NBC News - YouTubeTV raises monthly prices, following other streaming services
The video highlights the significant price increase of YouTube TV from its initial $35 per month to $83, reflecting a broader trend in the streaming industry where companies are adjusting prices to cover costs and achieve profitability. This shift is causing frustration among consumers who initially switched to streaming to avoid high cable bills. The discussion includes insights from Sean McNulty, who explains that the streaming model is evolving as companies can no longer subsidize low prices and must now pass costs onto consumers. This includes expensive sports rights deals that are ultimately funded by subscribers. The conversation also touches on the potential for consumers to revert to cable or consolidate subscriptions, though the fragmented nature of streaming content makes this challenging. The video concludes with advice for consumers to be vigilant about managing subscriptions to avoid unnecessary expenses.
Key Points:
- YouTube TV's price has increased by 137% since its launch, now costing $83 per month.
- Streaming services are adjusting prices to cover costs, leading to consumer dissatisfaction.
- Consumers may consider returning to cable or consolidating subscriptions, but content fragmentation complicates this.
- The rise in streaming costs is partly due to expensive sports rights deals.
- Consumers are advised to manage subscriptions actively to avoid unnecessary expenses.