Netflix is a legacy platform in the streaming space. Unfortunately, as with many streaming apps, they announced a price increase just over a month ago. The company raised rates on two of its four plans. The Basic plan is going up to $11.99 a month, an increase of $2. The Premium plan is now $22.99 a month, or a hike of $3.
If the increase makes the platform too rich for you, here are some more economical options.
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Prices Are Going to Continue to Increase
Most streaming services are still losing money. Despite being backed by major media companies, they don’t like to lose cash. Prices are going to continue to increase, whether we like it or not.
The best way to save on streaming costs is to follow a binge-and-purge model. Subscribe to a service for a month or two, watch what you want, then move on.
Ads Are Going to Become More Pervasive
Other than price increases, ads are the other money-maker for streaming apps. In fact, they make more money via ads than anything else.
You’re going to see more ads, or you’re going to be paying significantly more to avoid them.
Paramount owns the Paramount+ app. It’s the home of the Paramount library, including next-day airings of most CBS shows. It also includes tons of live sports and is perfect for Star Trek fans.
You can get the ad-supported plan for $5.99 monthly or $11.99 without ads. The latter includes content from Showtime.
Peacock is the streaming service from NBCUniversal. As such, you get next-day airings of NBC shows. It also has lots of live sports, including Sunday Night Football and Big Ten Saturday. You also get loads of original shows.
You can get the ad-supported plan for $5.99 monthly, or $11.99 without ads.
Disney owns Hulu and is home to next-day airings of ABC and FOX shows. You don’t get sports, but it’s second only to Netflix for original content.
You can get the ad-supported plan for $7.99 monthly, or $17.99 without ads. It’s also possible to bundle it with Disney+ or ESPN.
Are you typically more in the mood for live TV? Frndly TV is a perfect solution. The app has over 40 live channels, largely focusing on lifestyle and entertainment content.
Plans range from $7.99 to $11.99 a month.
Disney+ is a fantastic choice for all kinds of Disney fans. The platform has content ranging from Disney classics, to the entire Star Wars library, and much more.
You can get the ad-supported plan for $7.99 monthly, or $13.99 monthly for the ad-free plan.
If you love spellbinding originals and gritty dramas, Max may be the streaming service for you. The app houses much of the Warner Brothers Discovery universe. This includes lifestyle content from Discovery to live news from CNN.
Plans range from $9.99 monthly for the ad-supported tier to $15.99 and $19.99 monthly for ad-free plans.
Apple may seem like an odd choice for streaming content, but its streaming app holds its own. It doesn’t have a ton of content, but its originals, such as Ted Lasso and Shrinking, are incredibly compelling. The app even has some MLB games and MLS Season Pass.
You can get the app for $9.99 a month.
Do you want to cut your streaming costs down to nothing? Tubi is an excellent option. The platform has over 50,000 TV shows and movies, plus over 200 live channels.
You will have to deal with ads, but it’s free and no account is necessary.
The Roku Channel is one of the top competitors to Tubi. It has over 40,000 TV shows and movies, plus over 300 live channels.
You do need to register to use the app, but it also includes live local news stations from many major metro areas.
Sling TV is a fantastic, and affordable, live TV streaming service. The company also owns Freestream. You don’t need a Sling subscription to use the free platform.
Furthermore, it has over 40,000 on-demand TV shows and movies as well as over 400 live TV channels. You do have to deal with ads, but all of the content is free to stream.
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I’m John Schmoll, a former stockbroker, MBA-grad, published finance writer, and founder of Frugal Rules.
As a veteran of the financial services industry, I’ve worked as a mutual fund administrator, banker, and stockbroker and was Series 7 and 63-licensed, but I left all that behind in 2012 to help people learn how to manage their money.
My goal is to help you gain the knowledge you need to become financially independent with personally-tested financial tools and money-saving solutions.