New research has predicted that 2023 will be the final year American consumer’s spend on TV and film rises before hitting a steady decline over the coming years.
According to an Ampere Analysis report, U.S. spend on video services – encompassing streamers, pay-TV and theatrical – will decline by 8% between 2023 and 2027, leaving the figure just above the $1000 per household mark. This represents a decline of $90 per household by 2027.
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