Streaming services employ various revenue models to monetize their offerings:
Subscription-Based Model: Users pay a recurring fee to access the content library. This is the primary model for services like Netflix and Disney+. Ad-Supported Model: Content is offered for free or at a reduced cost, but users are exposed to advertisements. Hulu and Spotify offer ad-supported tiers. Pay-Per-View: Users pay for individual pieces of content. This model is commonly used for live events such as sports or concerts. Freemium Model: Basic services are offered for free, but premium features or content require payment. Spotify and YouTube employ this strategy.