Turns Out Streaming Isn't A Bargain Anymore
Arthur T Knackerbracket writes:
Arthur T Knackerbracket has processed the following story:
Sick of paying through the nose for cable TV? Just cut the cord! For years, that was a mantra of gleeful cord-cutters looking to save on their favorite TV services. But after a seemingly endless series of streaming price hikes, cord-cutting costs are finally catching up to cable.
According to a recent analysis of streaming and cable TV prices conducted by the Financial Times (by way of 9to5Mac), subscripting to the top streaming services now cost more than the average price of a cable TV bundle.
Specifically, the analysis found that a basket" of the most popular streaming services now costs $87 a month, up $10 from just a year ago. That's more than the monthly cost for the typical cable bundle, which is $83 a month, the Financial Times reports.
[...] Why have streaming prices gone up so quickly? Because the streaming gold rush is over, and rather than looking for growth from the big streamers, Wall Street now wants to see profits.
Of course, those of us who cut the cord years ago probably won't be in any rush to go back to Big Cable. But if you're still looking to save money through cord-cutting, you'll be better off investing in an over-the-air DVR than forking over for Netflix or Disney+.
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