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.
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.
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.