By REBECCA WAGNER, Student Reporter
Based on statistics in recent years, people have switched to using streaming content more than they have in the past.
In the past, few people would use streaming websites to access their movies or music more than they use cable, but in recent years, it has become the standard way for many people to consume such content.
When asked, it’s not uncommon for people to have more than one streaming site.
The questions to ask are: “Is streaming cheaper than having cable?” and “Is that why many people have started to lean more towards streaming?”
Depending on the package and how many channels are picked up on the cable package, it can cost $45 to $130. That price is lower compared to a person owning three different streaming sites. The person can spend up to $366.87 a year in fees.
Streaming sites have different advantages because they have access to movies and shows that do not appear on a normal cable package.
Many people use more than one streaming service, and they do not just stick to one for long.
They will use it for a while and then get bored, so they will move on to the next and see what is offered. Other times, there are shows on offered on certain sites, so people will purchase and start to use those sites to watch that specific show.
Streaming companies have increased their ratings and revenue in the past couple years. From 2017 to 2020, revenue has gone up for video steaming sites by $13 billion.
Much of the younger generations are the ones that stream and purchase subscriptions.
People between the ages of 18 and 45 stream video content 28% more when compared to people ages 45 and up.
Radio streaming reaches a different age group in higher numbers than video. It reaches the age range 12-35 more than the other age group of 35 and up.
Video streaming is the new way of watching television, and many people are leaving cable behind.