About 40% of Americans have cut back on streaming services in the last three months because of financial concerns, according to a recent report

Americans are quitting subscription streaming services in droves as the cost of living continues to climb, a recent report has found.

Streaming services such as Netflix and Hulu have become increasingly popular in recent years, but Deloitte’s 2026 Digital Media Trends report, released late last month, shows how Americans are getting frustrated over the cost to have their favorite movies and TV shows at the click of a button.

“As the cost of everyday essentials like food and housing remain high, many consumers are reevaluating their budgets and cutting back on nonessential expenditures,” Deloitte said in its survey results. “At the same time, prices for media and entertainment services continue to climb.”

  • dhork@lemmy.world
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    1 month ago

    Has Netflix tried not going to Starbucks as often, or not eating Avocado Toast?

    • TwilitSky@lemmy.world
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      1 month ago

      Have you seen their job ads? My job which is in business operations is paying $480k. In the real world it pays about $80-100k.

      • tempest@lemmy.ca
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        1 month ago

        Wasn’t their big deal for years “we pay you well but fire your if we think you’re not worth it any more” which might just be saying the quiet part out loud.

        That or maybe enough got cut and were all shocked Pikachu that they backed away from it.

        Either way I don’t really understand why they continue to have tech company status. They were definitely pioneering streaming but you can build a streaming service in a couple months using AWS to solve the harder problems.

        • AbidanYre@lemmy.world
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          1 month ago

          I don’t know man, after using Netflix, Disney, and Paramount (and jellyfin) apps on my TV, it’s wild how much more responsive the UI is on Netflix compared to everything else.

          On your first paragraph, every place will drop you in a heartbeat these days.

          • tempest@lemmy.ca
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            29 days ago

            Sure but a nice web app was not really what they were pioneering. The entities you listed don’t need none nice apps they are the only source for their content. That’s the business Netflix is now in.

      • dhork@lemmy.world
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        1 month ago

        Where is it? If it’s in the Bay Area you won’t be able to afford a house on that meager pittance

    • The Picard Maneuver@lemmy.world
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      1 month ago

      Jellyfin is the way. Streaming only made sense when prices were low and all the content was basically in one place.

      I’ll just keep growing my personal library.

    • ThePantser@sh.itjust.works
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      1 month ago

      Yea, fucking AI making it too expensive to be a data hoarder. I have to keep making hard decisions on which media to delete.

    • TrollTrollrolllol@lemmy.world
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      1 month ago

      I’m even using jellyfin in the car with android auto to listen to music. Recently bought a external blu-ray drive so I can rip all my old CD’s and DVD’s so at least some of my data is legit :D

    • mlg@lemmy.world
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      1 month ago

      I had to resort to used SAS drives on my server.

      You can get them pretty cheap, but you absolutely have to run a full smart test and check the error correction log before using.

      Plus they usually come with 5 years power on time minimum, so you’d only want to run them in any RAID/ZRAID combo that has redundancy.

      Couple of people here mentioned re-encoding, but that also harms the seed count if you’re using BitTorrent as the exchange medium.

      Part of the issue is that Bluray remux rips are usually in H.265 at 10 bit with Dolby Vision which pushes 4K file size into the 70-100Gb range.

      That’s fine for a single movie on a bluray disk, but its atrocious for saving multiple onto a drive or NAS.

      But then most encodes still almost all use H.265 or H.264 which still gives you a fat 30Gb file for 4K.

      I’m pretty sure AV1 solves this issue because it has much better compression compared to H.265, especially for higher pixel content, but no Blurays are using AV1 because there’s no reduced cost in forcing a change in consumer hardware.

      Plus I think AV1 technically doesn’t support Dolby Vision in proper yet.

      • Tarambor@lemmy.world
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        1 month ago

        But then most encodes still almost all use H.265 or H.264 which still gives you a fat 30Gb file for 4K.

        So you can store over 500 films on a 2TB HDD. I’m failing to see the issue.

  • ThePowerOfGeek@lemmy.world
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    1 month ago

    I’m sure Netflix, Hulu, and similar services will compensate for subscriber losses in the usual manner: by continuing to increase their prices and further screwing over their remaining subscribers. You know, the time-honored cable/satellite TV strategy.

    In fact, that’s already been happening for several years. Which is why (along with them offering mostly shit content that I never watched) I cancelled almost all my streaming services a couple of years ago.

    • criss_cross@lemmy.world
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      1 month ago

      I just got a notice from them saying they’re increasing prices and “are here for me if I have questions “.

      Uh huh.

      • Lemmayng@lemmy.world
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        1 month ago

        I have a question:

        WHY THE FUCK ARE YOU RAISING PRICES EXPECTING PEOPLE TO STAY SUBSCRIBED IN THIS ECONOMY, NETFLIX?!

        • criss_cross@lemmy.world
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          29 days ago

          In this case my question was “where’s the cancellation button?”

