As per the latest reports, online video streaming is the world’s most preferred activity. According to a survey conducted in 2018, video streaming has increased to more than 45% worldwide. About 40% of the active daily streamers responded that they watch less live TV. More than half of live streaming video viewers are watching via a social platform, Youtube, Facebook and Instagram are the largest social media video viewing platform worldwide.

On-demand subscriptions outnumbered the cable TV for the first time in 2018, on-demand subscriptions grew to more than 600 million, which is up by 27% in 2017. Cable subscription fell by almost 3% to 556 million. Although a cable subscription is losing in total number, it was reported that cable companies maintained stable revenue and it grew by $6.2 billion to a total of $119 billion.

Netflix added a record of 9.6 million subscribers in the first quarter of 2019, Netflix now has more than 140 million subscribers globally, 60 million of whom are in the US. The rapid growth of SVOD services has brought a huge challenge to Cable TVs. There are more than 3.5 billion internet users in the world, and more than 2 billion of the users are on social media. Youtube is one of the leading companies for the highest video views worldwide.

As more people are getting accustomed to watching online videos, online movie streaming has also grown over the years. A survey revealed that many older adults prefer watching online videos on their laptops or PCs. As most DVD and CD rental stores are declining, old classic movies are hardly available. Many online movie streaming sites offer classics to the latest box office hits. It has attracted more viewers into online movie streaming sites. For more information please visit https://couchtuner123.com/

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