Global Digital Subscription Snapshot 2022 Q4
The Global Digital Subscription Snapshot, produced in partnership with Piano, is the most comprehensive report on the global digital subscriptions market today. The 2022 Q4 Snapshot includes 140 individual titles, with a global reach of 42.1million digital-only subscriptions, as well as 39 video streaming services with 1.39 billion paying subscribers.
Summing up the current state of subscriptions in his introduction to the report, FIPP President and CEO, James Hewes points out:
“The opening months of 2023 are being billed as an uncertain time for all those that rely on subscription revenues. The combination of a looming recession – one we must be careful not to talk ourselves into – and inflation are casting a shadow over revenue streams that had looked to be in healthy post-Covid recovery. Eyes that had long been diverted elsewhere have started turning back to the relative comfort of the advertising market, quickly forgetting the frequent storms that blow over that particular safe harbour.
“But the evidence of our latest Global Digital Subscription Snapshot suggests otherwise. We see evidence of growth everywhere, and no sign that publishers are yet being affected by any sort of slowdown.”