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submitted 1 year ago by MicroWave@lemmy.world to c/news@lemmy.world

After years of inflation, Americans are used to sticker shock. But nothing compares to the surging price of streaming video.

Last week, Apple TV+ became the latest streaming service to raise its price—up from $6.99 to $9.99 per month—following the example of Disney+, Hulu, ESPN+, and Netflix, which all hiked their prices in October.

Half of the major streaming platforms in the U.S. now charge a monthly fee that’s double the price they charged when they initially came to market. And many of these streaming services haven’t even been around for 10 years.

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[-] nicetriangle@kbin.social 54 points 1 year ago

Some of us suddenly stopped paying anything for streaming this year.

[-] TheTim@lemmy.world 54 points 1 year ago

Yup, no reason at all to stop raising prices. Not a one.

🏴‍☠️

[-] SkepticalButOpenMinded@lemmy.ca 45 points 1 year ago

What the hell. Can people please cancel en masse already? Why are consumers putting up with this? The price increases stop once it’s not profitable anymore.

[-] Chozo@kbin.social 14 points 1 year ago

The price increases stop once it’s not profitable anymore.

When has this ever happened?

[-] SkepticalButOpenMinded@lemmy.ca 7 points 1 year ago

Just to be clear, are you questioning whether there’s ever been a case where prices have been stable because a company is worried about losing customers? I mean, there are tons. We’re coming out of a 20 year period of historically low inflation. High inflation is recent, not inevitable.

Consumer electronics are an obvious example. Smart phone prices actually dropped this year on soft demand.

[-] stella@lemm.ee 2 points 1 year ago

This generation of consumers is even dumber than the last one.

They pride themselves on getting taken for a ride because it gives them a sense of belonging.

[-] lightnsfw@reddthat.com 42 points 1 year ago

Consumers are paying

That. That's the reason they're not stopping.

[-] Russty@lemmy.world 41 points 1 year ago

My household has drastically cut back on what we subscribe to. It's honestly overwhelming figuring out where to go to watch something, much less justifying paying for multiple services.

[-] RootBeerGuy@discuss.tchncs.de 18 points 1 year ago

There is a one-stop shop where you can watch anything, matey!

[-] Kidplayer_666@lemm.ee 2 points 1 year ago

Just sail the high seas

[-] stella@lemm.ee 5 points 1 year ago

You can stream pretty much anything for free here: https://fmoviesz.to/

Just make sure you have uBlock Origin installed.

If you ever get lost, just search 'free streaming sites reddit' and go from there.

[-] ares35@kbin.social 1 points 1 year ago

i finally said fk it and dumped cable earlier this year, even though i can't pick-up locals off an antenna where i am--was pretty much the only reason i had it.

haven't subbed to an online service in over a year. the free services have been enough. currently in month two of a free trial month at prime and have pretty much run out of things to watch there. as work quiets down here til feb, i'll probably sub to a service for a single monthly cycle over the holiday to have something 'extra' to pick from.

i also have my hdds of mp4, plus discs and even tapes to fall-back on, too, but i won't ever go back to cable unless they change their entire model, and i don't see myself ever subbing to a service full-time (it would have to be a sweetheart annual deal) or having multiple subs at once. i really liked having that extra cash in my pocket from dumping cable--too bad my greedy landlord wanted, too.

[-] foggy@lemmy.world 37 points 1 year ago

🏴‍☠️

[-] Rakonat@lemmy.world 32 points 1 year ago

Why is the VPN singing sea shanties?

[-] comfyquaker@lemmy.world 23 points 1 year ago

dvd and bluray are so goshdarn cheap that my wife and I thought to just buy everything we like watching physically. yeah we still have to rent new things every so often, but we generally just watch completed series or older movies.

we did an activity called ‘the vault’ where we identified ~800 movies/series that we could just live with forever. Now that the list was made its been the fun casual game of hunting for the best deal.

for instance, we like horror and we found all Blu-rays of the nightmare on elm street for like $15, all Halloween movies for ~$30, original star trek complete series $25.

I am predicting that our 800 works will cost somewhere around $2000? i winced at seeing that price, but spreading it over a few years of searching (we like trying to find our copies at local used stores) i think it isn’t too bad! plus its another activity for me and my wife to do.

Simply realizing that “wow we should just buy the stuff we watch on repeat” has been good for the monthly expenses. yeah we miss out on some exclusive stuff, but honestly there is just so much good shit out there from the past. i can certainly wait for that exclusive stuff to go on sale or finish up its finale so i can resub for a month to binge it.

certainly not laying out all the pros and cons of doing it, but i think the adventure of rediscovering physical media again has been showing is more pros than cons.

[-] Guest_User@lemmy.world 17 points 1 year ago

I'm all for owning media and having hard copies but not sure I am following on the financial side. $2000 for your "vault" is around 16 years worth of paying for streaming services. That's not including your self reported extra renting. Do you think the 16 year ROI is worth it? Is the higher quality media a factor?

Just curious how it would be good for your "monthly expenses" given how much you are intending to spend.

