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US video streaming market growth starts to slow - study

Wednesday 25 May 2016 | 13:38 CET | News
The growth rate in the US video streaming market is slowing for the first time, suggesting that the market is approaching saturation, according to new research from Strategy Analytics. US consumers will spend USD 6.62 billion on video streaming services in 2016, up 22 percent or USD 1.19 billion from 2015. However, this growth will be less than the USD 1.21 billion spend increase registered in 2015. Strategy Analytics' Digital Media Director, Michael Goodman, said that although this change is relatively small, it is extremely significant at it suggests that the US streaming subscription

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Categories: Internet
Companies: Amazon / Hulu / Netflix
Countries: United States
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