this post was submitted on 06 Nov 2023
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Consumers are paying more than ever for streaming TV each month and analysts say there’s no reason for the companies to stop raising prices (finance.yahoo.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Consumers are paying more than ever for streaming TV each month and analysts say there’s no reason for the companies to stop raising prices::Finding new subscribers in a saturated streaming video market isn't easy. And with legacy media companies desperate to recoup revenue declines in their linear TV businesses, the cost of your monthly plan is likely to keep rising.

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[–] Devouring@lemmy.world 32 points 1 year ago* (last edited 1 year ago) (1 children)

Weird... why is piracy growing then? Every reasonable person should pay $300 to watch the shows they want on the weekend... and then pay a couple more hundreds in the theater.

[–] lemmington_steele@lemmy.world 5 points 1 year ago

every dollar you raise, the fewer customers you get. the point is that you should want to raise the price whenever the relative drop in customers is less than the relative increase in price to maximise profits (where marginal cost is marginal benefit :) )