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Watch out for higher prices for streaming service in 2021

Watch out for higher prices for streaming service in 2021

An illustration of an article titled Beware the Rise of Flooding Service Prices in 2021

Photo: Said Marroun (Shutterstock)

TV streaming price increases have become a new holiday tradition, as Netflix, Disney + and Hulu increase subscription prices before 2021. That’s why the end of the year is a good time to confirm how much you pay for subscriptions, and cancel those you barely use.

The price of TV broadcasts has risen recently

Netflix Increased the price of its popular standard plan (1080p and streaming simultaneous) from $ 12.99 / month to $ 13.99 a month. Netflix Premium Plan (4K video and four simultaneous streams) increased from $ 15.99 to $ 17.99 a month. These changes are valid for both new and old subscribers. The Basic plan, which offers only standard and 1 streams, remained unchanged at $ 8.99 per month.

Disney + In December it announced that it was raising its monthly subscription price by $ 1 to $ 7.99 per month, And its annual subscription increases by ten dollars to $ 79.99 USD. The price change takes effect on March 26th, 2020, so you can still secure a lower rate now.

Hulu It had another annual increase, this time increasing its live TV producer, from $ 54.99 to $ 64.99 / month. The ad-free viewing option increases from $ 60.99 to $ 70.99 a month. Hulu’s VOD-only plans will remain unchanged at $ 5.99 per month with ads and $ 11.99 per month for no ads. These changes have been in effect from December 18, for both existing and new subscribers.

Also, earlier in the year, YouTube TV Advertise enormous 30% monthly increase, from $ 50 to $ 65, Which went into effect July 31.

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

Time to check broadcast TV?

Finally, these increases will likely affect your total bill streaming in only a few dollars, even if you have more than one service (the average person has Three pay TV subscriptions). Also, this fact doesn’t really make an issue of getting a traditional cable box, which is still prohibitively expensive compared to broadcast TV (the average cable bill is $ 217.42, According to the decision data survey).

But these price increases can accumulate over time as well, as all of these services use automatic “permanent” payments and annual renewals via your credit card. If you want to cancel, you have to do your best to unsubscribe from renewal, and a lot of people just don’t. The danger is that it’s easy to overlook these increases over time – just look at Hulu’s Live TV plan, which went up by $ 25. Per month In the past few years. That’s a lot of money if you don’t pay attention to cost.

If you are not sure how much you are spending on TV, you will need to do a subscription audit: Scan your credit card bills for subscription services, calculate the cost, and decide what you want to cancel or keep – for more information about the subscription audit, Read this post on Lifehacker.

Since these services seem to be on the increase late in the year, you might want to set up the corresponding annual subscription audit reminders on your calendar – it could be an easy way to save money.

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