About 40% of Americans have cut back on streaming services in the last three months because of financial concerns, according to a recent report

Americans are quitting subscription streaming services in droves as the cost of living continues to climb, a recent report has found.

Streaming services such as Netflix and Hulu have become increasingly popular in recent years, but Deloitte’s 2026 Digital Media Trends report, released late last month, shows how Americans are getting frustrated over the cost to have their favorite movies and TV shows at the click of a button.

“As the cost of everyday essentials like food and housing remain high, many consumers are reevaluating their budgets and cutting back on nonessential expenditures,” Deloitte said in its survey results. “At the same time, prices for media and entertainment services continue to climb.”

  • Tollana1234567@lemmy.today
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    7 months ago

    well if you have money issues, streaming services should be the last thing you buy anyways. just pirate it or watch on a streaming site that does it for you, or watch clips on Yt, they pratically give out the whole story on YT anyways.

  • mycodesucks@lemmy.world
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    7 months ago

    Prices will increase so shareholders don’t lose any money, and morons who go, “Durr… what do I care? They provide a service I like and I have so much money I can afford to be an idiot feeding an unsustainable economic distortion in perpetuity!” will just keep right on paying the increases, and the division of the K-shaped economy will continue to grow.

    There’s no way way to boycott or frugal your way out of price increases while enough bougie yuppie shitheads are willing to eat any shit a company is willing to shovel them at any cost as long as they can use it as a status symbol.

  • SnarkoPolo@lemmy.world
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    7 months ago

    I know several people, mostly older people, who have gone back to old-timey, off-the-antenna TV. I suspect this will become a trend.

  • DylanMc6 [any, any]@lemmy.dbzer0.com
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    7 months ago

    I think that 40% of Americans should spend much of the time they’ve spent on streaming services reading and studying socialist theory (Karl Marx and all). Seriously!

    • Bazell@lemmy.zip
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      7 months ago

      Please, stop advertising communism and socialism here. Just stop. It will not work. Go to lemmy.ml and do it there. Thanks.

        • Bazell@lemmy.zip
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          7 months ago

          Firstly, here we call these instances, not sites. Secondly, there are other instances that will be happy to hear your thoughts. Like hexbear or lemmygrad. They welcome communism and socialism ideas.

  • dhork@lemmy.world
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    7 months ago

    Has Netflix tried not going to Starbucks as often, or not eating Avocado Toast?

    • TwilitSky@lemmy.world
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      7 months ago

      Have you seen their job ads? My job which is in business operations is paying $480k. In the real world it pays about $80-100k.

      • tempest@lemmy.ca
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        7 months ago

        Wasn’t their big deal for years “we pay you well but fire your if we think you’re not worth it any more” which might just be saying the quiet part out loud.

        That or maybe enough got cut and were all shocked Pikachu that they backed away from it.

        Either way I don’t really understand why they continue to have tech company status. They were definitely pioneering streaming but you can build a streaming service in a couple months using AWS to solve the harder problems.

        • AbidanYre@lemmy.world
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          7 months ago

          I don’t know man, after using Netflix, Disney, and Paramount (and jellyfin) apps on my TV, it’s wild how much more responsive the UI is on Netflix compared to everything else.

          On your first paragraph, every place will drop you in a heartbeat these days.

      • dhork@lemmy.world
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        7 months ago

        Where is it? If it’s in the Bay Area you won’t be able to afford a house on that meager pittance

        • ColeSloth@discuss.tchncs.de
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          7 months ago

          In the US there’s like 4 different pricing options for Netflix. The cheapest option is $10 a month and has a bunch of commercials. The most expensive is like $20 or so a month and gives you unlimited download options, no commercials, and shows and movies not included in the cheapest option. I have the cheap one, and I only have it because for some weird ass corpo BS it’s included for “free” with my cell phone carrier.

