Prime Video Remains Top U.S. Streamer for Third Consecutive Year
Parks Associates list of Top 10 streamers shows little change from 2023
DALLAS—Amazon’s Prime Video remains atop Parks Associates’ annual list of the 10 most-popular U.S. streaming services for the third straight year. Parks bases the chart positions on estimated numbers of subscribers through September 2024 from the firm’s Streaming Video Tracker.
The two streaming leaders maintained their market position from 2003, with Prime Video in the top position above Netflix. Parks Associates said 88% of all households have a streaming service and 42% now use ad-based services, “creating incredible competition for subscription streaming services.”
This year’s top 10 list shows Disney+ taking the third position and pushing Hulu to No. 4. Peacock cracked the top five for the first time, jumping ahead of Max and Paramount+. YouTube Premium held onto its 10th position.
1. | Prime Video |
2. | Netflix |
3. | Disney+ |
4. | Hulu (SVOD) |
5. | Peacock |
6. | Max |
7. | Paramount+ |
8. | Apple TV+ |
9. | ESPN+ |
10. | YouTube Premium |
“Tracking the changes at the top of the market over the past five years reveals the extent of rebranding and consolidation shaping this market,” Parks Associates VP, Research Jennifer Kent said. “Showtime, which was in the top 10 back in 2020 and 2021, no longer exists as a standalone SVOD service and is now a premium add-on tier for Paramount+. We expect to see more premium content used to differentiate subscription tiers or create content bundles, giving consumers choice in how to build their packages.”
The chart positions don’t necessarily jibe with budgets, though, with Peacock parent Comcast NBCUniversal spending an estimated $22 billion, followed by Prime Video at $21.5 billion, Netflix at $19.5 billion and Disney at $18.5 billion, according to Filmtake.
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Tom has covered the broadcast technology market for the past 25 years, including three years handling member communications for the National Association of Broadcasters followed by a year as editor of Video Technology News and DTV Business executive newsletters for Phillips Publishing. In 1999 he launched digitalbroadcasting.com for internet B2B portal Verticalnet. He is also a charter member of the CTA's Academy of Digital TV Pioneers. Since 2001, he has been editor-in-chief of TV Tech (www.tvtech.com), the leading source of news and information on broadcast and related media technology and is a frequent contributor and moderator to the brand’s Tech Leadership events.