The biggest TV releases of 2020 could cost you over £450 in payments and subscriptions to various streaming services, research has found.
Ocean Finance analysed all the top streaming services – Netflix, Apple TV+, Amazon Prime Video, Disney+, BBC iPlayer, Now TV and Britbox – to calculate the cost of pop culture in 2020.
It found the cost of 38 of the most-anticipated shows of 2020, including new seasons of American Horror Story, Doctor Who and The Walking Dead, comes to a massive £456.23 – that’s without free trials or bundle deals.
Meanwhile, the an annual subscription to all streaming services will cost you a whopping £579.13.
The research found Amazon Prime TV is four times better value than Netflix, giving you the most content for your cash. Based on its 16,669 available programmes and cost of £7.99 a month, you can see a huge 211 movies or TV shows per £1 with an annual subscription.
Meanwhile, based on its 5,572 available shows and a subscription cost of £8.99 per month, you can only watch 52 shows or films per £1 on Netflix – less than a quarter than on Amazon Prime TV.
Amazon Prime TV is also better for “bingeing” because of its colossal amount of content. You can watch 1,446 hours of TV or movies for £1 with Amazon, which is double Netflix’s offering of 702 hours.
And Now TV is even further behind, delivering just 608 hours of content per £1, the analysis found.
However, with 13.4 million subscribers, the UK spends the most on BBC iPlayer, at a massive £2bn per year. It might be free to use but you’ll need to pay £154.50 for a mandatory TV licence, no matter what you want to watch.
Brits spend half this amount on Netflix, at £1bn per year, and even less on Amazon, which costs the UK £600m annually.
Anastasia Letsos at Ocean Finance said: “It’s tempting to sign up to the top streaming services when they offer such great content. However, our research shows that a subscription to the top seven streaming services would set you back £650, so you may want to plan which shows to budget for.
“Our findings show that the most cost-effective service is Amazon Prime TV which offers 211 shows, or 1,446 hours of content per £1 spent. However, Netflix has the most-anticipated shows of 2020 – 29% – verses Amazon, which boasts 21% of the must-see shows of 2020.
“If it’s original content you’re looking for then head to Disney, which spends £18.6bn on their new releases.”