Report: 76% of household debt comprised of streaming service subscriptions

TORONTO, ON – A newly released consumer report shows that up to 76% of household debt is comprised of a multitude of subscriptions to online streaming services.

Levels of household debt continue to rise and that has some experts concerned, especially considering the current record-breaking unemployment numbers.

“I have Netflix, Prime, Hulu, Crave, HBO Max and HBO Now, Apple TV, Disney+ and I’m just about at my financial limit,” explained Ryan Raynolds, a frustrated consumer. “I’m probably going to need to take out a second mortgage.”

Mr. Raynolds said that he’s weighing whether to include additional services to satisfy his insatiable demand for content.

“I’m eyeing CBS All Access, ESPN+, BET+, Peacock, Pluto TV, Fox Nation, Epix, DC Universe, Boomerang and CW Seed. Honestly, I’m more comfortable missing a mortgage payment than missing a single episode of anything.”

Like many indebted consumers, Ryan Raynolds cites rock bottom interest rates and easy access to capital for fueling his demand for so many streaming services.

Raynolds hopes that one day technology will allow for a user to subscribe to one service provider and get access to all available content.

Similar to other subscribers of online content, Mr. Bidding said he would not be subscribing to Quibi.