"Rising Streaming Costs Strain American Wallets: Can Media Keep Up?"

TL;DR Summary
A new report from Deloitte reveals that the average American household now spends $61 a month on streaming services, with half of respondents willing to cancel a subscription if prices increase by $5. Consumers are increasingly frustrated with the rising costs, password crackdowns, and ad injections, as well as the lack of improvement in streaming service algorithms. This has led many to question whether streaming is still a good deal compared to traditional cable packages, with 75% of Gen Z and millennials expressing a desire for a way to combine multiple streaming services for easier content access.
Topics:technology#cable-alternatives#consumer-frustration#deloitte-report#entertainment#price-hikes#streaming-services
- Streaming price hikes like Netflix, Hulu push Americans to the limit Quartz
- U.S. Consumers Pay Average of $61 per Month for Video Streaming Services: Study Variety
- Streaming Households Are Now Spending $61 Per Month on 4 Services IndieWire
- Consumers Expect Personalized Experiences, Social Engagement and Diverse Content: Can Media Deliver? PR Newswire
- More than a third of streaming subscribers say it's not worth price Fast Company
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