Thread by @latimes, Streaming platforms like HBO Max and Disney+ are struggling with a phenomenon [...]

A new report suggests more than 60% of people who dropped a streaming service did so after they watched the show or movie that got them to sign up.

Let's say you sign up for HBO Max to watch “The Flight Attendant.” You eventually finish the series, and you browse for your next binge-viewing fix.

That's when the clock starts ticking. https://www.latimes.com/entertainment-arts/business/story/2021-01-18/streaming-services-churn-hollywood-netflix-disney

A new report suggests more than 60% of people who dropped a streaming service did so after they watched the show or movie that got them to sign up.

Because the services are so easy to cancel, they are seeing a lot of people leave.

A survey found that 46% of respondents canceled at least one in the last year. That's not all the survey found:
https://www.latimes.com/entertainment-arts/business/story/2021-01-18/streaming-services-churn-hollywood-netflix-disney

The data suggests it’s becoming harder for media and entertainment companies to retain subscribers as competition increases, one expert said.

The survey also reported how many services people are subscribed to, on average
https://www.latimes.com/entertainment-arts/business/story/2021-01-18/streaming-services-churn-hollywood-netflix-disney

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