Price increases for streaming TV have become a new holiday tradition, as Netflix, Disney + and Hulu have increased their subscription prices until 2021. For this reason, the turn of the year is a good time to confirm how much you pay for subscriptions, and cancel those you barely use.
Recent TV streaming price increases
Netflix increased the price of the popular standard plan (1080p and two simultaneous streams), from $ 12.99 per month to $ 13.99 per month. Netflix premium plan (4K video and four simultaneous streams), increased from $ 15.99 to $ 17.99 per month. These changes apply to both new and old subscribers. The basic plan, which offers SD streaming and just a single stream, remained unchanged at $ 8.99 per month.
Disney + announced in December that they are increasing the monthly subscription price by another dollar $ 7.99 per month, and its annual subscription increases by ten dollars, to $ 79.99. The price change will take effect on March 26, 2020, so you can still lock in a lower price now.
Hulu has another annual tour, this time the live TV product increases, from $ 54.99 to $ 64.99 per month. The option to watch without advertising increases from $ 60.99 to $ 70.99 per month. Hulus VOD-only plans will remain unchanged at $ 5.99 per month with ads and $ 11.99 per month without ads. These changes took effect on December 18 for both existing and new subscribers.
Also earlier this year YouTube TV announced a huge one monthly increase of 30%, from $ 50 to $ 65, which entered into force on 31 July.
This is in addition to other services you may also have, such as:
Time for a streaming TV revision?
All in all, these increases are likely to only affect your total streaming bill by a few dollars, even if you have more than one service (the average person has three paid TV subscriptions). Nor is this fact the case for getting a traditional cable box, which is still very expensive compared to TV streaming (the average cable bill is $ 217.42, according to a Decision Data survey).
However, these interest rate increases can accumulate over time, as these services all use “evergreen” automatic payments and annual renewals via your credit card. If you want to cancel, you have to do everything you can to opt out of renewal, and many people do not. The danger is that it is easy to overlook these increases over time – just look at the Hulus TV plan, which has increased by $ 25 per month in the last few years. It’s a lot of money if you do not take into account the costs.
If you’ve not sure how much you are spending on streaming TV, you will want to do a subscription audit: scan your credit card bills for subscription services, count the costs, and decide what you want to cancel or keep – for more on subscription audits, read this Lifehacker post.
Since these services seem to increase late in the year, you may want to put a similar reminder of annual subscription revision in your calendar – it can be an easy way to save money.