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"Streaming Wars 2025: Content Battles, Global Expansion, and Profitability Pivots"


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STREAMING INDUSTRY UPDATE: MAY 2025

The streaming landscape continues to evolve rapidly in May 2025, with major developments reshaping the industry over the past 48 hours.

Fox Corporation made headlines yesterday by unveiling FOX One, their new wholly-owned direct-to-consumer streaming service[2]. This announcement marks Fox's strategic entry into the increasingly competitive streaming market dominated by established players.

The global streaming market remains robust, valued at approximately $811.37 billion in 2025, growing at an impressive 18.5% CAGR through 2032[3]. Netflix continues to lead with $33.7 billion in revenue and $10.4 billion in profit, demonstrating its successful pivot to profitability[3].

May brings a wave of new content across major platforms. Netflix, Disney+, Max, Hulu, Peacock, Paramount+, and Tubi have all announced their addition lineups for the month[1]. These content refreshes come as platforms compete for subscriber attention and loyalty.

Recent industry disruptions were highlighted in a May 2nd report indicating several streamers are slashing TV services, while Roku launches new devices and YouTube TV expands its multiview capabilities[4]. Additionally, two legacy entertainment companies have reportedly abandoned certain streaming initiatives, signaling ongoing industry consolidation.

The streaming surge occurs against a backdrop of changing media consumption habits. While social media reached 5.04 billion active user identities in early 2024[5], traditional TV viewership continues to decline as consumers increasingly prefer on-demand content.

North America maintains the largest market share in streaming, driven by high internet penetration and mobile device adoption[3]. However, approximately 2.7 billion people globally remain offline[5], indicating substantial growth potential in emerging markets.

As the industry navigates this period of triumphs, turmoil, and transformation, companies are balancing content investments with profitability goals while expanding their global footprints to capture new subscribers in an increasingly saturated domestic market.
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