Streaming Services Are Hiking Their Prices

Streaming Services Are Hiking Their Prices

Assessment

Interactive Video

Business, Performing Arts

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the increasing costs of streaming services, which are now comparable to traditional cable TV. It highlights the reasons behind price hikes by major players like Netflix and Disney, and the growing number of streaming services. Consumers are subscribing to more services, leading to higher entertainment budgets. The video also explores the potential for market consolidation and the impact of original content on consumer choices, emphasizing the shift away from cable bundles.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason for the recent price hikes in streaming services like Netflix and Disney?

Growing subscriber base

Government regulations

Decreased competition

Increased production costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How have consumers responded to the increasing number of streaming services?

They have reduced their subscriptions to one service

They have increased the number of services they subscribe to

They have stopped watching TV altogether

They have returned to cable TV

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential future trend in the streaming service market?

A decrease in subscription costs

A decrease in the number of available services

Consolidation of services

A return to cable TV

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it unlikely for consumers to return to traditional cable bundles?

Streaming services are less reliable

Cable TV has better quality

Streaming services offer exclusive content

Cable TV is more expensive

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy are streaming companies using to retain subscribers?

Lowering subscription prices

Offering free trials

Investing in original content

Partnering with cable providers