Kids 2-11 years old prefer YouTube to Netflix

No paywall link: https://archive.is/2023.12.26-012521/https://www.wsj.com/business/media/your-kid-prefers-youtube-to-netflix-thats-a-problem-for-streamers-86b132f8

Summary:

Netflix's share of U.S. streaming viewership by 2- to 11-year-olds fell to 21% in September from 25% two years earlier, according to Nielsen. Meanwhile, YouTube's share jumped to 33% from 29.4% over the same period. That reality is changing major streaming services' approach to children's entertainment, from what shows and movies they make to where they release them. Many are pulling back on investments in children's content, and some streamers have started content for young viewers on such platforms as Google-owned YouTube and Roblox.

[...] Netflix has also slimmed down its slate of animated children's originals, opting instead to rely more on third parties such as Skydance Animation, with which it just signed a multiyear deal to do animated films. Now, Netflix is focusing its youth programming resources on bigger swings, such as the animated film "Leo," starring Adam Sandler, its biggest animated debut ever in terms of views. The eight largest U.S. streamers, including Netflix, Warner's Max and Amazon Prime Video, added 53 originals catering to children and families in the first half of the year, down from 135 for the first half of 2022, according to Ampere. That represents a decrease of 61%, compared with a 31% decrease in overall originals across these streamers for the same period.