Throw, throw, throw your dough...gently at the streams...

Answer:

• Streaming: 37% of viewers
• TV: 49% of viewers

Questions:

• Why do you think there’s been a significant shift toward watching TV and movies on streaming services?
• How might the rise of streaming services influence the type of content that is produced? Are there differences in the kinds of shows or movies that are popular on streaming platforms versus traditional TV?
• With more people watching content on streaming platforms, how might this impact advertising revenue for traditional TV networks?
• Do you think traditional TV will eventually become obsolete due to the rise of streaming services? Why or why not?

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (Morning Brew):

"How much of a price hike would it take for you to give up ad-free access to every episode of Suits?

That’s the question major streaming platforms are pondering as they’ve jacked up subscription prices by 25% on average, per the Wall Street Journal. A basket of streaming services will cost $87 per month this fall, up from $73 a year ago, according to the Financial Times. The average cable package: $83."

---------------

Have your students really think about how many of these streaming services they NEED with COMPARE: Needs vs. Wants.

---------------

NGPF's Budgeting unit will have your students ready tackle these important financial decisions.

About the Author

Ryan Wood

Ryan is the Partnerships and Adoption Manager for Next Gen Personal Finance’s midwest region. He brings his experience as a former teacher, curriculum designer, and sales and marketing professional to state organizations and school districts in supporting the implementation of their personal financial education efforts. He graduated from the University of Wisconsin-Green Bay and earned his teaching credential from Saint Mary’s University in Winona, Minnesota. He proudly taught at two rural high schools in Wisconsin before transitioning to curriculum design at NGPF, and is now excited to be on the front lines in delivering the best possible financial education in the midwest. He and his wife have three beautiful daughters, each of which inspire him to share the impact of being sound financial stewards both at home and as lifelong learners.