For example, I just renewed by subscription to Crave, which is basically the Canadian HBO Max. I could buy it for $20 a month or $200 for the year. I did the year, saving myself about $40. Why do services do this?
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The actual cost of providing the service is half or less your price. Most of these are auto-renew so, the likelihood of you remembering to cancel a year from now vs. cancelling next month is quite low.
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