Say it ain’t so. We love Dropout.tv and its content is hilarious and nerdy. Dropout is home to one of the most popular Dungeons & Dragons actual play series of the moment, Dimension 20. And it has a whole slew of other content that viewers everywhere love. But alas, Dropout is still a streaming service. And if there’s one thing a streaming service is going to do, it’s increase its subscription prices. Even though Dropout seems like your friendly neighborhood content provider, it’s not immune to the siren song of increasing costs for viewers. Beginning on May 7, Dropout.tv will see its first price increase. It’s not a bad one and the value is still super good. It’s just a tough time to be a streaming customer. Here’s what we know about Dropout’s upcoming price hike.
As mentioned, starting on May 7, Dropout will raise its monthly subscription price from $5.99 to $6.99. Meanwhile the cost of an annual subscription will increasing from $59.99/year to $69.99/year (which is still less than $6/month on average). BUT, and this is the good news, if you are currently subscribed to Dropout, then you will retain the legacy price until you change or cancel your subscription. If you’ve been thinking of checking out Dropout.tv, then you have until May 7 to begin subscribing and secure the current (soon-to-be legacy) price point. If you decide to select an annual plan, you’ll retain the lowest price possible for Dropout. Annual plans allow users to save around 20%. You can check out all the details at Dropout’s “Price Change” page.
“Price Change,” we feel, is an elegant name that other streamers will surely adopt, even though it really just means “Price Increase.” Personally, we also think that the first streamer to announce a “Price Drop” will win many friends. But regardless, Dropout.tv explains a bit about its reasoning for the subscription price increase. It reveals, “We have not increased the price of our subscription since January 2022 – since that time, our costs have gone up considerably due to higher production value, pay increases for staff and production teams, and inflation. Even still, we only think it’s fair to increase the price for new and returning subscribers, not existing subscribers.”
Dropout.tv CEO Sam Reich shares further thoughts about the price hike in the above video. He notes, “To allow us to continue to operate in a healthy, sustainable way, we think that raising prices every few years to keep up with costs and inflation makes sense, but we still want to reward existing subscribers for their loyalty.”
Okay, we guess that’s fair. It’s hard out there for everyone, and it’s not Dropout’s fault. Honoring legacy customers is at least better than most deals consumers get. So we really hope Dropout hangs onto that ideal as it continues to increase its cost and price tag. But even still… will the end of streaming price increases ever arrive? It feels like the answer to that is no.
Content shared from nerdist.com.