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Parks: 38% of U.S. Internet Homes Subscribe to Sports Streaming Service

The NFL is the most popular sport, with 82% of sports viewers regularly watching NFL content across linear TV and streaming during the season, according to new data from Parks Associates.

Pure-play streaming platforms, such as Netflix and Prime Video, plus hybrid agreements with platforms such as NBC/Peacock and CBS/Paramount+ now account for upwards of 33% of the NFL’s total broadcast revenue. The data underscores how live sports streaming is reshaping the economics of leagues, teams, and media distributors, according to Parks.

“Sports have become the backbone of live streaming adoption,” Michael Goodman, senior contributing analyst at Parks, said in a statement. “The ability to deliver interactive, data-driven, and personalized experiences is changing how audiences connect with their favorite teams and leagues. Our research illustrates the huge potential for new monetization models as engagement deepens across connected screens.”

From the article, "Parks: 38% of U.S. Internet Homes Subscribe to Sports Streaming Service" by Erik Gruenwedel

 

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On top of that, the industry churn rate—a metric used to reflect cancelled subscriptions to streaming services overall—shot up 41% in Q1, the most recent statistic available, as consumers experimented...

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Even more pertinent, according to a survey compiled by Parks Associates, 55% of cable subscribers state that live sports is an important factor in why they are staying with expensive cable packages. T...

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