Americans quit subscription streaming services in droves as cost of living continues to climb, report finds [View all]

Source: The Independent

Wednesday 08 April 2026 23:56 EDT


Americans are quitting subscription streaming services in droves as the cost of living continues to climb, a recent report has found.

Streaming services such as Netflix and Hulu have become increasingly popular in recent years, but Deloitte’s 2026 Digital Media Trends report, released late last month, shows how Americans are getting frustrated over the cost to have their favorite movies and TV shows at the click of a button.

About 40 percent of Americans have cut back on streaming services in the last three months because of financial concerns, according to the report.

“As the cost of everyday essentials like food and housing remain high, many consumers are reevaluating their budgets and cutting back on nonessential expenditures,” Deloitte said in its survey results. “At the same time, prices for media and entertainment services continue to climb.”

Read more: https://www.the-independent.com/news/world/americas/streaming-services-cancel-cost-living-increase-b2954213.html