The days of cheap TV and movie streaming are coming to an end. A new report by the Financial Times shows that thanks to recent price rises by pretty much all of the best streaming services, a basket of the top US streaming services now costs an average $87 a month. That's up from $73 a year ago.
It's a very different landscape to the one that delighted 'cord cutters', who happily chucked their cable subscriptions in favour of much cheaper options such as Netflix or Disney Plus. As interest rates have risen and competition has become more fierce, streamers are finding it harder to deliver the growth their investors want – and that means they're upping prices, removing content and cracking down on account sharing.
