User Panel
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People add and drop streaming services regularly now.
Unlike cable TV which was an all or nothing prospect where you paid for every channel even if you didn't watch them, now people drop one service and add another... binge the handful of new programs they want to see on it, then drop it and add another. Wash, rinse, repeat. Why you would actively stay subscribed to multiple simultaneous streaming services is a waste of money. You can only watch one at a time, and because almost all of them dump entire seasons in big blocks viewers tend to binge watch those blocks of programming without switching between services until the blocks are finished. Then combine all that with the notion that current streaming programming is really going down the shitter. For every single "good" show or movie they create, they create an absolute truckload of woketastic bullshit stuff that very few people actually want to watch. The streaming services probably know they are alienating half their audience with that stuff, but they always figure they'll still keep paying for the service... but when the service isn't offering you anything new you want to see, and you don't feel like paying for it. What a novel concept. |
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Quoted: Can anyone message me a link to watch the newest southpark and latest season of Rick and Morty? View Quote And there’s the issue. We just added paramount+ for South Park. But will we cancel hbo max (that we previously picked up for South Park?), of course not. We have 10 or so? Don’t pay for cable though. Just internet and the streaming stuff. Surprisingly, we’ve been using peacock more than most and it’s actually free with the flex box that is also “free” from xfinity. None of it is going anywhere. Too many people making too much money. |
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Get woke, go broke.
I've canceled half the services we had, did I replace them with cable? Fuck no. That's worse that the wokest streaming service and at best offers 60% of the entertainment, the other 40% is the same ads over and over for things I'll never buy. |
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Wife unit and I will cancel two, but not all.
We pretty much never use Netflix anymore, and anyway f them. And Amazon Prime, the wife had it but after the shit they pulled last year with January 6th she was going to let it expire. We never use it anyway and really f Amazon. Actually that probably expired a while ago, not really sure. I will say I've been more apt to buy DVDs of movies I like in the cheap bin when I see them. I had gotten away from that. |
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Amex Platinum currently has a $240 annual credit for streaming services, up to $20/month. So, I get my Peacock, Audible, and Spotify for free. No annual fee for the card due to being waived for Active Duty.
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Cancelling my cable next week so I'm just now starting streaming.
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Quoted: Seems like more and more streaming companies are going woke and pushing steaming piles of shit that preach liberalism. But that has nothing to do with people cancelling, right? View Quote Yup. Seems new, original, and good content is rare. Look at how many lame remakes of classic shows and movies are being made (Wonder Years, Home Alone) but with a woke twist. Then services like Disney+ which rely on a huge back catalog but with not much new stuff. We’ve cut the cord for a while, but finding more and more that we’re back to watching classic series like Lost, Sopranos, The Wire, etc. Not much driving us to subscribe to a specific service with stellar content. |
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Quoted: There are too many of the damn things now. https://media.discordapp.net/attachments/827056949195046932/914371432643973130/20211128_112420.jpg?width=527&height=610 View Quote Except you can watch it whenever and wherever. |
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Quoted: Study: More Than 150 Million People will Cancel a Paid Streaming Subscription in 2022 That sounds like a meltdown to me. Was it a fad all along, or a sign of the economic times? A new study predicts more than 150 million people will cancel a paid streaming subscription, like Netflix or Disney+, in the coming year, signaling greater financial uncertainty for studios looking to grow their subscriber bases. View Quote Consulting firm Deloitte said it predicts that more than 150 million people will cancel a paid streaming subscription in 2022, creating a global churn rate of 30 percent. In the U.S., the churn rate is 38 percent, the firm said in its annual report of tech industry predictions. View Quote Churn occurs whenever a subscriber cancels his subscription. “This can be highly problematic for [streaming] providers, which may spend up to $200 to acquire each subscriber, though acquisition costs vary by market,” Deloitte said. View Quote As the number of streaming services continues to grow, “the pool of untapped consumers declines, acquisition costs may rise higher still, making retention even more important.” View Quote Subscriber growth is the key financial metric, according to Wall Street. This is the part I agree with: “many have become overwhelmed by managing and paying for all those subscriptions, and they have become more sensitive to their cost,” View Quote I read some months ago that credit card statements have become so clogged with streaming subscriptions for some people that customers can't keep track of their spending easily. The silver lining is that ...(snip)... more subscriptions will be added than cancelled, causing the average number of subscriptions per person to rise. View Quote I disagree with this: I think consumers are reaching a saturation point, are disgusted with liberal and woke streaming services, and are tired of everything you watch having to have a paid subscription. Just my humble opinion. By the way: I have zero streaming subscriptions. Zero. Zilch. Nada. What's your take? View Quote I think you are so far to the edge of the bell curve on this topic your already subjective opinion is magnified in its failure. |
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The wife unit is changing them around every month. Cancel one, sign up for the other. Paramount, Netflix, Disney, Hulu, etc.
