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From Bargain to Burden: The Increasing Cost of Streaming Services

streaming services

March 15, 2024

TV

Written by Kelli Marchman McNeely

Kelli Marchman McNeely is the owner of HorrorFuel.com. She is an Executive Producer of "13 Slays Till Christmas" which is out on Digital and DVD and now streaming on Tubi. She has several other films in the works. Kelli is an animal lover and a true horror addict since the age of 9 when she saw Friday the 13th. Email: horrorfuelinfo@gmail.com

The trend of cord-cutting has risen in the past couple of years. The reason is theincreasing prices of the pay-tv and the cable services as well. As a way to cut the cost, people instead shifted to streaming platforms. Since a consistent increase in demand, we are seeing too many streaming services. The prices have also seen a hike for some reason. This has come to a point today where people are questioning their decision to cut the cord if, in the end, they might be paying the same or maybe even more for streaming than, as compared to cable TV.

At least one thing that keeps the viewers’ minds at ease is the top-notch service providers. However, reliable cable TV options such as Spectrum mi plan Latino keep the worry of overpaying for cable connection at bay, but this is not the case for all. For most people, streaming services have moved from being an excellent bargain to nothing less than a burden. Why exactly? We are here to answer it all for you.

Why Cut the Cord?

Let us begin from the basics. People have quickly jumped on the bandwagon for cutting the cord. They are not wrong after all. The instant thought is how much you can save by possibly unsubscribing the cable TV connection. Nevertheless, we cannot overlook that leaving the cable is not the best option. It can be ideal for those who do not bring the extensive channel lineups to use and stick to the same one or two options. On the other hand, if you are a sports fanatic who keeps switching between news channels, you can be in a sticky situation. Similarly, if you love binge-watching shows and movies with an ad-free experience, then streaming services are your best bet.

In the end, it is about your consumption. Cable TV charges you for the extensive live content and channel lineups due to its contracts with the networks, which, of course, increase in price over time. So, the content you prefer to watch at all times will be the definitive reason for you to cut the cord or not.

What Is the Cost?

Due to promotional pricing, numerous fees, and bundling services, determining an average cable bill can be challenging. The cost of cable is determined by several factors, including your location, your service provider, the number of channels you want, the number of TVs you have, and whether you want a DVR and other extras. Basic cable packages can cost as little as $35 per month on average, but they often only include local channels with a few more. Packages with more features might cost up to $80 monthly or even more. Households in the United States pay over $100 monthly on average, with some telecom bills exceeding $200. Many cable companies offer discounts to customers who
bundle other services such as internet and phone.

On the other side, there are many entirely free streaming providers. These services’ content, on the other hand, may not be as enticing as some of the premium alternatives. Several providers are merely a few bucks a month if you’re willing to pay to stream. The beauty of streaming services is that you can pick and choose which one you want, depending on what you want to watch and how much you want to spend.

Cost of The Internet

When internet costs are considered, streaming can somewhat end up being more expensive than cable. Although most individuals would have internet regardless of streaming, due to the bundle possibilities, having internet without a cable subscription is frequently more
expensive.

The cost of streaming services is indeed soaring. However, with various plan options, there is a choice to choose from. Several services even offer ad-supported plans for as low as $10. But then this brings us back to a primary reason why one ever ditched cable: for an ad-free experience.

Now, if you were to purchase ad-free plans for different streaming platforms, this could cost you a whopping amount. Yes, it even turns out to be more expensive than your average cable plan. However, the argument does win in favor of streaming, as you will have access to far more stuff.

It’s worth noting, though, that you’ll need an internet connection to stream material, which means another bill is added. It keeps going cha-ching!

Wrapping Up

At the end of the day, whether streaming is cheaper than cable depends on the type of television experience you want. However, there are so many streaming services available that many individuals are paying nearly the same amount as they did previously, adding up to the total sum of subscriptions. So, the call is yours, with plenty of factors making spending similar to cable TV and streaming.

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