The Rising Cost of Streaming: Is it Worth it?

1 min read
Source: The Verge
The Rising Cost of Streaming: Is it Worth it?
Photo: The Verge
TL;DR Summary

Streaming services such as Netflix, Hulu, Disney Plus, and others have been steadily increasing their prices, with Netflix's most expensive plan now crossing the $20 threshold. These price hikes are driven by factors such as slower subscriber growth, rising costs of content creation and licensing, and the need to cash in on existing subscribers. While Netflix has set the bar for premium-tier pricing, other services are expected to follow suit. To offset rising prices, streamers are exploring ad-supported plans, which have proven to be lucrative. The gap between premium and ad-supported plans is widening, with the majority of subscribers opting for the cheaper option.

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