Netflix is now cheaper than Paramount+ and Showtime bundle Netflix has become cheaper than both Paramount+ and Showtime bundle, according to a recent study. The study, conducted by research firm IHS Markit, found that Netflix’s monthly price for a standard definition subscription is now $8.99 compared to $11.99 for the Paramount+ and Showtime bundles. The price difference is also significant, with Netflix costing $1.39 per month on average compared to the $1.89 per month for the Paramount+ and Showtime bundles. Netflix has been increasing its prices over time, but this latest study suggests that it may be cheaper to just buy all three services in one go rather than subscribe through multiple channels.
Paramount+ is a streaming service, just like Netflix and Disney+, but Showtime has historically been available as both a streaming service and a premium cable channel (or an add-on for other services, like Hulu). Paramount+ costs $4.99 per month or $44.99 per year for the plan with “limited commercial interruptions,” and the Premium plan is $9.99/mo or $99.99/yr. Showtime is $10.99/mo or $99.99/yr.
Paramount currently has bundle deal with both services, available in two tiers: “Essential + Showtime” for $7.99/mo with limited ads, and “Premium + Showtime” with no ads. That’s cheaper than paying for each on their own, and for people with a bundle deal, the Paramount+ app will now display content from Showtime. Paramount plans to raise the price of the bundles to $11.99/mo for ads and $14.99/mo without ads starting on October 2 — if you sign up before then, you’ll get the lower price.
Even though Showtime content is now available in the Paramount+ app, this isn’t like the upcoming HBO Max/Discovery+ merger — you can still pay for each service on its own at a lower individual price. Paramount is simply making it cheaper to have them together, and also removing the need to install one of the two apps.
Source: Deadline
