Last quarter, U.S. consumers spent $329 million on the top ten subscription video apps

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Data released on Tuesday by mobile app analysis firm Sensor Tower indicates that U.S. consumers spent $329 million last quarter to subscribe to the top ten most profitable subscription video on demand (SVOD) mobile apps. The apps, which are available in both the Apple App Store and Google Play Store, include such well known names as Netflix and Hulu. The $329 million spent on these SVOD apps was a 43% increase year-over-year. As a comparison, overall app revenue rung up by the iOS and Android app stores was up 28% during the July-September period.

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