A survey asked people if they would stop using a streaming service if the price went up by 5% to 10%. 54% of people said they would stop using it. This means that streaming services need to be careful about raising their prices too much, or they might lose customers. Some services, like Netflix, are more popular and people are less likely to stop using them if the price goes up. Read from source...
- He criticizes the polls conducted by Benzinga as being voluntary, having no incentives, and having a diverse population of adults 18 or older, implying that the sample size and demographics are not representative of the actual streaming subscribers.
- He points out the inconsistency in the percentages of subscribers who would cancel services if their prices increased. For example, 54% would cancel if the price went up 5% to 10%, but only 3% would cancel HBO Max if the price increased.
- He questions the relevance and credibility of the polls, as they were taken before the recent wave of price increases announced by various streaming services.
- He argues that the article does not provide any data or evidence to support the claim that a 5% to 10% price increase would cause a significant number of subscribers to cancel streaming services.
- He also challenges the logic of the article, as it suggests that Netflix is less likely to be canceled due to a price increase, despite being one of the most expensive streaming services.
- He finds the article emotionally biased, as it focuses on the negative aspects of price increases and ignores the potential benefits of increased revenue and profitability for streaming services.
### Final answer: AI criticizes the article for its inconsistencies, biases, irrational arguments, and emotional behavior.
Neutral
Article's Opinion: The article is based on a poll conducted by Benzinga and reports the results. It doesn't provide a clear opinion on the subject.
Article's Key Points:
- 54% of 90 respondents said they would cancel a streaming service if its price increased by 5% to 10%.
- 24% would cancel if the price increased 10% to 20%.
- 13% would cancel if the price increased by more than 20%.
- Only 8% of respondents would never cancel a service, no matter how high the cost.
- Netflix is more likely to be kept than HBO Max, Tubi, Spotify, Spectrum, and Paramount+.
- Disney+ Premium is increasing the monthly price from $13.99 to $15.99, and 37% of the respondents said they planned to cancel the service due to the price hike.
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