
November 2023 marked
the first time that more streaming sign-ups took place for ad-supported than for ad-free streaming subscriptions.
Antenna, a research company covering the subscription
economy, said 11.2 million ad-supported signups -- representing 51% of all premium streaming signups -- occurred in November, with 49% or 10.8 million sign-ups for advertising-free
platforms.
A total of 22.0 million sign-ups occurred in November for overall advertising-free and ad-supported platforms.
Peacock
added 3.3 million in the month or 15% to the overall total, while Hulu grew 14% (3.08 million); Disney+, 7% (1.54 million); Paramount+, 6% (1.32 million) and Max, 5% (1.1 million), and another
860,000 ad-supported subscribers went to Netflix or Discovery+.
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The data also includes all versions of advertising-free platforms of those listed above, as well as
Apple TV+ and Starz.
Earlier in the year, for the six months preceding November 2023, total ad-free sign-ups represented 60% or more share of overall new premium
streaming subscribers.
For months, critics have talked up the sharply rising growth -- in terms of viewership and other metrics -- that has come to ad-supported
streaming.
Earlier this week, New Street Research estimated Netflix will grow an additional 13 million ad-option subscribers for 2024.
In November 2023, Netflix said it had 15 million global monthly active users for its “Basic With Ads” option.
This month Amy Reinhard, president of advertising for
Netflix, said that number had grown to 23 million.