Documentary-focused streaming television service CuriosityStream now has 15 million paying subscribers, an increase of 2 million subscribers compared to six months ago, according to the company’s latest earnings report.
The company generated more than $39 million in revenue last year compared to $18 million in 2019 and more than $11 million in revenue last quarter compared to nearly $7 million at the same time in 2019, the company revealed.
“We had a strong 2020, ending the year with more than double our 2019 revenue with approximately 15 million subscribers,” Clint Stinchcomb, CuriosityStream’s chief executive, said in a statement.
CuriosityStream has “one of the largest libraries of facutal content in the world,” Sinchcomb asserted.
Most of the documentaries that appear on CuriosityStream are licensed from public broadcasters abroad, though some are produced by domestic documentary crews.
That content has attracted around 15 million paying subscribers as of the end of 2020 — more than double the number of subscribers CuriosityStream had at the end of 2019.
Executives are projecting revenue of “at least $71 million, or 80 percent year-over-year growth,” the company said in a statement released on Tuesday.
CuriosityStream is available on most streaming TV platforms, including Roku, Andorid TV, Amazon Fire TV, Apple TV, TiVo, Samsung’s Tizen OS, LG’s WebOS and Xbox One. Apps are also available for Android and Apple smartphones and tablets.
A subscription to CuriosityStream costs $3 a month for HD video streams and $10 a month for ultra-high definition (4K) video streams, with annual subscriptions available as well.