Insights
The Power of Anime: Why Hulu and Netflix Are Betting Big on the Genre
Sep 9, 2024
Anime has become one of the most popular genres in American TV, attracting a dedicated and engaged fanbase. Streaming platforms find this genre particularly appealing, as many subscription video-on-demand (SVOD) services tend to have an audience that skews female. In contrast, anime overwhelmingly attracts a younger, male audience. According to Parrot Analytics Audience Solutions, among the major SVOD platforms in the US, only Crunchyroll and Hidive, both specializing in anime, boast a predominantly male viewership. These platforms also have the highest percentage of audiences under 30.Recognizing this demographic opportunity, some streaming platforms have started investing in both licensing Japanese anime and producing their own titles. Of the major SVOD services in the US, Hulu stands out for its reliance on anime content. Anime accounts for 11.8% of the demand in Hulu’s TV catalog—almost double that of Netflix. Hulu also offers the largest anime library, with 9.0% of its catalog dedicated to the genre.
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