Streaming Service Raises Prices Despite Having No New Content To Share


Kay Smythe News and Commentary Writer
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Peacock will officially raise its streaming subscription prices in August despite the entire entertainment industry being on lockdown over squabbles with pay, implying there will be little to no new content for subscribers for quite some time.

The people behind NBCUniversal’s Peacock streaming services think you should be paying an extra $1 per month for the Premium tier, and $2 more for Premium Plus, according to Deadline. Viewers will still be exposed to advertisements for the Premium tier, making anyone with common sense question why.

Oh, because the entire mainstream entertainment industry is falling apart, and Peacock is probably trying to grab as much cash as possible, as quickly as it can, before it falls into irrelevancy. I could be wrong on this hypothesis, but I doubt it.

Hollywood is on the verge of collapse as the Writers Guild of America (WGA) and Screen Actors Guild (SAG) join forces in part to protest the impacts of streaming services on their bottom line. As a result, all shows and films in development have ground to a halt, so Peacock probably won’t have any new material to provide their subscribers, despite the price hike.

While members of the WGA and SAG cry about how they can no longer become astronomically rich for scribbling fiction and playing dress-up in front of a camera, the rest of America is struggling to make ends meet and weather the long-term economic impacts of decades of mismanagement. This mismanagement, compounded with devastating decision-making during the COVID-19 pandemic, should make you question whether you even need streaming services. (RELATED: The Streaming Industry Just Crippled Itself. Be Prepared For Major Ripple Effects)

To put into perspective, all actors still get paid the same day rate for the hours they work, they can get some residuals (in certain situations), but they won’t be made millionaires just because they decided to skip adulthood and stay in their arrested development. They have to do a normal job, and work to get by, just like the rest of us.

How sad for them, said no one ever.

I went to the store the other day and bought sausages, eggs and grits. The sausages and grits were on sale, and the purchase was still more than $10. The same items were less than $5 combined just a few years ago. So, if you had to choose between reruns of old shows and eating this summer, which would you pick? Hint: if you pick Peacock, you probably aren’t going to last very long in the world we’re creating ahead of us.