Rachel Wolfe

speaker

900 appearances 20 recordings 1 series first heard Mar 2022 last heard May 2024

Rachel Wolfe’s voice in public audio — every appearance, attributed to the second.

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Appearances

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WSJ Your Money Briefing · Music Fans Are Spending Big on Concert Tickets – And Nothing Else · 26 Apr 2023 podcast

So that's being passed on to the fans who, you know, if they're going to the show, many of them can't leave without the T-shirt. matched

But that is a lot more expensive than it used to be, too. matched

You know, I think that's a concern that music managers said they have, especially with the fears of a recession, that people scrimping elsewhere won't be enough to afford the concert, you know, if they're just trying so hard to get by. matched

So that's definitely something that artists are reckoning with right now is this idea that it may not last forever. matched

But for now, sales are still really strong. matched

So I don't think they're that worried yet. matched

WSJ Your Money Briefing · Consumers Are Clicking ‘Cancel’ on Subscriptions · 12 Apr 2023 podcast

So the number of new subscriptions per user peaked in the third quarter of 2022. matched

That means streaming services, digital memberships, food of the month clubs, etc., etc. matched

We really reached peak subscription during the pandemic when everybody was at home. matched

Think streaming, think boxes of stuff delivered to your door. matched

So the number of new subscriptions per user peaked in the third quarter of 2022. matched

That means streaming services, digital memberships, food of the month clubs, et cetera, et cetera. matched

Since then, cancellations are actually outpacing new subscriptions, according to financial planning app Rocket Money. matched

So in other words, we've really reached peak subscription and now we're coming down off of a high. matched

household budgets are getting a lot tighter. matched

We have inflation, other economic uncertainties like a cooling job market. matched

I spoke to one man in Ohio who's canceling subscriptions to all sorts of things to free up money for groceries so that he doesn't have to penny pinch at the grocery store by cutting satellite radio, magazines he never read, and going to restaurants instead of paying for a pricey membership fee. matched

to a country club, he found that he's not actually having to cut back that much in other areas. matched

So about a third of people who responded to a Credit Karma survey said that their biggest financial mistake last year was paying for services they never used, which I know I can relate to. matched

But cancellations for premium streaming services in the U.S., which includes Netflix, Hulu, and HBO Max, were up 49% in 2022 from the previous year. matched

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