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The recent announcement that Netflix will raise its prices for customers in Florida put a spotlight back on a question many TV viewers ask themselves: what's the better option, cable or streaming services?
Cable television was the only game in town for many years. As often happens when you have a monopoly or an oligopoly, prices went up and up because consumers had no other option. Then came streaming...
Streaming prices have ballooned across the board as profitability becomes top of mind for media companies.
Netflix plans to raise the price of its ad-free streaming tier following the conclusion of the ongoing actors strike, according to the Wall Street Journal. The move would follow similar price hikes by competitors.
Walt Disney CEO Bob Iger acknowledged that the entertainment company faces a "challenging environment" in the near term on Wednesday, but he emphasized progress in cutting costs and focusing on creativity, even as quarterly results showed Disney's soft spots.