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Weekly survey: Is inflation making you rethink all your streaming subscriptions?

FILE - This Aug. 13, 2020, photo shows a logo for Netflix on a remote control in Portland, Ore. Netflix’s video streaming service suffered the first loss in worldwide subscribers in its history, leading to a massive sell-off of its shares. The company’s customer base fell by 200,000 subscribers during the January-March period, according to a quarterly report released Tuesday, April 19, 2022; its stock dropped by 23% in after-market trading. (AP Photo/Jenny Kane, file).

I did a double-take when I drove past my local gas station over the weekend. “It’s HOW MUCH a litre now?” When I arrived at the grocery store, I saw that beef had gone up again. In fact, almost everything was more expensive.

Later, I was going through my credit card statements, and I paused over a bunch of charges for subscription streaming services (most of which were acquired during the COVID lockdowns), noting that some of them had increased. I have a BritBox subscription, but I’ll be damned if I can find it anywhere on my TV; it seems to have disappeared from all my screens.

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In light of inflation, higher interest rates, and everything else going on, do I really need all of these subs?

This is the concern of all the streaming providers, from Spotify to Netflix to Discovery+ to…whatever else you’re paying for. Are you thinking about trimming the number of subs you have?

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