Data shows 62% of Apple TV+ subscribers are on a trial, most don't plan to renew
The majority of Apple TV+ subscribers are currently on a free promotional trial and most don't plan to renew their subscriptions, a new survey claims.
Credit: Apple
In the fourth quarter of 2020, 62% of Apple TV+ users were on a promotional plan, according to MoffetNathan's Q4 SVOD Tracker report (via Variety). Those promotional plans have been given to buyers of new Apple products since Apple TV+ launched in 2019.
The data suggests that most users either don't plan to resubscribe when their trials end or are unsure if they will. According to the data, 30% said they plan to renew their subscriptions, 29% said they were not going to resubscribe, and the rest said they were unsure.
Those numbers lag behind Apple TV+ competitors like Disney+. The same survey indicated that only 16% of Disney+ subscribers were on a promotional plan. Among those, 48% said they were going to resubscribe and only 19% said they weren't.
According to Variety, one issue for Apple TV+ may be its lack of content compared to other platforms. The service offers a total of 55 originals, while other video-on-demand services offer thousands of titles.
Apple has yet to disclose Apple TV+ subscriber numbers.
Keeping Apple TV+ subscribers, however, appears to be a priority for the company. In October 2020, Apple extended its free trial to the end of February 2021. In January, Apple extended the trial to July.
Credit: Apple
In the fourth quarter of 2020, 62% of Apple TV+ users were on a promotional plan, according to MoffetNathan's Q4 SVOD Tracker report (via Variety). Those promotional plans have been given to buyers of new Apple products since Apple TV+ launched in 2019.
The data suggests that most users either don't plan to resubscribe when their trials end or are unsure if they will. According to the data, 30% said they plan to renew their subscriptions, 29% said they were not going to resubscribe, and the rest said they were unsure.
Those numbers lag behind Apple TV+ competitors like Disney+. The same survey indicated that only 16% of Disney+ subscribers were on a promotional plan. Among those, 48% said they were going to resubscribe and only 19% said they weren't.
According to Variety, one issue for Apple TV+ may be its lack of content compared to other platforms. The service offers a total of 55 originals, while other video-on-demand services offer thousands of titles.
Apple has yet to disclose Apple TV+ subscriber numbers.
Keeping Apple TV+ subscribers, however, appears to be a priority for the company. In October 2020, Apple extended its free trial to the end of February 2021. In January, Apple extended the trial to July.
Comments
I wish I had a better-formed view of the nature of the entertainment on it, that could certainly be my fault for not keeping up with it. I won't be subbing once my seemingly endless free period ends but I like that it's an option for some.
That isn't to say that Apple won't have something I won't ever put money down on a monthly or annual basis, it's simply not going to happen today and possibly not for a couple years due to how long it takes to build quality original content. How many decades was HBO creating their own content before signing on George R.R. Martin's best-selling book series? At least since the 1980s, and in the meantime they were airing the same re-run movie eight times day. I think Apple will eventually have a Jon Faverau create their own Mandalorian, but even that original story is supported by decades of Star Wars appeal that is not possible to create overnight.
EDIT - NVM - was a three minute glitch on all stock sites... back up... whew!
Leaving aside that it is very public television ( or “ Art House”. You know, commercially unsuccessful but earns ego boosting praise from the kind of people who attend all the right dinner parties) in its content so far, there just isn’t enough of it. Every now and again something is released I can binge on over a few days, then months pass. I will not be renewing my subscription when the free period ends.
I don’t think the other streamers have them.
/s
This says it all. TV+ can't compete.