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Streaming Services Are Raising Prices. Will Customers Stay Loyal?

September 25, 2023
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Streaming Services Are Raising Prices. Will Customers Stay Loyal?
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Food, travel, gas –– even as inflation has dipped, it’s hard not to notice the higher price tags and higher bills that still dominate the market. It might be tempting to sit down and watch your favorite Netflix show, but that now comes with some added stress, too. 

Streamflation is here: The average price of an ad-free streaming service will increase by 25% in a year, according to a Wall Street Journal report. 

What started as a cost-effective alternative to cable TV is now an equally expensive requirement for the modern TV viewer. In 2008, when Netflix first started offering unlimited streaming, a subscription cost $8.99 per month; the same level of access now costs $15.49 per month. Disney+ launched at $6.99 per month and now costs double that at $13.99 per month. 

With streamers trying to combat massive financial losses on expensive services in…

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