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

Bullet points of Streaming is getting more expensive for consumers. Here's why
- Streaming services are becoming profitable for media companies, but at the cost of higher subscription costs and frequent price hikes.
- Disney, Warner Bros. Discovery, and others are aiming for streaming profits through cheaper ad-supported models, platform bundles, and cracking down on password sharing.
- Price hikes have shown more immediate results toward profitability, with Disney's combined streaming services becoming profitable for the first time during its fiscal third quarter.
- Companies are pushing consumers toward ad-supported tiers, which are often cheaper than commercial-free streaming, in a bid to attract more advertisers.
- Ad revenue has grown for streaming services, with Warner Bros. Discovery's streaming ad revenue doubling year over year and Paramount's revenue growing 16%.
- Bundling services into a single, discounted offering is becoming a key strategy for providers to increase revenue and retain subscribers.
- Streamers are also growing their total users by cracking down on password sharing, with Netflix and Disney making announcements on the matter.
- The streaming competition is expected to continue, with consumers facing rising subscription costs and frequent price hikes.