Media and entertainment spending patterns in the United States reveal intriguing age-related disparities. A late-2024 study found that Americans spent an average of ***** U.S. dollars annually on digital media and entertainment, a slight decrease from two years prior. Notably, consumers aged 35 to 54 outspent other age groups, allocating ***** U.S. dollars per year to digital media consumption. Generational differences in media spending The rise of digital platforms has transformed how different age groups consume media. While ** percent of the general population spent less than 1,000 U.S. dollars on media and entertainment annually, this figure rose to ** percent for those aged 55 and older. Interestingly, it is not the youngest age group that was ready to spend more on media subscriptions, services and products, but millennials - their annual expenses were more likely to reach up to ***** U.S. dollars. This disparity suggests that younger and older generations may be more frugal with their entertainment choices. Consumption follows similar age patterns The spending behavior is a direct result of how different generations consume media. Data on time spent with media types in the United States clearly suggest that millennials favor the more expensive ones - they devote more of their weekly hours to TV connected devices and video on a computer, as well as apps on tablets and internet on a computer. These media are the ones hosting the majority of subscription services - hence the increased spending outcomes. Younger and older generations in this case seem to spend more of their time with free entertainment sources.

In 2023, consumers in the United States spent on average ***** U.S. dollars on entertainment. These expenditures included fees and admissions, pet toys, hobbies, playground and other entertainment supplies, equipment, and services. Compared to the previous year, this spending increased by *** percent.

Consumer spending on digital home entertainment in the United States has skyrocketed, reaching a value of over ** billion U.S. dollars in 2023. This figure represents a staggering sixfold increase from just a decade ago, underscoring the rapid shift in consumer preferences towards digital options. The growth in online video entertainment has come at the expense of physical formats, with subscription video-on-demand (SVOD) services accounting for the majority of this spending. A long and winding road to profitability While SVOD services have experienced tremendous growth, they face challenges in maintaining profitability, prompting strategic shifts. To combat this issue, streaming companies have launched ad-supported tiers, introduced account-sharing fees, and implemented several cost-cutting measures. These actions aim to increase revenue and achieve positive income in the highly competitive streaming landscape. The role of AVOD The ad-supported business model seems to be a solid investment opportunity for growth in the digital video entertainment market. A 2023 survey found that over half of U.S. respondents were likely to subscribe to a streaming service with ads, with younger generations showing the highest interest. This trend aligns with projections for global AVOD revenue, which is expected to reach ** billion U.S. dollars by 2029. The United States will remain the market leader at an estimated ** billion U.S. dollars, followed by China. As consumers seek more affordable options, AVOD may play an increasingly important role in the video streaming world in the years to come.

Graph and download economic data for Total Revenue for Arts, Entertainment, and Recreation, Establishments Subject to Federal Income Tax (REV71TAXABL144QNSA) from Q1 2009 to Q2 2025 about arts, entertainment, recreation, revenue, establishments, tax, federal, income, and USA.

Data on home video entertainment spending in the United States has revealed that SVOD accounted for over ** billion U.S. dollars of all consumer spending on video entertainment in 2024, up from **** billion dollars a decade earlier. Traditional pay TV (or MVPD) made up the highest share of home video entertainment in the past years, but declined by around ** billion U.S. dollars. However, after adjustments for the effects of inflation, the value was even lower.

Consumer spending on digital home entertainment in the United States amounted to over ** billion U.S. dollars in 2024. SVOD spending grew by around ** billion U.S. dollars between 2023 and 2024, reflecting the consistent and growing demand for content available on platforms using this model.

Graph and download economic data for Real Private Fixed Investment in Intellectual Property Products: Entertainment, literary, and artistic originals: Long-lived television programs (Y022RX1A020NBEA) from 2007 to 2023 about television, arts, entertainment, intellectual property, origination, fixed, investment, production, private, real, GDP, and USA.

Graph and download economic data for Gross Domestic Product: Arts, Entertainment, and Recreation (71) in California (CAARTENTRECNGSP) from 1997 to 2024 about arts, entertainment, accommodation, recreation, GSP, private industries, food, CA, services, private, industry, GDP, and USA.

Graph and download economic data for Interest Rates and Price Indexes; Expenditures on Entertainment, Literary, and Artistic Originals; Chain Weights, Level (BOGZ1FL075013503A) from 1945 to 2024 about arts, entertainment, cost, origination, nonresidential, interest rate, interest, rate, price index, indexes, price, and USA.

European Environmentally Related Tax Revenue from Taxes on Transport in Arts, Entertainment and Recreation Share by Country (Million US Dollars), 2023 Discover more data with ReportLinker!

Graph and download economic data for Private Domestic Sectors; Nonresidential Entertainment, Literary, and Artistic Originals, Current Cost Basis, Market Value Levels (BOGZ1LM835013565A) from 1945 to 2024 about arts, entertainment, cost, origination, market value, nonresidential, sector, domestic, private, and USA.

European Environmentally Related Tax Revenue from Taxes on Energy in Arts, Entertainment and Recreation Share by Country (Million US Dollars), 2023 Discover more data with ReportLinker!

European Environmentally Related Tax Revenue from Taxes on Energy in Arts, Entertainment and Recreation Share by Country (Million US Dollars PPP = 2015), 2023 Discover more data with ReportLinker!

Graph and download economic data for Gross Domestic Product: Arts, Entertainment, and Recreation (71) in New York (NYARTENTRECNGSP) from 1997 to 2024 about arts, entertainment, accommodation, recreation, NY, GSP, private industries, food, services, private, industry, GDP, and USA.

Graph and download economic data for Holding Companies; Nonresidential Entertainment, Literary, and Artistic Originals, Current Cost Basis, Transactions (BOGZ1FA735013565A) from 1946 to 2024 about arts, entertainment, cost, origination, nonresidential, transactions, and USA.

Graph and download economic data for Finance Companies; Nonresidential Entertainment, Literary, and Artistic Originals, Current Cost Basis, Transactions (BOGZ1FA615013565A) from 1946 to 2024 about arts, entertainment, cost, origination, finance companies, companies, nonresidential, finance, transactions, financial, and USA.

Graph and download economic data for Labor Compensation for Arts, Entertainment, and Recreation: Amusement and Theme Parks (NAICS 713110) in the United States (IPUSN713110L020000000) from 1987 to 2024 about amusements, arts, entertainment, recreation, compensation, NAICS, IP, labor, and USA.

Graph and download economic data for Nonprofit Organizations; Nonresidential Entertainment, Literary, and Artistic Originals, Current Cost Basis, Transactions (BOGZ1FA165013565A) from 1946 to 2024 about arts, entertainment, cost, origination, nonprofit organizations, nonresidential, transactions, and USA.

Graph and download economic data for Domestic Financial Sectors; Nonresidential Entertainment, Literary, and Artistic Originals, Current Cost Basis, Transactions (BOGZ1FA795013565A) from 1946 to 2024 about arts, entertainment, cost, origination, nonresidential, transactions, sector, domestic, and USA.

Graph and download economic data for Government-Sponsored Enterprises; Nonresidential Entertainment, Literary, and Artistic Originals, Current Cost Basis, Transactions (BOGZ1FA405013565A) from 1946 to 2024 about GSE, arts, entertainment, cost, origination, nonresidential, transactions, and USA.