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BUSINESS Saturday 13 april 2019
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How not to break the bank on streaming services

By MAE ANDERSON there to fill the void.
SARAH SKIDMORE SELL Classic movies can be diffi-
Associated Press cult to find streaming. Mov-
NEW YORK (AP) — With ie fans suffered a loss when
more TV streaming servic- AT&T, which bought
es than ever before, from Time Warner last year, de-
newcomers like Disney Plus cided to discontinue Film-
to stalwarts like Netflix, con- Struck, a streaming service
sumers may feel the ideal that was a collaboration
viewing experience is final- between Turner Classic
ly at hand. Movies and the Criterion
Americans have, on aver- Collection. But a similar ser-
age, three streaming video vice called The Criterion
subscription services, ac- Channel that offers 1,000
cording to a recent study classic and contemporary
of digital media trends by films is stepping up to fill the
Deloitte. While some have void. It costs $11 a month or
dropped cable and its av- $99 for a year.
erage bill of around $100 Other movie-centric
a month altogether, about streaming services include
43 percent have both pay Fandor ($6 per month or
TV and streaming subscrip- $50 per year) or Mubi ($11
tions. per month). Both offer a cu-
Yet patching together a rated selection of movies.
variety of services to get Those on a budget can try
just what one wants isn’t This June 24, 2015, file photo shows the Hulu Apple TV app icon in South Orange, N.J. Kanopy, a streaming ser-
always seamless. Families Associated Press vice that works with public
and individuals can still find A little research on which ber 12, will cost $7 a month Another choice for parents: libraries and universities to
themselves with service services are best for you initially. HBO Now ($15 a month) is offer library card holders
that doesn’t perfectly suit can help save big bucks. For some kids, there may the home for the classic kids streaming movies for free.
their viewing habits. And FOR FAMILIES be no substitute for watch- TV show “Sesame Street.” FOR SPORTS FANS
those monthly subscriptions Disney is making the biggest ing Disney’s “Frozen” over And for spendthrifts, You- Sports fans do have stream-
can add up fast. play for family viewership. and over again. Tube’s free Kids channel ing options, but they cost
“It doesn’t make sense to The owner of Disney Chan- But other services that offers an endless stream of more since sports must be
pay for a bunch of con- nel, the Star Wars franchise families might already sub- kid-friendly fare, although watched live. Basic live TV
tent you have no interest and most recently Fox’s en- scribe to have a lot of fam- quality varies widely. options are cheaper but
in watching,” said Bruce tertainment business is bet- ily-friendly programming FOR MOVIE BUFFS may not include sports
McClary, vice president ting its mix of family-friendly too. Amazon Prime ($119 Movie fans will soon have channels. Which service
of marketing for the Na- franchises and beloved an- per year or $13 per month to work a bit harder to find you choose depends on
tional Foundation for Credit imated classics, along with for Prime loyalty program movies to stream. As Disney, which sport or which team
Counseling. “Finding a ser- original programming, will membership; Prime Video Fox, Universal and Warner you want to watch.
vice that lets you scale your make the Disney Plus ser- alone costs $9 a month), Brothers and others offer There are a variety of
channel lineup based on vice irresistible to families, Hulu ($6 to $12 per month), their own streaming servic- live TV streaming services
your interests can also help even if they already sub- and Netflix ($9 to $16 per es, they will all eventually that offer a wide range of
you avoid paying for things scribe to other services. The month) all offer kids pro- pull their content from Net- sports, but they’ve recently
you don’t need.” service, launching Novem- gramming. flix. But niche services are been raising their prices.q

Wells Fargo’s 1Q profits rise 14%, beating analyst forecasts

By KEN SWEET been placed on the bank its restrictions on Wells’
Associated Press by regulators. Last year the business. Federal Reserve
NEW YORK (AP) — Con- Federal Reserve capped Chairman Jerome Powell
sumer banking giant Wells the size of Wells Fargo’s said earlier this year there
Fargo said its profits rose assets after the bank re- was more work to be done
by 14% from a year earlier, peatedly found itself in at Wells before he felt the
helped by higher interest one bank-related scandal bank has satisfied the Fed’s
rates which offset the re- after another, starting in demands.
strictions put on the bank’s 2016 with the uncovering Powell’s comments, along
businesses after years of of millions of fake check- with a poor performance
scandal. ing accounts its employees in front of Congress last
The San Francisco-based opened to meet sales quo- month, forced Wells Fargo’s
bank said Friday that it tas. Chief Executive Officer Tim
earned a profit of $5.86 Typically a bank the size of Sloan to unexpectedly and
billion, or $1.20 per share, In this Nov. 29, 2018, file photo a person walks by a Wells Fargo Wells would be increasing abruptly resign.
up from $5.14 billion, or 96 bank location in Philadelphia. assets and loans in a grow- The biggest U.S. mortgage
cents a share, in the same Associated Press ing economy such as this lender posted revenue of
period a year earlier. The Like other banks, Wells Far- ing products like credit one. But the bank’s assets, $26.3 billion in the period.
results were better than go has benefited from a cards and mortgages. loans and deposits all fell Its revenue net of interest
the $1.11 per share that rise in interest rates, which The rise in interest rates was compared to a year earlier. expense was $21.61 bil-
analysts had expected, ac- has allowed it to charge more than enough to nul- It’s not clear when the Fed- lion, also beating Street
cording to FactSet. more for consumer bank- lify the restrictions that had eral Reserve will remove forecasts.q