“There’s always the threat that once they hook you, they’ll raise the prices later,” NYU business professor Peter Newman says
The streaming revolution isn't getting any cheaper.
Netflix hiked its prices on U.S. customers last week, with its most expensive plan increasing from $13.99 to $15.99 per month. And Hulu, despite lowering the price of its ad-supported monthly plan from $7.99 to $5.99, decided this week to increase the cost of its live TV package from $39.99 to $44.99 each month. The pattern is becoming clear: The more streaming players replace traditional cable and satellite companies, the more their prices, after a few services are paid for, mirror the same prices that drove people to cut the cord in the first place.
That's reflected in how much Americans are paying to stream. In the U.S., the average streamer paid for three services last year -- co...