  • Formfiller@lemmy.world
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    7 months ago

    Probably because Larry Ellison has bought most of them and people don’t want to be inundated with pro Israel , pro fascist propaganda

    • TrollTrollrolllol@lemmy.world
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      7 months ago

      I’m even using jellyfin in the car with android auto to listen to music. Recently bought a external blu-ray drive so I can rip all my old CD’s and DVD’s so at least some of my data is legit :D

      • Sir_Kevin@lemmy.dbzer0.com
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        7 months ago

        I’m doing the same but I’m looking for a good client that resumes playing music on startup. Any recommendations?

        • TrollTrollrolllol@lemmy.world
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          7 months ago

          No I haven’t got that figured out quite yet, it seems to resume if I just connect to my stereo bluetooth as long as I haven’t touched Jellyfin between drives but not with android auto. Just figured out how to get playlists working on AA today, kind of a work around but it looks like there is a request to fix it out there.

    • The Picard Maneuver@lemmy.world
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      7 months ago

      Jellyfin is the way. Streaming only made sense when prices were low and all the content was basically in one place.

      I’ll just keep growing my personal library.

    • mlg@lemmy.world
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      7 months ago

      I had to resort to used SAS drives on my server.

      You can get them pretty cheap, but you absolutely have to run a full smart test and check the error correction log before using.

      Plus they usually come with 5 years power on time minimum, so you’d only want to run them in any RAID/ZRAID combo that has redundancy.

      Couple of people here mentioned re-encoding, but that also harms the seed count if you’re using BitTorrent as the exchange medium.

      Part of the issue is that Bluray remux rips are usually in H.265 at 10 bit with Dolby Vision which pushes 4K file size into the 70-100Gb range.

      That’s fine for a single movie on a bluray disk, but its atrocious for saving multiple onto a drive or NAS.

      But then most encodes still almost all use H.265 or H.264 which still gives you a fat 30Gb file for 4K.

      I’m pretty sure AV1 solves this issue because it has much better compression compared to H.265, especially for higher pixel content, but no Blurays are using AV1 because there’s no reduced cost in forcing a change in consumer hardware.

      Plus I think AV1 technically doesn’t support Dolby Vision in proper yet.

      • Tarambor@lemmy.world
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        7 months ago

        But then most encodes still almost all use H.265 or H.264 which still gives you a fat 30Gb file for 4K.

        So you can store over 500 films on a 2TB HDD. I’m failing to see the issue.

      • NOT_RICK@lemmy.world
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        7 months ago

        I’m holding onto my classics but anything else I delete when I’m done watching it.

    • ThePantser@sh.itjust.works
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      7 months ago

      Yea, fucking AI making it too expensive to be a data hoarder. I have to keep making hard decisions on which media to delete.

      • ThrowawayOnLemmy@lemmy.world
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        7 months ago

        I’m kicking myself now for not buying more 20 TB hard drives when they were under $250. It’s rough out there for any computer related hobbies right now.

        • SolarMonkey@slrpnk.net
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          7 months ago

          I bought two right before stuff jumped too badly. Looked about a week later thinking buying another one might be an ok idea, rofl no way I can justify it now…

          So now I’m debating if I really NEED backups… certainly not of everything… I still need a video card, and those never did really come back down…

      • limonfiesta@lemmy.world
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        7 months ago

        Which is why it can make sense to pay for pirate shares.

        Many are around $5-8/mo, and they’re libraries are bigger than my own, with the added bonus of I don’t have to do any maintenance.

        $60 to $98 per year, is a better deal than paying for these HDD prices. For me at least the trade-offs are worth it.

      • spizzat2@lemmy.zip
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        7 months ago

        If you have the processing power to spare (and haven’t done it already), you might be able to re-encode your media files to a more space-efficient codec.

        I’ve reduced some of my video files by as much at 75% using Handbrake to convert from AVC to H.264 or H.265. I’m not the most discerning viewer, so I haven’t noticed any difference in video quality, but I’ve definitely noticed the extra space on my drives!

        • djdarren@piefed.social
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          7 months ago

          I’ve got an ffmpeg script saved on my Mac which re-encodes video to a fraction of its original size without any apparent loss of quality. Shit’s basically magic.

