Ad-Supported Tiers Now Own 28% of Streaming Revenue

Abstract

  • Ad-supported tiers accounted for 28% of global streaming subscription revenues in 2025 — a 460% jump from 2020.
  • Total global streaming revenues hit $177 billion in 2025, with $157 billion from subscriptions and $20 billion from advertising on ad-supported tiers.
  • Streaming subscription revenues are on track to exceed $200 billion by 2030, driven by price increases and the growth of hybrid subscription models.
  • Netflix more than doubled its ad revenues last year despite only entering the ads business three years ago.

Platforms aren’t chasing subscriber counts anymore, instead they’re focused on getting more value out of the audiences they already have. According to new research, ad-supported tiers made up 28% of global streaming subscription revenues in 2025, a 460% increase from 2020. Total global streaming revenues hit $177 billion last year, with $20 billion coming from advertising alone. 

The results from that shift in priorities speak for themselves. Netflix, once the poster child for ad-free streaming, more than doubled its ad revenues last year after launching its ad-supported tier just three years ago. With subscription revenues forecast to surpass $200 billion by 2030, hybrid models combining paid and ad-supported tiers are quickly becoming the industry standard. For advertisers, this represents a rare moment of alignment: inventory is expanding just as audience demand for affordable streaming is rising.

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