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this post was submitted on 31 Aug 2023
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This is the best summary I could come up with:
There are more options to stream TV shows, movies and music these days — from Netflix to Crave, Paramount+ to BritBox, and Rogers Sportsnet Now to Spotify.
But as those subscriptions add up, industry watchers point out that multiple options often come with a higher overall entertainment bill, with prices rising for services such as Disney+ and Spotify.
That means for many Canadians, the days of subscribing to one affordable streaming platform are gone — and they won't be coming back, experts say.
And as both U.S. and Canadian economies have shifted in recent years, investors and shareholders have become less willing to invest in companies that aren't delivering immediate profits.
He said companies want streaming profit margins to match the money they used to make from older, higher-priced cable and satellite TV bundles.
Echoing a famous Canadian retail slogan, the film industry expert pointed out that consumers need to just get used to higher prices overall.
The original article contains 634 words, the summary contains 154 words. Saved 76%. I'm a bot and I'm open source!