Media Prices On The Rise

Graph from TheWrap.com shows the rising price of media consumption

As media outlets suffer a decline in ad sales, they are passing the cost on to the consumer. A report by Hollywood industry blog TheWrap.com shows that the price of media consumption has risen sharply this year, particularly the cost of electronic media, such as e-editions of newspapers, video streaming, and e-books. It is important to note that the article doesn’t mention music prices, which are holding steady at iTunes and other outlets.

Hulu, the free ad-supported video-streaming site introduced a Hulu Plus version in June, for $9.99 a month. Even though Amazon battled book publishers to keep the price of e-books for its Kindle reader at $9.95, they eventually lost, raising the price to $13-$15. The New York Times recently raised the price of its digital subscription for e-readers, like the Kindle, 43 percent to $19.99/month. NYT is also building a pay wall for its website, and as early as 2011 will block off stories that used to be free.

More here.

Comments

Powered by Facebook Comments

Follow MusicRow on Twitter

Category: Featured

About the Author

Sarah Skates has worked in the music business for more than a decade and is a longtime contributor to MusicRow.

View Author Profile