          I have one for audio as well, but I think it’s an Apple-only MP4 codec, that requires you to have to manually build it into ffmpeg on any other platform. But the end result is that my 2 hour radio show AIFFs that start out at 4GB end up being high quality MP4 at around 75mb.

          Like I said, magic.

          • cmbabul@lemmy.world
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            7 months ago

            Do you happen to remember where you got it? I’ve got a Mac and while the idea of going through all the media files on my servers to convert them I twitch a little bit, but would also love to cut down space without giving up some of my files

            • djdarren@piefed.social
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              7 months ago

              Pretty sure it’s this command;

              ffmpeg -i input.mp4 -vcodec libx265 -crf 30 -tag:v hvc1 output.mp4

              On my M2 Air, conversions are usually pretty quick, depending on the size of the input. After a short while it does throttle because there’s no fan, but it counters along nicely.

              As for audio; I use XLD, set to encode HE-AAC at 80kbps. It seems really low, but still sounds great.

        • LuigiMaoFrance@lemmy.ml
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          7 months ago

          Just as a heads up, if you aren’t concerned about “copyright”/“intellectual property” the better way would be to download native h.265 rips instead of re-encoding your existing h.264 files, as those will look better since you aren’t compressing the already existing compression artifacts of your old files. Copy of a copy and all that.

  • Kowowow@lemmy.ca
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    7 months ago

    One extra reason I canceled netflix is it felt too judgy, what’s the point of paying for something if you are still the product

  • StarryPhoenix97@lemmy.worlddeleted by creator
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    7 months ago

    It wasn’t just the cost for me. It was the rise of fascism in the world in general and the fact that they are selling my watching history to everyone and anyone. Right now, they say it’s for advertising and development of shows, but I wasn’t waiting around to have my content label me as undesirable.

    Less important, but still a factor, was the fact that these services are constantly removing queer content. With the Paramount merger doomed to happen, I imagined there was going to be another purge, so fuck them. Amazon, all streaming services, Facebook, Reddit, I got rid of everything that had my data attached to it. The only hang-on is Spotify, and even that I cleared all my history and liked songs.

  • ThePowerOfGeek@lemmy.world
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    7 months ago

    I’m sure Netflix, Hulu, and similar services will compensate for subscriber losses in the usual manner: by continuing to increase their prices and further screwing over their remaining subscribers. You know, the time-honored cable/satellite TV strategy.

    In fact, that’s already been happening for several years. Which is why (along with them offering mostly shit content that I never watched) I cancelled almost all my streaming services a couple of years ago.

    • djdarren@piefed.social
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      7 months ago

      I’ve never really understood the mentality of businesses. They’re losing customers, so they bump the price to compensate, therefore losing more customers.

      I guess those that hang on end up making up for those they lose, and because all the other services are doing the same, they end up getting people who’ve jumped ship from another one and signed up at a good introductory cost.

      But, like, just charge a bit less and have more customers.

      • MalReynolds@slrpnk.net
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        7 months ago

        I’ve never really understood the mentality of businesses. They’re losing customers, so they bump the price to compensate, therefore losing more customers.

        It’s the mentality of CEOs, MBAs and Venture Investment, line must go up this quarter, nothing else matters, we’ll be jumping out leaving suckers holding the bag before the business goes under. Scam culture, and it fucking works.

        Long term strategy is dead (except for privately owned, see Valve), this is late stage capitalism baby, take what you can, give nothing back. Seems fair to do unto them.

      • AbidanYre@lemmy.world
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        7 months ago

        I remember when Netflix paid someone good money for improving their recommendation algorithm. Now they help trying to shove live boxing matches in my face no matter how many times I say I’m not interested.

    • criss_cross@lemmy.world
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      7 months ago

      I just got a notice from them saying they’re increasing prices and “are here for me if I have questions “.

      Uh huh.

    • Foni@piefed.zip
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      7 months ago

      And don’t forget the old lobbying to push for greater persecution and criminalization of torrents and VPNs