Report: Video Streaming Market Nearing Saturation

TheWrap: The video streaming market may be “approaching saturation” as it shows a slow growth rate for the first time, a new study has found. The study, conducted by research and consulting firm Strategy Analytics, found that U.S. consumers will spend $6.62 billion on video streaming services in 2016, which includes Netflix, Amazon Prime and Hulu. While this might mean a $1.19 billion, or 22 percent, increase from 2015, it’s actually lower that the previous year’s increase — $1.21 billion in 2015.