this post was submitted on 06 Nov 2023
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Consumers are paying more than ever for streaming TV each month and analysts say there’s no reason for the companies to stop raising prices::Finding new subscribers in a saturated streaming video market isn't easy. And with legacy media companies desperate to recoup revenue declines in their linear TV businesses, the cost of your monthly plan is likely to keep rising.

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[–] Lightor@lemmy.world 2 points 1 year ago (1 children)

Lol no. That's not how an economy works. When you sell less of a thing you then have to adjust price to make it favorable again. Companies aren't just going to say "If we can't charge $350 a month we might as well just turn off this massive money machine." No, they will charge $200 and accept making less money over making no money.