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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    3 months ago

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

    • TwilitSky@lemmy.world
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      3 months 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.

    • The Picard Maneuver@lemmy.world
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      3 months 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.

    • TrollTrollrolllol@lemmy.world
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      3 months 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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      3 months 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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        3 months 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.

  • finallymadeanaccount@lemmy.world
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    3 months 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.

  • ThePowerOfGeek@lemmy.world
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    3 months 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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      3 months 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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        3 months 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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          2 months ago

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

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

  • mycodesucks@lemmy.world
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    3 months 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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    2 months 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.

  • SnarkoPolo@lemmy.world
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    3 months 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.

  • TwilitSky@lemmy.world
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    3 months 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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      3 months 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.

  • Formfiller@lemmy.world
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    2 months ago

    Probably because Larry Ellison has bought most of them and people don’t want to be inundated with pro Israel , pro fascist propaganda