UK Video Streaming Market Shows Signs of Recovery in Last Quarter of 2022

Paramount CEO and President of Paramount Streaming and Co-Founder and CEO of Pluto TV Tom Ryan speaks during an LG press event at CES 2023 at the Mandalay Bay Convention Center on January 04, 2023 in Las Vegas, Nevada. (Getty Images via AFP)
Paramount CEO and President of Paramount Streaming and Co-Founder and CEO of Pluto TV Tom Ryan speaks during an LG press event at CES 2023 at the Mandalay Bay Convention Center on January 04, 2023 in Las Vegas, Nevada. (Getty Images via AFP)
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UK Video Streaming Market Shows Signs of Recovery in Last Quarter of 2022

Paramount CEO and President of Paramount Streaming and Co-Founder and CEO of Pluto TV Tom Ryan speaks during an LG press event at CES 2023 at the Mandalay Bay Convention Center on January 04, 2023 in Las Vegas, Nevada. (Getty Images via AFP)
Paramount CEO and President of Paramount Streaming and Co-Founder and CEO of Pluto TV Tom Ryan speaks during an LG press event at CES 2023 at the Mandalay Bay Convention Center on January 04, 2023 in Las Vegas, Nevada. (Getty Images via AFP)

The UK video streaming market showed a tentative recovery in the final quarter of 2022, with subscriber numbers edging higher after a sharp decline earlier in the year when cash-strapped households sought savings, industry data showed on Monday.

Market researcher Kantar said that between October and December the number of UK homes that had at least one paid-for video streaming service rose by 55,000 to 16.24 million, representing 56% of households.

The gains were driven mainly by Prime Video, AppleTV+ and Paramount+, rather than Netflix.

Kantar said 5% of British households took out a new streaming subscription during the final quarter of the year.

The recovery followed a period of 12 months when one million British households dropped out of the subscription video-on-demand market, as they prioritized spending on essentials, such as food and energy.

“Prime Video had a strong final quarter of the year, with an increasing number of households taking out Prime memberships and using the Prime delivery service in the run-up to the Christmas holidays," Dominic Sunnebo, global insight director, Kantar, Worldpanel Division, said.

However, the recovery may be short lived, Kantar added.

The proportion of consumers planning to cancel one or more video-on-demand services in the next quarter rose to 12% versus 10% in the third quarter of 2022, it said, indicating that short-term subscribers looking to cover the festive period could soon cut back.

Getting an accurate gauge of the UK economy is currently proving tricky.

Official UK retail sales data showed inflation-pinched consumers cut their shopping by the most in the key month of December in at least 25 years and consumer confidence levels are at historic lows.

However, several major British retailers, including Tesco , Sainsbury's and Marks & Spencer, reported better-than-expected Christmas sales, while airlines have reported strong bookings into summer.

Also, unemployment is close to its lowest in almost 50 years.



Mariah Carey, Chubby Checker, Cyndi Lauper, OutKast and Phish Get Rock Hall Nominations

This combination of photos show Trey Anastasio, from left, Mariah Carey, Billy Idol and Cyndi Lauper. (AP Photo)
This combination of photos show Trey Anastasio, from left, Mariah Carey, Billy Idol and Cyndi Lauper. (AP Photo)
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Mariah Carey, Chubby Checker, Cyndi Lauper, OutKast and Phish Get Rock Hall Nominations

This combination of photos show Trey Anastasio, from left, Mariah Carey, Billy Idol and Cyndi Lauper. (AP Photo)
This combination of photos show Trey Anastasio, from left, Mariah Carey, Billy Idol and Cyndi Lauper. (AP Photo)

Mariah Carey, Chubby Checker, Cyndi Lauper, OutKast and Phish are some the 2025 nominees for induction into the Rock & Roll Hall of Fame, a list that also includes two sets of musical brothers who have had public feuds and recent reunions — the Black Crowes and Oasis.
The Hall revealed the list of 14 performer nominees Wednesday, including Bad Company, Joe Cocker, Billy Idol, Joy Division/New Order, Maná, Soundgarden and the White Stripes.
Eight of the 14 nominees are on the ballot for the first time: Bad Company, the Black Crowes, Chubby Checker, Joe Cocker, Billy Idol, Maná, OutKast and Phish.
Two candidates this year — Carey and Checker — have had powerful impacts on the charts and culture. Carey has 19 No. 1 hits on the Billboard Hot 100, while Checker’s recording of “The Twist,” and subsequent “Let’s Twist Again” are considered among the most popular songs in the history of rock ‘n’ roll.
Oasis was one of the dominant British acts of the 1990s, producing hits including “Wonderwall” and “Don’t Look Back in Anger.” Its sound was fueled by singalong rock choruses and the combustible chemistry between guitarist-songwriter Noel Gallagher and his brother Liam, the band’s singer.
Their American equivalent is the Black Crowes, who mix Southern boogie, stuttering stomp, blues harmonica, glam rock, and ’70s harmonies starting with their debut album “Shake Your Money Maker.” For many years singer Chris Robinson and his brother, guitarist Rich Robinson, did not speak. One word appeared on the band's Instagram account after their inclusion in the Hall's list: “Humbled.”
Lauper rose to fame in the 1980s with hits such as “Time After Time” and “Girls Just Want To Have Fun” and went on to winning a Tony Award for “Kinky Boots.” OutKast, made up of André 3000 and Big Boi, have six Grammys and a reputation for pushing the boundaries of hip-hop.
The 2025 Inductees will be revealed in late April, along with inductees entering the hall under three special committee categories: Musical influence, musical excellence and the Ahmet Ertegun Non-Performer Award.
Artists must have released their first commercial recording at least 25 years before they’re eligible for induction. The induction ceremony will take place in Los Angeles this fall.
Nominees will be voted on by more than 1,200 artists, historians and music industry professionals. The selection criteria include “an artist’s impact on other musicians, the scope and longevity of their career and body of work, as well as their innovation and excellence in style and technique.”
Last year, Mary J. Blige,Cher, Foreigner, A Tribe Called Quest, Kool & The Gang, Ozzy Osbourne, Dave Matthews Band and singer-guitarist Peter Frampton all were inducted.