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The Subscription Trap : Planet Money

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Subscriptions could make customers really feel trapped, very similar to Admiral Ackbar, who received to the second Dying Star and found its shields nonetheless absolutely operational and several other Star Destroyers poised to ambush.

Lucasfilm


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Lucasfilm


Subscriptions could make customers really feel trapped, very similar to Admiral Ackbar, who received to the second Dying Star and found its shields nonetheless absolutely operational and several other Star Destroyers poised to ambush.

Lucasfilm

Over the previous 20 years, there’s been a form of tectonic financial shift occurring underneath our ft. Increasingly more corporations have switched from promoting items one after the other to promoting providers, accessible as a subscription. Today all the pieces from razor blades to meal kits to automobile washes have change into subscriptions. However all that comfort has additionally include a darkish facet – some corporations have designed their choices to be as simple as doable to join and likewise as tough as doable to cancel. Many customers are actually paying for far more subscriptions than they even find out about.

On at this time’s present, we uncover how all of us fell into this subscription entice – who’s successful and who’s dropping on this courageous new subscription based mostly world – and what each the federal government and the free market are doing to try to repair it.

This episode was hosted by Alexi Horowitz-Ghazi and Jeff Guo. It was produced by James Sneed. It was edited by Jess Jiang, fact-checked by Sierra Juarez, and engineered by Cena Loffredo. Alex Goldmark is Planet Cash‘s government producer.

Still trying to quit that gym membership? The FTC is proposing a rule that could help

Assist assist Planet Cash and listen to our bonus episodes by subscribing to Planet Cash+ in Apple Podcasts or at plus.npr.org/planetmoney.

All the time free at these hyperlinks: Apple Podcasts, Spotify, the NPR app or wherever you get podcasts.

Discover extra Planet Cash: Fb / Instagram / TikTok / Our weekly E-newsletter.

Music: Supply Audio – “Dizzy Physician,” “Brooklyn Rhythm,” and “Jazz Membership Beat.”



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