          Been a member since 2011. Not paying $30 a month for this.

        • matlag@sh.itjust.works
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          30 days ago

          Because like absolutely all public companies, they need to grow their revenues every year without ever a pause, and once you have reached the maximum number of subscribers you think you can get, the only path left to increase your revenues is to increase the revenues per subscriber.

          Besides, these companies have been enshittifying their services so badly over the years that there is no one left among managers who can imagine they wouldn’t get away with it.

          I don’t give them 5 years before they resolve to shady tactics like phone calls during which they trick you in agreeing to upgrade to a higher grade subscription, or make the cancellation so difficult that you end up paying a few more months, etc.

  • finallymadeanaccount@lemmy.world
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    1 month ago

    I thought it would’ve been because they keep getting less value for money, since the services keep raising prices and fisting more ads into people.

  • mycodesucks@lemmy.world
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    30 days ago

    Prices will increase so shareholders don’t lose any money, and morons who go, “Durr… what do I care? They provide a service I like and I have so much money I can afford to be an idiot feeding an unsustainable economic distortion in perpetuity!” will just keep right on paying the increases, and the division of the K-shaped economy will continue to grow.

    There’s no way way to boycott or frugal your way out of price increases while enough bougie yuppie shitheads are willing to eat any shit a company is willing to shovel them at any cost as long as they can use it as a status symbol.

  • StarryPhoenix97@lemmy.world
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    29 days ago

    It wasn’t just the cost for me. It was the rise of fascism in the world in general and the fact that they are selling my watching history to everyone and anyone. Right now, they say it’s for advertising and development, but I wasn’t waiting around to have my content label me as undesirable.

    Less important, but still a factor, was the fact that these services are constantly removing queer content and cancelling good shows. I stand by the idea that the only reason Kaos got cancelled was because it has a trans character. With the Paramount merger doomed to happen, I imagined there was going to be another purge, so fuck them.

    • ZILtoid1991@lemmy.world
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      30 days ago

      The threat of someone in a weird dress will tell your kid “it’s okay to be gay”, which is “literally pedophilia”, and if you push back against it, they’ll say “um, ackchually, I meant «political pedophilia», which is still very bad because these children are being stripped of their right to make up their mind whether it’s okay to be gay”. (This actually happened in Hungary.)

  • SnarkoPolo@lemmy.world
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    1 month ago

    I know several people, mostly older people, who have gone back to old-timey, off-the-antenna TV. I suspect this will become a trend.

  • slothrop@lemmy.ca
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    1 month ago

    mmm, lemme see now, $200/mo for a bunch of streaming services, subscriptions, diminishing ota/cable sports options…

    OR…

    $10/mo for all the above, plus many more expanding options?

    aaar!!

      • slothrop@lemmy.ca
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        1 month ago

        iptv for 5 connections. RD doesn’t do live tv, unless you know better. I also use rd, torbox, and debridio.

  • TwilitSky@lemmy.world
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    1 month ago

    I think the next big thing is affordable local entertainment. What’s old is new again. I could be wrong.

    • TubularTittyFrog@lemmy.world
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      1 month ago

      where is that offered?

      local entertainment in my city is easily $100 a night now. For few hours.

      Even when I go tot a cheap concert in a cheap place, it’s $25 to get in, and about $25 for two shitty drinks. $50 bare minimum, add food or any extras easily doubles. You want a place that isn’t shitty? those prices double or triple. Dive bars are now charging $10 for a shitty draft beer. 8 buck for a shitty bottle beer.

      Most of the cost is the venue upkeep and the labor, which are fixed costs that keep escalating. it’s not the cost of the food and other stuff, that’s gone down.

      The days of going out and hanging out for hours for $5-10 are never coming back. Every spot like that near me has closed, or cut back their hours to 10-3 or something mid-day only. even cheap places like coffeeshops have time limits for sitting down, like 30m tops or they have reduced/removed seating because they do not want people hangout there anymore.

      things used to be cheap because wages were cheap and property was cheap. you could pay a retail worker 8 bucks an hour and rent a storefront for like 2-3 grand amonth. Now the workers get $20/hr and rent is 8-10K a month. So prices get doubled, and companies need to do everything they can to reduce costs by reducing hours to peak-traffic only. a lot of restaurants in my city are now only open from 6-9pm, because they can’t afford to let any table sit empty while they are open. they used to be open 4pm-11pm.

  • zebidiah@lemmy.ca
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    30 days ago

    ALL YOU HAD TO DO WAS GIVE US ENOUGH TOKYO DRIFT!

    that was literally the last straw for me a few months ago… I bought a 4bay hdd enclosure, a cheap 5way switch, and got proxmox then docker then arr stack stood up on an old minipc. every month i look for a cheap hdd or two to add.

    do you have any idea how much better 1080 looks when it streams from your basement and not across the country??