Not quite $240, but Netflix apparently spends about $100 for customer acquisition [1] (data is a few years old). I imagine the other streaming sites have simila

Not quite $240, but Netflix apparently spends about $100 for customer acquisition [1] (data is a few years old). I imagine the other streaming sites have similar unit economics. In consumer finance, CACs are even higher. For standard credit cards it’s around $200 but can be over $1000 for premium cards. [1] https://www.fool.com/investing/2018/01/23/netflixs-83-million-new-subscribers-didnt-come-che.aspx https://www.fool.com/investing/2018/01/23/netflixs-83-millio... [2]https://www.unifimoney.com/blog/changing-the-vicious-cycle-of-push-to-pull-in-customer-acquisition https://www.unifimoney.com/blog/changing-the-vicious-cycle-o...