Reported 1 day ago
President Trump's proposed 100% tariff on foreign-made movies could lead to significant increases in streaming subscription costs for Americans. Currently averaging $69 per month, streaming prices may rise even further as platforms like Netflix face heightened production expenses. Analysts predict that Netflix might need to increase its average revenue per user by approximately 7% to counterbalance tariff-induced costs, with the potential for $3 billion in additional expenses annually. Many consumers are already reconsidering their subscriptions amid existing price hikes and may turn to free alternatives as streaming costs climb.
Source: YAHOO