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CBS America

Streaming service prices jumped nearly 20% in month, BLS finds

CBS America · Just In
CBS America
CBS America
Just In

Subscriptions for streaming services saw a nearly 20% jump in prices between November and December, new data from the Labor Department shows. That includes streaming services like Netflix, Disney Plus and Paramount Plus.

Breakdown
  • Streaming video prices rose nearly 20% between November and December 10s
  • Major platforms affected include Netflix, Disney Plus, and Paramount Plus 15s
  • Cable and live TV prices increased by only 1.1% in the same period 26s
  • Rising costs driven by profitability needs and expensive sports content 54s
  • Consumers can seek bundle deals to help manage rising streaming costs 2m 5s