DALLAS, Nov. 7, 2018 /PRNewswire/ --Parks Associates today released its updated list of the top 10 subscription over-the-top (OTT) video services in the U.S. market, based on estimated number of subscribers. Netflix, Amazon, and Hulu continue to hold the top-three slots, with HBO Now and Starz moving into the top five.
"Which company is the leading OTT video subscription service remains a topic of debate," said Brett Sappington, Senior Director of Research, Parks Associates. "According to our estimates, Amazon has more Prime Members than Netflix has subscribers. However, when you consider only those Prime Members that use Prime Video, Netflix is the largest. Hulu remains the third largest but continues to grow its subscriber base."
The firm notes the rise of a second tier of OTT video services from services with recognized brands, including several with high profile original content. Online pay-TV services Sling TV and DIRECTV NOW round out the top ten, ahead of similar services Hulu with Live TV, YouTube TV, and PlayStation Vue. Online pay TV has been one of the fastest growing segments in the OTT video space, with aggressive marketing by all.
"HBO, Starz, Showtime, and CBS All Access demonstrate the powerful attractiveness of original content through series like Game of Thrones and Star Trek: Discovery," Sappington said. "This pattern suggests new services such as WarnerMedia's DC Universe and the forthcoming streaming service from Disney could achieve success quickly."
The top subscription sports OTT video services are MLB.TV, WWE Network, and ESPN+. MLB.TV continues to lead the sports OTT subscription category, benefiting from its long tenure as a streaming service and popularity among dedicated baseball fans. WWE also has a dedicated fan base and publicly reported having over 1.2 million U.S. subscribers at the end of Q3 2018.1 ESPN+ is a newcomer to the OTT video marketplace but recently announced that it had exceeded 1 million subscribers.2
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About Parks Associates Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions. http://www.parksassociates.com