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Streaming popularity grows, but TV sales drop due to high prices.
A 2023 report reveals that 60% of U.S. viewers now favor streaming platforms with strong content discovery tools, up from 56% the prior year, highlighting the growing importance of personalized recommendations in user retention.
Meanwhile, global streaming investment in original European content surged to €20.8 billion in 2023, with Netflix’s share dropping to 45% as competitors increased spending.
Despite rising subscriber numbers, global TV shipments fell to 54.55 million in Q4 2023, the lowest in nearly a decade, due to high prices and economic pressures.
Six major U.S. SVOD platforms are projected to reach nearly 946 million subscribers by 2029, with profitability emerging as a key success factor.
La popularidad del streaming crece, pero las ventas de TV caen debido a los altos precios.