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Business Report: Streaming Audience Surges During COVID-19

A Twitch host giving a behind-the-scenes look at TwitchCon on Sept. 26, 2019,...

Photo by Shalina Chatlani

Above: A Twitch host giving a behind-the-scenes look at TwitchCon on Sept. 26, 2019, before the annual streaming and gaming convention open in San Diego on Sept. 27, 2019.

BottomLine Marketing co-founder and SDSU marketing lecturer Miro Copic discusses some of the week’s top business stories with KPBS News.

Q: Hollywood is on hold during COVID-19, but content is in high demand. How are the numbers surging for streaming platforms?

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A: Viewership for streaming services has more than doubled since the beginning of the sheltering in place. Disney Plus crossed the 50 million subscriber threshold just behind Netflix. Netflix has 70 million subscribers in the United States. The show Tiger King on Netflix took off very early. Over 34 million households watched some or all of that series. This is could be a major issue for networks right now because Hollywood is also sheltering in place. Pretty much every television show targeting the fall has been suspended, whether it's on network TV or cable TV. So we're going to see if they can resume production, let's say, in the late summer to actually get shows out in the fall.

Reported by Bennett Lacy

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