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However, the industry is also maturing. In the U.S., SVOD subscriber growth dropped to 7% in 2025 from 12% the previous year, even as streaming revenue grew 14% to $77.7 billion. New subscriptions declined by 33% in 2025 compared to 2024. Analysts note that “growth is not disappearing, it is shifting,” and that over the next five years, growth is expected to slow significantly across all regions as markets become increasingly saturated. One of the most notable trends in recent

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