UK households forecast to spend £4.2bn on Netflix and other services by 2025, overtaking TV packages
Within two years the streaming revolution will claim a new milestone when Britons spend more on services such as Netflix and Disney+ than they do on traditional paid TV packages, according to a report by PwC.
In 2025, British consumers are forecast to spend £4.2bn on subscription video-on-demand (SVoD) services including Netflix, Prime Video, Disney+ and Apple TV+ to get their fill of content ranging from the Star Wars and Marvel franchises to Lord of the Rings (LOTR) spin-offs, comedies such as Ted Lasso and reality TV including Selling Sunset.