"Americans Struggle as Streaming Prices Soar"

1 min read
Source: Gizmodo
"Americans Struggle as Streaming Prices Soar"
Photo: Gizmodo
TL;DR Summary

A new report from Deloitte reveals that the average American household now spends $61 a month on streaming services, with many feeling pushed to their limits by price hikes and various tactics to extract more money. The study indicates that half of respondents would cancel a subscription if prices increased by just $5, and a majority of Gen Z and millennials desire a way to consolidate their streaming services for easier content access. As streaming costs approach those of traditional cable packages, consumers are growing weary of the escalating expenses and the perceived lack of improvement in streaming algorithms, turning the once-favored streaming experience into what some are calling "Cable 2.0."

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