About 40% of Americans have cut back on streaming services in the last three months because of financial concerns, according to a recent report

Americans are quitting subscription streaming services in droves as the cost of living continues to climb, a recent report has found.

Streaming services such as Netflix and Hulu have become increasingly popular in recent years, but Deloitte’s 2026 Digital Media Trends report, released late last month, shows how Americans are getting frustrated over the cost to have their favorite movies and TV shows at the click of a button.

“As the cost of everyday essentials like food and housing remain high, many consumers are reevaluating their budgets and cutting back on nonessential expenditures,” Deloitte said in its survey results. “At the same time, prices for media and entertainment services continue to climb.”

  • criss_cross@lemmy.world
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    3 days ago

    I just got a notice from them saying they’re increasing prices and “are here for me if I have questions “.

    Uh huh.

    • Lemmyng@lemmy.world
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      3 days ago

      I have a question:

      WHY THE FUCK ARE YOU RAISING PRICES EXPECTING PEOPLE TO STAY SUBSCRIBED IN THIS ECONOMY, NETFLIX?!

      • criss_cross@lemmy.world
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        2 days ago

        In this case my question was “where’s the cancellation button?”

        Been a member since 2011. Not paying $30 a month for this.

      • matlag@sh.itjust.works
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        2 days ago

        Because like absolutely all public companies, they need to grow their revenues every year without ever a pause, and once you have reached the maximum number of subscribers you think you can get, the only path left to increase your revenues is to increase the revenues per subscriber.

        Besides, these companies have been enshittifying their services so badly over the years that there is no one left among managers who can imagine they wouldn’t get away with it.

        I don’t give them 5 years before they resolve to shady tactics like phone calls during which they trick you in agreeing to upgrade to a higher grade subscription, or make the cancellation so difficult that you end up paying a few more months, etc.