Discovery Plus Joins Streaming Price Hike Trend, Subscribers to See 25% Increase

Discovery Plus Joins Streaming Price Hike Trend, Subscribers to See 25% Increase

As Streaming Services Raise Prices, the Value Proposition Comes into Question

Consequently, many subscribers may become more selective about their streaming services in the coming months, canceling or temporarily shelving subscriptions until they offer sufficient value to justify the continuously increasing prices.

This trend could potentially have adverse consequences for the streaming industry as a whole. While services seem to be pushing one another to raise prices, their pursuit of short-term revenue may negatively impact the broader sector. It feels like we are nearing a point where many subscribers will want to suspend or cancel some of their streaming subscriptions, similar to how cable cords were cut in the past.