Vidgo and YouTube TV Raise Their Prices: How Will It Affect Cord-Cutters?

Vidgo and YouTube TV Raise Their Prices How Will It Affect Cord-Cutters

Vidgo and YouTube TV Raise Their Prices: How Will It Affect Cord-Cutters?

Cord-cutting has become increasingly popular in recent years, with more and more people opting for streaming services over traditional cable TV. However, the price of these streaming services has been steadily rising as more players enter the market. Recently, both Vidgo and YouTube TV announced that they would be raising their prices, leaving cord-cutters wondering how this will affect their budgets.

Vidgo Raises Prices on Their Live TV Streaming Service

Vidgo is a relatively new player in the live TV streaming market, but it has been gaining traction in recent months with its affordable plans. However, on March 25, 2021, the company announced that it would be raising the price of its Core and Plus plans by $10 and $5 per month, respectively. The new prices will take effect on April 1, 2021.

The Core plan, which includes more than 60 channels, will now cost $55 per month, while the Plus plan, which includes more than 90 channels, will cost $65 per month. Vidgo cited rising programming costs as the reason for the price increase.

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What Does This Mean for Cord-Cutters?

For cord-cutters who have been using Vidgo's service, the price increase may be a deal-breaker. While Vidgo's plans are still relatively affordable compared to cable TV, the price hike may make it difficult for some people to justify the cost. Additionally, it remains to be seen if other streaming services will follow suit and raise their prices in response to Vidgo's move.

Grandfathered YouTube TV Family Plan Gets More Expensive

YouTube TV is another popular live TV streaming service that has been steadily raising its prices over the years. However, the latest price increase may be particularly painful for some users. On March 30, 2021, YouTube TV announced that it would be increasing the price of its grandfathered Family Plan by $5 per month, bringing the total cost to $90 per month.

The Family Plan, which was discontinued in May 2018, allowed users to share their subscription with up to six family members. Those who signed up for the plan before it was discontinued were able to keep it at the original price of $35 per month. However, this price has been steadily increasing over the years, and the latest price hike may make it difficult for some users to justify the cost.

What Does This Mean for Cord-Cutters?

For cord-cutters who are still on the grandfathered YouTube TV Family Plan, the latest price increase may be a bitter pill to swallow. However, it's worth noting that the service still offers a good value compared to cable TV. For example, a comparable cable TV plan with six users would cost much more than $90 per month.

The recent price increases by Vidgo and YouTube TV are a reminder that the cost of live TV streaming services is not immune to inflation. While cord-cutting is still a more affordable option than cable TV, users should be prepared for prices to rise as the market becomes more competitive. It's important to compare plans and prices regularly to make sure you're still getting the best value for your money.

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