It’s getting to the point where its becoming a joke. I dont need to show any working. Off the top of my head, I’d have to pay at least $100 to watch all the sport I’m watching.
The more people that pull out, the more they’ll have to listen. I smell another bubble bursting.
As for the sports leagues that are increasingly wanting more and more in rights fees…f**k you. If we have to pull our belts in, so can you. Biscuit brains Ponga doesnt deserve the money he’s on, and a lot of other sports stars are in the same boat.
I don’t spend a huge amount on streaming services as I just come and go from individual services from time to time, which is one of the joys of streamers not having lock-in contracts, but I agree that it’s inevitable that the streaming bubble will burst.
We saw it with pay TV operators when it was clear that a 3-way contest between Foxtel, Optus and Galaxy was not sustainable. And I think there will come a point when a number of streaming services will also have to consolidate to survive. They can’t all last forever.
The barrier for failure appears to be a lot higher for streamers and I’m surprised we haven’t seen more fail (the ones that do seem to have few subscribers and often niche content, excluding say Presto which I think was doomed to fail), thats not to say it wont happen though.
While I can see having a similar number of streaming providers in the market to now being largely sustainable for entertainment and niche services, as far as sports streamers go I can’t see how this is sustainable. To get every sports service that has either a significant sport or a wide range of sports, you now need to fork out at least (assuming 1 screen, and taking annual passes when available):
-Kayo ($25.00 per month)
-Optus ($16.58 per month - annual pass $199.00)
-Stan ($25.00 per month)
-Bein ($14.99 per month- annual pass $179.99)
-Paramount+ ($7.49 per month- annual pass $89.99)
That’s $89.06 per month at the absolute minimum. Surely there will have to be some consolidation in the market in the coming months? I cannot see how this can be in any way shape or form sustainable.
Did a calculation of all my streaming services I subscribe to…
Service
Price
Stan
$16
Flash
$8
Paramount+
$9
Disney
$14
Prime
$7
Netflix
$17
AppleTV+
$10
YouTube (because I dont want ads on my phone lol)
$20
Total
$101
Honestly, this is where I wish that all these production companies did not make their own service, and stayed on Netflix, but I know why they did it though, and I can imagine my spending will increase when Max comes to Australia.
Hopefully there will be consolidation of all these services soon…
The company also revealed that its “Best of British” joint streaming service with ITV, BritBox International, has 3 million subscribers across eight markets including the U.S., Canada, Australia, Nordics and South Africa — up 15% from 2022.
Netflix had 6.1 million subscribers, down 3 per cent, while Amazon Prime Video was up 9 per cent to 4.5 million. Disney+ crept up 1 per cent to 3.1 million, and Stan rose 2 per cent to 2.6 million. Foxtel’s Binge rose 22 per cent to 1.5 million, Paramount+ rose 41 per cent to 1.5 million and Kayo Sports jumped 8 per cent to 1.4 million. These figures include unpaid subscriptions.