April 30, 2020
Karolin Himmel of
recently shared how streaming usage has seen a massive rise since stay-at-home orders were put in place around the world. JustWatch reported that all the major streaming providers saw a three-figure percentage bump as consumers flocked to there streaming devices for things to watch.
“It’s not just Netflix that profits from the pandemic, but Netflix had the biggest increase, followed by Disney+ with +290% on JustWatch,” says Himmel.
Streaming service | +% increase since March 17th |
|---|---|
Netflix | +332% |
Disney Plus | +290% |
Amazon Prime Video | +266% |
Hulu | +259% |
A jump in streaming viewership coincides with unique initiatives aimed at providing consumers e-commerce opportunities while streaming movies and TV at home. NBCUniversal recently announced
, a service that lets viewers scan an NBCU code on their television screens and add products to a universal e-commerce cart.
The ShoppableTV feature is aimed at conveniently giving retailers the ability to connect video entertainment with shopping opportunities in real-time. NBCUniversal has also announced that it will waive technology and cart fees for the platform for the rest of this year to help companies adjusting to shop closures due to the pandemic.
Globally the rise in streaming shows that certain sectors are booming during the quarantine. The specific increase in streaming may not be a simple aberration, either. Studios such as Universal and Disney have chosen to
during the pandemic. Titles such as “Onward” and “Trolls World Tour” have been released online ahead of schedule as movie theaters have temporarily been asked to close during the shutdown.
The early streaming play has worked for many studios with movies like “Trolls World Tour” earning their
. The “Trolls” strong debut coincides with a
strong retail and licensing program
from Universal, which was still able to move forward despite the pandemic.
The entertainment world may be evolving to handle the COVID-19 pandemic but the rise in streaming speaks to the ways IP is still reaching consumers. While the situation may be different, streaming is undoubtedly helping to spread films globally. So, despite being stuck at home, the data shows that millions of people are finding small respites by watching the movies and TV they love with their families.
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