A new report from Strategy Analytics revealed that US consumers would eventually rely much on OTT platforms than regular Pay TV. This was depicted in a statistical analysis, where the spending on on-demand streaming services will surpass legacy Pay TV in 2024, as more and more consumers are willing to cut the cord. Also, it’s revealed that over 82% of Americans have OTT subscriptions.

OTTs vs. Pay TV

US Consumers to Spend More on OTTs Than Pay TV For the First Time in 2024 - 1