How to save money on streaming

Many of us spend a lot of time streaming movies, TV shows, sports and other types of entertainment these days.

And to get a full range of content, it means paying for a lot of different services.

“The content we want is spread across many services,” Dan Rayburn, a principal analyst at research and consulting firm Frost & Sullivan, said.

“It’s not aggregated in one place, and it never will be.”

All those subscriptions can add up.

But don’t worry, you can still binge watch on a budget.

What are you actually watching?

It’s nice to have a variety of streaming options to choose from when settling into your couch for the night, but don’t pay for services you aren’t using.

Take the time to review which ones you’re paying for and how often you use them.

Unlike some bundles, streaming services tend to be easy to cancel.

“People get stuck in a mentality of being tied to a contract, but streaming services typically don’t have a contract, so when you go through the review process, you can cancel,” said Michael Timmermann, founder of savings blog Michael Saves.

Streaming services that offer live sports are usually more expensive than other services, so if you are only using it during your favourite sport season, don’t pay for it year-round.

“If you are getting a live streaming service because of sports, make sure it has your local teams,” Rayburn said.

Rotate, rotate, rotate

There’s a lot of great content out there, but that doesn’t mean you have to subscribe to all the services at once.

From Netflix to Stan, Fetch, Disney – and the rest – you can plan to binge efficiently.

“A lot more people are planning their binge watching to save money,” said Timmermann.

“They watch Netflix for two months then put it on pause, then go to (another service) to catch up on movies, then a couple months later switch (again).”

This takes a little planning and effort, but it can save you money and also make it easier to figure out what to watch.

Go all in

On the other hand, if there are streaming services you know you will watch consistently, check to see if there’s an annual price that saves money.

For instance, Disney+ is currently offering subscriptions at either $8.99 a month or $89.99 a year, a saving of 20 per cent.

Keep in mind that companies also raise prices periodically.

“These services never get cheaper and continue to go up,” Rayburn said.

What are you already paying for?

Take advantage of any streaming services that come with something you are already paying for.

For instance, Amazon Prime members get access to Prime Video and Apple TV+ is free for a year when you buy some new Apple devices.

“I bought a new TV during Black Friday week and I got Disney+ free for a year,” said Rayburn.