cnbc.com_2 on Nostr: Summary of Streaming is getting more expensive for consumers. Here's why ...

Summary of Streaming is getting more expensive for consumers. Here's why

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Streaming is getting more expensive for consumers. Here's why


Legacy media companies employ cheaper, ad-supported models, bundles and more, though price hikes have shown more immediate results toward profitability.

https://www.cnbc.com/2024/08/16/streaming-getting-more-expensive-for-consumers.html

Streaming services are increasing prices to become profitable, with Disney, Warner Bros. Discovery, and Paramount reaching profitability. Companies are offering cheaper ad-supported models, platform bundles, and cracking down on password sharing. Consumers are facing higher subscription costs and frequent price hikes, with 90% agreeing that streaming video subscriptions are raising prices more often than in the past.