[-] skyspydude1@lemmy.world 2 points 1 year ago

16 years of a single ad-ridden service, maybe. Most people probably have more than just their lone Disney+ bundle or Netflix, so I'd say it's probably closer to 5 years, also assuming they don't continue to raise prices, which obviously won't happen.

[-] Rentlar@lemmy.ca 2 points 1 year ago

Watching through complete old series will save you from the disappointment of a show getting canned after one season which seems to be all the rage with streaming providers now.

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[-] stopthatgirl7@kbin.social 22 points 1 year ago

But how will the CEOs be able to buy their fourth super yacht if they don’t raise prices more? Won’t someone please think of the CEOs stuck with only three super yachts?

[-] unreliable@discuss.tchncs.de 22 points 1 year ago

Disney is for those have kids, they will pay a lot to have sure they have a free time. Apple tv can rise whatever they want, apple clients already prove they pay any questionable thing for whatever price they offer.

[-] Zorg@lemmings.world 16 points 1 year ago

For other parents: PBS Kids Video It has a bunch of stuff, can be cast to a TV for toddlers; or put on a tablet for older toddlers.

For paid streaming services, we have decided to limit ourselves to two at a time. Once we're bored with one, we cancel it and do another for a while.

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[-] hperrin@lemmy.world 22 points 1 year ago
[-] Behaviorbabe@kbin.social 20 points 1 year ago

We stopped subscribing to anything. I get some stuff as part of my phone plan but once thats over I am not paying to have these services. I pretty much fell behind on torrent, so there will be a learning curve.

[-] hitmyspot@aussie.zone 12 points 1 year ago

It’s easier now. It’s automated.

[-] Telodzrum@lemmy.world 6 points 1 year ago

We stopped all the subscriptions in the spring. I pay for Usenet access, but it’s less than Netflix alone used to be. It’s automated and I don’t have to worry if my services have what I want to watch.

[-] jballs@sh.itjust.works 20 points 1 year ago* (last edited 1 year ago)

Pushing ads pushes profits

Some observers see another reason for the frequent price hikes: to push subscribers to their breaking point, and compel them to opt for a lower-priced, or even free, ad-supported plan instead.

Disney CEO Bob Iger said as much during an August earnings call: “We’re obviously trying, with our pricing strategy, to migrate more subs to the advertiser-supported tier.”

Why? Unlike a paid subscription, which brings in a fixed amount of revenue each month, there is no ceiling to advertising revenue. The number of ads displayed and the rates a streaming platform can charge marketers for the ads are constantly fluctuating, offering unlimited revenue upside.

Son of a bitch

[-] stella@lemm.ee 15 points 1 year ago* (last edited 1 year ago)

I've been making fun of them for years and they just keep doubling down on their stupidity.

I've lost hope for this generation.

You can stream pretty much anything for free here: https://fmoviesz.to/

Just make sure you have uBlock Origin installed.

Use your brains, not your wallets. (unless you're a useful idiot)

[-] kofe@lemmy.ml 5 points 1 year ago

Ok, question. I'm totally tech illiterate, but have heard these kinds sites are used to farm for crypto? Like I'd rather just not watch new shows or movies at this point until I can take the time to learn to pirate again safely.

[-] SheeEttin@lemmy.world 5 points 1 year ago

Adblockers should block those scripts too.

Even if it didn't, don't worry about it. All it does is run a script on the webpage. It used a little of your CPU time, but otherwise doesn't affect your PC.

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[-] SkepticalButOpenMinded@lemmy.ca 4 points 1 year ago

Which “generation” are you referring to? I’m willing to bet the older generations, ya know the ones who paid hundreds on cable a month for decades, are the least price sensitive and tech savvy.

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[-] DarkThoughts@kbin.social 11 points 1 year ago

and analysts say there’s no reason for the companies to stop raising prices

Well, my VPN is cheaper and won't restrict me via fragmented exclusive content.

[-] sygnius@lemmy.world 3 points 1 year ago

Not only using the VPN for that, but also, to take advantage of regional pricing for subscriptions in other countries. After the price hike, I'm paying $5 for Netflix in another country instead of the US price. Still get the same shows as a US subscription.

[-] Ghostalmedia@lemmy.world 6 points 1 year ago* (last edited 1 year ago)

Of the price increases, the Apple one is the only one that doesn’t really offend me. It was dirt cheap after it launched because it didn’t have a big library of original content. No one was going to pay more than $5 for that service.

Now they have somewhat of a modest library, and now it’s $7.

Edit: got my numbers wrong. Going from $7 to $10

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[-] Nadalofsoccer@lemmy.world 5 points 1 year ago
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[-] snausagesinablanket@lemmy.world 5 points 1 year ago

The good news is more and more pirate streaming sites are up like 123series.art and movie-web.app.

[-] takeda@lemmy.world 4 points 1 year ago

They didn't include Jolly Roger.

[-] fleabomber@lemm.ee 3 points 1 year ago

I'm about to give them some reasons.

[-] Norgur@kbin.social 3 points 1 year ago

With a hay, hay ho and a hay hay hey,
We're hoisting the flag to be free

[-] Zellith@kbin.social 2 points 1 year ago
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this post was submitted on 06 Nov 2023
285 points (98.6% liked)

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