Netflix is raising their prices again. Spotify just raised their prices…

https://feddit.online/c/frugal/p/1564857/netflix-is-raising-their-prices-again-spotify-just-raised-their-prices

How is this a surprise to anyone? They came to replace cable.

No, you still don’t get it.

THEY CAME TO REPLACE CABLE.

a basic cable package in my city costs $100. A high end one costs $200.

Netflix basic is 8 bucks, netflix premium is 25.

For now. And that’s Netflix only. Many many users have multiple subs.
Plus the internet connection, which I get it, it’s currently a necessity, but at the time of cable TV, it didn’t represent an expense.

That’s exactly my point. Cable didn’t start off costing $100-$200. In the beginning it was a few bucks as an ad-free alternative to antenna TV. Then they raised prices, just a little at a time, over many years, as well as introduced ads. Sound familiar?

I promise you, some day streaming will cost $100-$200, too. And people will pay it, just like your grandparents do today.

I say again: streaming is here to REPLACE cable. You’re living in the golden age of low-cost entertainment and you don’t even know it.