10 domestic streaming services shut down in the second quarter of 2026
10 domestic streaming services shut down in the second quarter of 2026
BET+ and other services shut down or were consolidated into other platforms as companies seek more efficiency from their streaming arms.
Now that most top American streaming services have shown the ability to make a profit, their parent companies can shift focus from getting into the black to maximizing those profits they fought so hard for. Raising prices and boosting customer engagement are big parts of that push, but streamers are also consolidating their services and streamlining their businesses to eliminate drags on their revenue streams. New data from Parks Associates highlights this trend, showing that 10 domestic streaming services were phased out or consolidated into other platforms in the second quarter of 2026 alone.
Key Details:
- Not-so-perfect 10: Ten streaming services were phased out in the second quarter of 2026.
- BET+ no more: BET+’s library was integrated with Paramount+ over the summer.
- More to come: Hulu’s standalone app is likely shutting down soon, and HBO Max will be consolidated with Paramount+.
The data from Parks shows a net decline of five streaming services so far in 2026, as compared to the end of 2025. The current number of streamers stands at 336, and in the second quarter alone, 10 individual streaming services were either shut down or consolidated with other platforms by their parent companies.
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Some of the streaming phase-outs in the second quarter were fairly high-profile. Paramount shut down BET+ over the summer, moving the streamer’s library to Paramount+. FanDuel Sports Network shut down its streaming service and regional sports networks, after their parent company, Main Street Sports Group, threw in the towel on a long and tortured fight to stay in business.
As discussed above, companies have figured out how to make streaming pay, at least a little. Now they have to determine how to make it pay more, especially as revenue generated by linear TV channels continues to decline, and box-office receipts still haven’t rebounded to pre-COVID levels.
The shuttering of streaming services will likely continue in the near future. Now that Paramount has settled the last legal challenges standing in the way of its acquisition of Warner Bros. Discovery, it will soon be able to move forward with plans to merge Paramount+ and HBO Max onto a single platform.
Disney is still working toward shutting down the Hulu app as well. The general entertainment service is slowly migrating content over to the Disney+ app, and while viewers will still be able to purchase solo Hulu plans, there will no longer be a platform that houses only Hulu titles once the transition is complete.
Entertainment companies — especially those with expensive sports rights — are walking a tightrope as they try to keep up with the evolving media landscape. They’re making hard decisions as a result, and as the data from Parks shows, not every platform will survive as companies plot the most efficient course for their streaming businesses.
Paramount Plus
Paramount+ is a subscription video streaming service that includes on-demand access to 40,000+ TV show episodes from BET, CBS, Comedy Central, MTV, Nickelodeon, Nick Jr., and more. Get free access with a Walmart+ subscription.
Paramount+ includes “1883,” “Tulsa King,” “Star Trek: Discovery,” “SpongeBob SquarePants,” and “PAW Patrol.” Subscribers can watch the NFL, college football, The Masters, college basketball, UEFA Champions League, UEFA Europa League, Serie A, and NWSL. The service also offers the option to watch your live CBS affiliate. The upgraded ad-free package includes premium movies and shows from Showtime.