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Beware of rising streaming media service prices in 2021



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photo: Sailong (shutter)

The price increase of streaming TV has become a new holiday tradition, as Netflix, Disney+ and Hulu increase their subscription prices by 2021. Therefore, the end of the year is a good time to determine how much you will pay for the subscription and cancel those features that you have barely used.

TV streaming prices have risen recently

Netflix Increased the price of its popular standard package (1080p and two simultaneous streams) from $12.99 per month to $13.99 per month. Netflix’s premium package (4K video and four simultaneous streams) increased from $15.99 to $17.99 per month. These changes are effective for both new and old subscribers. The basic plan that provides SD streams and only one stream remains unchanged, still at $8.99 per month.

Disney+ It was announced in December last year that the monthly subscription price would be increased by one dollar. $7.99 per month, And its annual subscription fee has increased by $10, $79.99. The price change will take effect on March 26, 2020, so you can still lock in a lower price now.

gourd There is an interest rate hike every year, this time raising its live TV product from $54.99 to $64.99 per month.The price of products that can be viewed without ads has increased from $60.99 to $70.99 per month. Hulu’s VOD-only plan will remain unchanged, $5.99 per month with ads and $11.99 per month without ads. These changes take effect on December 18 and apply to existing and new subscribers.

In addition, at the beginning of this year, YouTube TV Announce huge 30% monthly increase from $50 to $65, Effective on July 31.

This is in addition to other services you may also have, such as:

Is it time for a streaming TV audit?

All in all, even if you have more than one service (ordinary people have Three pay TV subscriptions). This fact also does not provide a reason to buy a traditional cable box, which is still very expensive compared to TV streaming (the average cable cost is $217.42, Survey based on decision data).

However, these rates will add up over time, as these services use “evergreen” automatic payments and annual renewals via credit cards. If you want to cancel, you must make every effort to opt out of the renewal, which many people do not.The danger is that it’s easy to ignore these increases over time-just look at Hulu’s live TV plan, which has increased by $25 per month In the past few years. If you do not pay attention to the cost, it will be a lot of money.

If you are not sure how much to spend on streaming TV, you need to perform a subscription review: scan the subscription service on the credit card bill, calculate the cost, and then determine what to cancel or keep-review for more information about the subscription, Read this Lifehacker post.

Since these services appear to be added later this year, you may want to set the corresponding annual subscription review reminder in your calendar, which may be an easy way to save money.


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