Key Takeaways
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- Major streaming platforms experienced an increase in cancellations during September, with Disney+ and Hulu seeing their cancellation rates double.
- The surge in cancellations coincided with a temporary hiatus for Jimmy Kimmel Live, suggesting that programming changes may impact subscriber retention.
- Heightened competition in the streaming market is contributing to difficulties in subscriber retention, as evidenced by the cancellation rates across nine major platforms, including Netflix and HBO Max.
- Future reports will indicate whether this increase in cancellations represents a broader trend or an isolated incident in the streaming industry.
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Subscriber Cancellations Surge Across Major Streaming Platforms in September
Disney’s streaming services experienced an increase in cancellations during September. Specifically, Disney+ saw its cancellation rate rise from 4% to 8%, while Hulu’s increased from 5% to 10%. This rise coincided with a temporary hiatus for Jimmy Kimmel Live, although other factors may also have contributed. Disney’s platforms were not unique in this trend; Fox One and ESPN also struggled with subscriber retention, though specific cancellation figures for them were not disclosed. Across nine major streaming platforms, including Netflix and HBO Max, the average cancellation rate for September stood at 7%. Experts attribute this difficulty in subscriber retention to heightened competition in the streaming market. Future reports, particularly October’s figures, will indicate whether this represents a broader trend or an isolated incident.
In Case You Missed It
In other exciting news on the streaming front, Bruno Pferd has just dropped a comprehensive rundown of this week’s releases on Netflix. In his latest post, “Netflix: This Week’s Releases Featuring Cult Films and a Highly Anticipated New Release,” Bruno dives into an impressive lineup that includes cult classics like “The Blair Witch Project,” “American Psycho,” and “Kill Bill.” But the pièce de résistance is undoubtedly the thriller “A House of Dynamite,” starring Rebecca Ferguson, which has already sparked critical acclaim. Meanwhile, in an unexpected yet thrilling move, Saudi Arabia has announced a $1 billion investment to revitalize SNK, the legendary company behind gaming classics like Fatal Fury and The King of Fighters. Led by Erick Feig, former head of Lionsgate, this ambitious project aims to create Arena SNK Studios, producing big-budget films, animated series, and global experiences based on these cult licenses. And if you’re looking for a captivating musical accompaniment to your gaming sessions, Marcus Thompson’s ‘Soundtrack of Towa and the Guardians of the Sacred Tree’ is now available on top music streaming platforms, including iTunes and Spotify. This enchanting 54-track album, composed by Hitoshi Sakimoto, perfectly complements the game’s fast-paced action and hand-drawn artistry. So if you’re looking to fill your watchlist or simply curious about these groundbreaking ventures in gaming and music, be sure to check out Bruno’s Netflix guide Netflix: This Week’s Releases Featuring Cult Films and a Highly Anticipated New Release, Jonathan Dubinski’s insightful piece on Saudi Arabia’s investment in SNK Saudi Arabia Injects $1 Billion to Make ‘The King of Fighters’ Movies with Former Lionsgate Head, and the immersive soundtrack of Towa and the Guardians of the Sacred Tree Soundtrack of Towa and the Guardians of the Sacred Tree Now Available on Top Music Streaming Platforms.
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