why not?
Behind the numbers (Morning Brew):
"How much of a price hike would it take for you to give up ad-free access to every episode of Suits?
That’s the question major streaming platforms are pondering as they’ve jacked up subscription prices by 25% on average, per the Wall Street Journal. A basket of streaming services will cost $87 per month this fall, up from $73 a year ago, according to the Financial Times. The average cable package: $83."
Have your students really think about how many of these streaming services they NEED with COMPARE: Needs vs. Wants.
NGPF's Budgeting unit will have your students ready tackle these important financial decisions.