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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

Q3 Streaming Revenues Grew 4% From Prior Quarter to $16.7 Billion, Wells Fargo Reports

A stack of money.

Revenue for subscription and ad-supported streaming services totaled $16.7 billion in the third quarter, up 4% from the second quarter and 16% from a year ago, according to a report from Wells Fargo analyst Steven Cahall.

Cahall said that revenue growth had slowed in 2022, but has bounced back a bit to 3% to 5% in 2023.

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