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I am getting rid of a few services.
I canceled Disney, i will be canceling Apple TV and HBO. I will probably subscribe for a month here and there to watch one series or so. But, no more long term subscription. Netflix will probably be next. NF seems like a waste of time. YoutubeTV is only used for recording games. If they dont reduce their fee, i will junk this. Peacock, CW, Pluto and a few others are free and have lots of content. |
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If you cancel then signup 6 months later do you get a better deal?
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I have an Amazon Prime account so I pay for that.
I have access to Netflix, Hulu, Disney, and HBO Max but I don’t pay for any of those. I mostly watch YouTube… |
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Netflix was a good compromise, say $15 bucks and lots to watch.
Now the new trend is every Tom dick and Harry wanting to do their own streaming and lock their content into it, like Disney, Netflix, Amazon, paramount, Hulu, apple, peacock and a dozen others. I’m not fucking signing up for 10 different services to watch 1 series on each one. I’ll just watch it bootleg. I see a big increase back to bootleg media again, due to corporate greed. Seals went to paramount pay I guess, so I won’t watch that anymore. I foresee viewer numbers crashing doing this. I like Yellowstone a lot, but I’m not paying for a subscription to watch it, I’ll just bootleg it. |
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I just have Prime video, and that's really just as a benefit of membership, not the primary reason for having a membership. Everything else is free (with ads of course).
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I keep Amazon and Netflix. When a new show comes out, I will get that particular subscription until I'm done watching and then cancel.
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Quoted: Quoted: Giving up content under stress is not a good idea. I advertise with and for the Quonset Hut, a military surplus store in Austin. We give away 1,000 tv channels - free It requires an android tv box. $20 at Walmart. The recipe is on the wall, take your phone to take pictures. It only takes about 1 1/2 minutes. Free and legal. Lol, “legal.” Huh, yeah, it's a form of Pluto TV. Legal. Actually, it's 1,039 tv channels. The regular form has 260, I believe. Drop by, my stuff is simple. |
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I pay for Netflix, I get Amazon with my Prime membership, and I get Pluto for free. That cover my needs for $15 a month plus $20 for internet.
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Quoted: Study: More Than 150 Million People will Cancel a Paid Streaming Subscription in 2022 That sounds like a meltdown to me. Was it a fad all along, or a sign of the economic times? A new study predicts more than 150 million people will cancel a paid streaming subscription, like Netflix or Disney+, in the coming year, signaling greater financial uncertainty for studios looking to grow their subscriber bases. View Quote Consulting firm Deloitte said it predicts that more than 150 million people will cancel a paid streaming subscription in 2022, creating a global churn rate of 30 percent. In the U.S., the churn rate is 38 percent, the firm said in its annual report of tech industry predictions. View Quote Churn occurs whenever a subscriber cancels his subscription. “This can be highly problematic for [streaming] providers, which may spend up to $200 to acquire each subscriber, though acquisition costs vary by market,” Deloitte said. View Quote As the number of streaming services continues to grow, “the pool of untapped consumers declines, acquisition costs may rise higher still, making retention even more important.” View Quote Subscriber growth is the key financial metric, according to Wall Street. This is the part I agree with: “many have become overwhelmed by managing and paying for all those subscriptions, and they have become more sensitive to their cost,” View Quote I read some months ago that credit card statements have become so clogged with streaming subscriptions for some people that customers can't keep track of their spending easily. The silver lining is that ...(snip)... more subscriptions will be added than cancelled, causing the average number of subscriptions per person to rise. View Quote I disagree with this: I think consumers are reaching a saturation point, are disgusted with liberal and woke streaming services, and are tired of everything you watch having to have a paid subscription. Just my humble opinion. By the way: I have zero streaming subscriptions. Zero. Zilch. Nada. What's your take? View Quote |
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Nice bit about streaming services is that you can cancel whenever you want. People cancel one to start another. I don't think the number of cancellations directly reflects the number of TVs streaming some (other) content. We just picked up peacock so my daughter could watch a show. Wife and I are watching Yellowstone. When we're done we'll cancel. We do the same with other small channels. Have a friend who is a Marvel nerd. He'll wait for all the Hawkeye episodes to drop. Pay for a month of Disney+ then cancel.
ETA - read through the thread. I'm not the only one. |
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I've got Netflix, Prime, Disney+, and Hulu currently and I'll be part of that statistic. After the new Boba Fett gets wrapped up I'm cancelling D+, I watched everything I wanted to off of it and will pick it up again or borrow a login once the next season Mando drops. Only reason I've got shitty ass Hulu still is because it comes free with my old Spotify subscription
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Quoted: There are too many of the damn things now. https://media.discordapp.net/attachments/827056949195046932/914371432643973130/20211128_112420.jpg?width=527&height=610 View Quote |
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149 million will just switch services or sign back up as soon as a come back to us offer is dangled.
