Media Purchase Drivers

Affordability Drives Entertainment Purchases

When it comes to spending money on media and entertainment, price remains the decisive factor. According to Statista Consumer Insights, 27 percent of U.S. respondents say that affordable subscriptions or bundles are a key reason for paying for content, making it the most important purchase driver by a clear margin. Live events and streaming follow at 22 percent, while discovery features such as ratings, reviews and personal recommendations play a secondary role.

The findings suggest that while platforms continue to invest in algorithms to improve content discovery and recommendations, cost-conscious consumers are primarily looking for value. In an increasingly fragmented streaming landscape, bundled offers, discounts and flexible pricing models may prove more effective at attracting and retaining subscribers than incremental improvements in user experience alone.

Description

This chart shows the reasons why U.S. consumers have spent money on media and entertainment.

Download Chart
Premium statistics
Average price consumers are willing to pay extra to access selected media content in the United States as of October 2017 (in U.S. dollars)
Reasons for subscribing to multiple paid video streaming services among adults in the United States as of February 2020
Premium statistics
Consumer actions related to their entertainment subscriptions driven by economic conditions in the United States as of November 2022, by generation
Premium statistics
Primary drivers for consumers to remain subscribed to a video streaming platform in the United States as of September 2023
Premium statistics
Average price consumers are willing to pay extra to access selected media content worldwide as of October 2017 (in U.S. dollars)
Premium statistics
Brands of sources of entertainment rated as must have by consumers in the United States as of October 2022

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

Statista Content & Design

Need infographics, animated videos, presentations, data research or social media charts?

More Information