Sports programming’s availability on subscription streaming platforms is leading to new sign-ups, but that doesn’t always translate to retention, according to data shared in Antenna’s State of Subscriptions: Sports & Streaming report. During the NFL’s 2023 and 2024 seasons, Paramount+ saw an average of 117,000 daily sign-ups, a 41% higher average sign-up rate compared to the NFL offseason in those years, according to the report. Peacock, meanwhile, averaged 76,000 daily sign-ups during those seasons, up nearly 25% compared to the offseason periods, Antenna found. Meanwhile, consumers who cancelled Peacock following the streamer’s WWE Premium Live Events were 40x more likely to watch WWE Raw on Netflix, according to the report. Antenna, which aggregates information from data collection partners that provide consumer opt-in transaction records like digital purchase and cancellation receipts, tracked continued growth in league-level sports services, virtual MVPDs, and regional sports networks as sports continues to expand its foothold in the digital world. Marketing Brew has rounded up some of the other highlights from the report below. New kids on the block: The continued interest in live sports on streaming was demonstrated through the new sports streamer ESPN Unlimited, which picked up 1.7 million sign-ups through October since its August debut, per Antenna. Two-thirds of those sign-ups were for bundles, like the ESPN Unlimited/Disney+/Hulu offering, Antenna found. Fox One, a similar paid streamer that includes access to live sports and also hit the market in August drew 2.3 million sign-ups through October, 60% of which came from Amazon Channels, according to the report. In all, Antenna estimates that ESPN Unlimited and FOX One had a combined 4 million sign-ups by the end of October. Read more here.—JS |