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$702 more is relative and tells nothing without the basis. It's 61% increase in 5 years.

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iso1631 23d ago
So in real terms it's up 26%. Which of course is to be expected, people have a set amount they are willing to spend on entertainment, in the past it was cable -- in 2015 the average US cable TV subscription was about $100, that's about $140 today in real terms, or $1700 a year. Seems that streamers have a long way to go before they extract all that money.
- MYEUHD 23d ago
  How did you come up with the 26% number?
  - pbmonster 23d ago
    Total consumer-price inflation has been about 27.7% since 2021. Inflation is multiplicative, so: 1.277 * 1.26 = 1.61 giving us the 61% subscriptions went up.
    - rcxdude 23d ago
      Though it's a little circular, because this is the kinda of thing that goes into the inflation calculation.
- OtherShrezzing 23d ago
  That’s the average household cable tv subscription, no? I subscribe to YouTube and my partner subscribes to Prime. We have a joint cable-like tv package too, and one of us pays for Disney Plus. In the past we’d have been consolidated into one cable subscription consumption, but now we appear in the stats as lots of distinct consumptions. I think all-in, streamers plus other subscription based entertainment services are nearer to the $140 figure per household than the individual figures describe.
  - lotsofpulp 23d ago
    The average household cable tv subscription didn't get you access to all the music, enormous amount of youtube content, shipping benefits, and ad-break free watching. And it wasn't on demand viewing. And it required using a special device in a specific room in a specific house.
    - palebluedot 23d ago
      And, back in the day, you also had contract terms of 1 or 2 years, so you were locked in. Now, you can turn these services on and off at your whim
- dantillberg 23d ago
  Or another way of reading it: a 61% increase over 5 years indicates a 10% annual pace of inflation for this particular basket of goods.
- MisterMunchkin 23d ago
  But inflation is calculated entirely based on costs like these subscriptions...
  - ChrisRR 23d ago
    Not entirely. CPI takes things like subscriptions into account, but not DPI
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deleted 23d ago

[deleted]

So in real terms it's up 26%. Which of course is to be expected, people have a set amount they are willing to spend on entertainment, in the past it was cable -- in 2015 the average US cable TV subscription was about $100, that's about $140 today in real terms, or $1700 a year. Seems that streamers have a long way to go before they extract all that money.

MYEUHD 23d ago
How did you come up with the 26% number?
- pbmonster 23d ago
  Total consumer-price inflation has been about 27.7% since 2021. Inflation is multiplicative, so: 1.277 * 1.26 = 1.61 giving us the 61% subscriptions went up.
  - rcxdude 23d ago
    Though it's a little circular, because this is the kinda of thing that goes into the inflation calculation.
OtherShrezzing 23d ago
That’s the average household cable tv subscription, no? I subscribe to YouTube and my partner subscribes to Prime. We have a joint cable-like tv package too, and one of us pays for Disney Plus. In the past we’d have been consolidated into one cable subscription consumption, but now we appear in the stats as lots of distinct consumptions. I think all-in, streamers plus other subscription based entertainment services are nearer to the $140 figure per household than the individual figures describe.
- lotsofpulp 23d ago
  The average household cable tv subscription didn't get you access to all the music, enormous amount of youtube content, shipping benefits, and ad-break free watching. And it wasn't on demand viewing. And it required using a special device in a specific room in a specific house.
  - palebluedot 23d ago
    And, back in the day, you also had contract terms of 1 or 2 years, so you were locked in. Now, you can turn these services on and off at your whim
dantillberg 23d ago
Or another way of reading it: a 61% increase over 5 years indicates a 10% annual pace of inflation for this particular basket of goods.
MisterMunchkin 23d ago
But inflation is calculated entirely based on costs like these subscriptions...
- ChrisRR 23d ago
  Not entirely. CPI takes things like subscriptions into account, but not DPI

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