Posted 2/20/2024, 1:31:00 PM
Streaming Costs Soar: Average American Now Spends $1,000 a Year While Services Crack Down on Passwords
- The average American now spends nearly $1,000 per year on streaming subscriptions ($77 per month)
- Streaming services have implemented steep price increases in the past year (up to 75% for Disney+)
- 57% of subscribers have canceled a streaming subscription due to recent price hikes
- 36% have upgraded subscriptions after ad-supported options launched
- Streaming services are cracking down on password sharing to boost subscriber numbers