Streamflation Alert: Why Subscription Prices Are Suddenly Spiking (Again)
Platforms are boosting prices for the second time in as many years, hoping to nudge customers into their more lucrative ad-tiers.
Time and again we mentioned this given that there is great demand for these TV apps and we have to look at them as how Cable TV was at its peak.
If 2023 was the year of “streamflation,” to use a term coined by the consulting firm KPMG, 2024 is shaping up to be a fast sequel — Streamflation Part 2: They’ll Keep Paying.
Streaming services across video and music are raising prices again, or are poised to do so, marking the second such price hikes in as many years.
Beginning in July, NBCUniversal’s Peacock will bump up the cost of its Premium and Premium Plus plans by $2 per month after raising them by $1 a year earlier. The timing coincides with the beginning of the Paris Olympics, for which Peacock will be the streaming home.