The other 1 million probably are dead. |
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Quoted: Nice bit about streaming services is that you can cancel whenever you want. People cancel one to start another. I don't think the number of cancellations directly reflects the number of TVs streaming some (other) content. We just picked up peacock so my daughter could watch a show. Wife and I are watching Yellowstone. When we're done we'll cancel. We do the same with other small channels. Have a friend who is a Marvel nerd. He'll wait for all the Hawkeye episodes to drop. Pay for a month of Disney+ then cancel. ETA - read through the thread. I'm not the only one. View Quote You make an excellent point. You do have to chase quality TV or Movies. Yours is not the only approach to doing that. Best to have it all. |
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Not a fad. I think folks are just trying different channels for the free month & then canceling.
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Quoted: They have shit content, why pay for it? View Quote Thats my problem. I find more interesting stuff on free (legal) streams than I found on subscription streams. If it weren't for my wife, I'd have no subscriptions. Fortunately, she only has one subscription, but I don't know how much longer she'll keep it. |
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That doesn't mean they are dropping streaming all together; it just means there is a lot of competition. there are now literally dozens of streaming services and people cycle between them based on what content is being offered.
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The "single channel" streaming services (Discovery+, Paramount, Peacock, CBS, etc.) will fail and have to find new business models.
The services with lots of popular and original content will do fine. |
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Quoted: Why pay when you can bootleg it? Amazon Prime is worth it. Video streaming is included with the other Prime things I use/want when it comes to delivery or ease of returns. If Disney was smart, and less greedy, they could offered a free family pass once a year to their parks or subscriber perks/discounts. Costco membership tied to netflix or hulu or some shit. But paying for paramount or just for a subscription for certain content? LOL fuck you View Quote |
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I add and remove different streams all year long. Doesnt mean I dont still only use streaming services and went back to cable.
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Quoted: How much is cable? How much is streaming? View Quote It's not that simple though. You also have to consider the convenience of no commercials and being able to choose what you want. After being on streaming services for like a decade I could NEVER go back to cable where I have to sit through commercials and can't choose what I want. |
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Clicked because I wanted to find out what steaming is. Turns out I can’t read.
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Quoted: The idea was cutting the cord. What happened was the single expensive cord was replaced by a bundle of cheap cords, where the cumulative cost is higher than the old one. And you still really only watch the same handful of "channels". View Quote I guess for some people maybe. Not our house. We saved over $100 a month. Hell 99% of what I watch is Youtube and that is free. |
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Quoted: I just torrent everything I want. Easier that way. View Quote Yep. Why more people aren't torrenting now, considering we're pretty much in the golden age of VPN access is nuts. Often times I've gotten an episode of a show I was after within 15 minutes of it going off the air that evening. |
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People bing watched series they wanted. No need to keep paying till another one they want to binge watch comes around.
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Quoted: Yep. Why more people aren't torrenting now, considering we're pretty much in the golden age of VPN access is nuts. Often times I've gotten an episode of a show I was after within 15 minutes of it going off the air that evening. View Quote View All Quotes View All Quotes Quoted: Quoted: I just torrent everything I want. Easier that way. Yep. Why more people aren't torrenting now, considering we're pretty much in the golden age of VPN access is nuts. Often times I've gotten an episode of a show I was after within 15 minutes of it going off the air that evening. Streaming does not require a VPN. Even from Torrent sources. Streaming is not illegal. Downloading is. |
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Quoted: I would think that a lot of people rotate through them. Sign up for one, watch stuff you're interested in, then cancel it and move to the next one. By the time you're done, maybe the first one has new content. Why subscribe to five at once? View Quote This and a combination of people being turned off by the woke movement. |
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Quoted: Why pay when you can bootleg it? Amazon Prime is worth it. Video streaming is included with the other Prime things I use/want when it comes to delivery or ease of returns. If Disney was smart, and less greedy, they could offered a free family pass once a year to their parks or subscriber perks/discounts. Costco membership tied to netflix or hulu or some shit. But paying for paramount or just for a subscription for certain content? LOL fuck you View Quote |
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Non-story. Only one side of the data is headlined to generate clicks.
How many new subscribers? How many dropped one just to pick up another? If 150m cancel a service but 150m start a service, it’s not really a decline. |
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Lots of streaming services out there, people aren't going to keep adding more and more - especially given the prices
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Quoted: There are too many of the damn things now. https://media.discordapp.net/attachments/827056949195046932/914371432643973130/20211128_112420.jpg?width=527&height=610 View Quote Pretty much this. The only advantage is no commercials on some of them. |
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