Montgomery, Alabama
Streaming prices are going up, up, up, and away! It seems like every streaming service is raising its prices. It doesn’t just “seem” that way, it’s true.
Spotify is the latest to announce a price increase, raising the cost of a premium subscription by $1. That isn’t much in the long run but it’s the second price increase in less than a year. Streaming video services have increased prices substantially more in recent years. Remember when we all cut the cord to save money? Well, if you’re subscribed to multiple streaming services, you might be paying more than you did for cable.● Hulu + Live TV is now $77, up from $65 four years ago.● Disney+ has raised its subscription 75% since its launch.If you have a live TV streaming service, Amazon Prime, and Netflix, you could be paying a staggering $570 more than you did in 2020.
Why the price hikes? Streaming services are spending big bucks on sports and original content. And guess who’s footing the bill? It’s us, the subscribers. And on top of the price increases, Netflix and Amazon Prime have both added commercials before and during movies and shows.The best way to save money is by flipping services. Subscribe to one service, binge-watch everything you want, and then cancel and move on to the next. It’s easy to do since these services don’t require long-term commitments.
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