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Streaming Bundles on the Rise
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Media companies are adopting bundling and promotions to attract subscribers in response to streaming platform rate increases. Verizon offers discounts for 'myplan' users, providing access to multiple streaming services. Industry analysts predict a trend towards streaming bundles, with a survey indicating that 70% of new streaming subscribers will get their subscriptions from such bundles.
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How could the adoption of bundling and promotions by media companies influence consumer behavior and the streaming industry as a whole?
How might the trend towards streaming bundles impact the competition among streaming platforms?
What strategies could streaming platforms employ to mitigate the impact of rate increases on their subscribers?
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