Steven Spielberg Just Signed a Deal That Could Raise Your Streaming Bill—Here’s Why You Should Care
If you’re paying for Netflix, Disney+, or any other streamer, you might want to sit down. Legendary director Steven Spielberg has inked an exclusive multi-year deal with Netflix to produce new movies—and analysts say this move will likely trigger a new wave of price hikes across the entire streaming landscape. Spielberg’s prestige projects come with massive budgets, and streamers will pass those costs to you, the viewer. Expect your monthly subscription to jump by $2 to $5 as companies compete for his “blockbuster” touch. Your wallet is about to feel the “Schindler’s List” effect—but for your bank account, not your heart.