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