TiVo report: Consumers spending less on streaming platforms

The average monthly cost of entertainment services and platforms fell below $160 for the first time in five years, according to Xperi's TiVo

Film and TV fans are taking advantage of ad-supported streaming services as a way to reduce expenses on their end, according to a new report released by Xperi’s TiVo on Tuesday.

The Q4 2024 Video Trends Report indicates streamers are growing aware that they are purchasing more access to streaming services than they may necessarily use in a given period. To address this, more are switching to ad-supported plans — which often include the same TV shows and movies, but at a lower price point — and simply turning off services they don’t use entirely.