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Too Much TV: Streaming Demand Is Drowning in New Series | Chart

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thewrap.com

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newsletter@thewrap.com

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Tue, Jan 2, 2024 11:34 PM

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The path to streaming profitability will likely mean less content By Christofer Hamilton The relentl

The path to streaming profitability will likely mean less content [Woman looking at her phone while she watches TV]( [Too Much TV: Streaming Demand Is Drowning in New Series | Chart]( By Christofer Hamilton The relentless pace of new series premiering in recent years has been a boon for consumers. The challenge audiences face in the peak-streaming era is sorting through the mountain of available content, rather than not having enough options to choose from. However, this state of affairs hasn’t been such a positive for the platforms. The massive spike in the number of recent series available on streamers has not led to an equal rise in demand for these shows. In fact, older shows tend to overperform relative to the share of platforms’ catalogs they make up. Across major U.S. Subscription Video On Demand (SVOD) providers, 52% of shows premiered in 2019 or later. However, while more than half the titles on SVODs have been released since 2019, the newest shows account for only 33% of demand for all shows available on these platforms. [Read More]( --------------------------------------------------------------- [Wrap Pro logo] Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. [Subscribe Today]( --------------------------------------------------------------- [Facebook]( [Twitter]( [Instagram]( [YouTube]( TheWrap | 2034 Armacost Ave Los Angeles, CA 90025 [Preferences]( | [Unsubscribe]( [LiveIntent Logo]( [AdChoices Logo](

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