Disney Plus, Netflix, Max: how to pay less for your streaming services?
If you spend more than $100 on Hulu, Max, Sling, Netflix and others, there’s a way to save cash.
Netflix’s account-sharing fees are here, and HBO Max’s relaunch as Max introduced a new $20 tier. With a wave of new costs and streaming service price hikes (like YouTube TV’s $73 plan), it may feel like a luxury to stream. If you add up the prices of each platform, you may discover you’re spending $100 or more a month. You can lighten your load, however.
Let’s say you’re subscribed to multiple streaming services, you watch one or two of them until your favorite series ends its season, then look for the next thing. But is it worth keeping all those accounts active if you’re not watching anything on them? I don’t think so.
Have a look at this budget-conscious strategy to help you save on your streaming TV expenses.
Rotate all your streaming service subscriptions
For cord-cutters, shifting from cable to streaming can be a wise financial move. Because you’re able to sign up for monthly plans, it’s easy to jump into a streaming service and jump out when prices increase or content gets dull. But according to Deloitte’s 2023 Media Trends report, the main reasons people cancel their streaming subscriptions are due to economic pressures and lack of fresh content. Media companies call this behavior “churn.” We’re calling this the rotation method, and you should try it.
The incentive? You save your coin and avoid content droughts. Let’s say a popular show like Secret Invasion or Love Island is set to premiere on a streaming service. Find the total episode count and wait until they’re all available at once on a platform. You cancel Hulu, Disney Plus or other service and then, once all the episodes are available, resubscribe to catch up. Alternatively, you can start streaming a show midseason to cut costs. My monthly guide on which streaming services to cancel can help you keep up.
The downside? You won’t have immediate access to every show you want to watch and will have to wait until the full season airs. And since many streaming services release new episodes weekly, you might not be caught up at the same time as your friends. If you’re someone who prefers to watch episodes immediately when they drop, you may decide it’s worth it to have multiple subscriptions at a time. If you have patience, however, you can save some money.
The strategy can also work if you have a live TV streaming service to watch a particular sport or major event like the NBA championship. Once the season wraps, cancel the service or move to a cheaper platform with fewer channels, like Sling TV.
Need help figuring out the best way to rotate? Follow the tips below to learn how to churn streaming platforms until your wallet feels content.