The only way you'd pay more now than before with an all-in-one cable service is if you subscribe to multiple (more than 4 or 5) streaming services at the same time. Most people don't do that.Cutting the cord baby!
20 different subscriptions that keep going up in price... Plus internet service... end result is more money monthly than we ever paid for an all-in-one cable service.
Streaming Trends for 2024: 44% Report Streaming Costs Increasing Over the Last Year
In an age where the digital world is our primary source of entertainment, the streaming service market is more competitive and complex than ever. Consumers find themselves at a crossroads, navigating between an ever-growing selection of platforms, each vying for their attention and subscription doll
www.forbes.com
Key Takeaways
- 86% of people pay for more than one streaming service each month
- The average American spends $39 per month on streaming subscriptions
According to the survey findings, the average person subscribes to 2.8 streaming services — with nearly 10% paying for more than five streaming services at any given time.
There are clear generational divides when it comes to the number of streaming services the average person uses. Specifically, Baby Boomers statistically use the fewest streaming services while Millennials and Gen X are neck-and-neck when it comes to who uses the most.
Let's say you subscribe to the most expensive services and on a monthly (most expensive way vs annual) basis...
- Netflix premium 4K service at $19.99/mo
- HBO Max Ultimate service at $19.99/mo
- Amazon Prime at $14.99/mo
- Disney Plus (no ads) at $10.99/mo
That's 4 services for a total of $65.96/mo. But again, most people don't subscribe to that many services all at one time.
Add in broadband internet service for between $40 and $60 per month and you're still paying less than with an all-in-one cable tv and internet service. I looked into it almost 1.5 years ago and it was $122.05/mo for Spectrum cable TV and internet service under their 1 year promo price and $178/mo after promo. I'm sure it's more by now.
I pay $45/mo for 300Mbps fiber internet. I'd have to subscribe to 8 or more streaming services all at the same time with my fiber internet to end up paying what I would under Spectrum's regular $178/mo all in one cable tv and internet service.
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