Three quarters of pensioners think the TV licence represents poor value for money, according to the findings of a recent survey.
The survey, conducted by comparison service Broadband Genie, also revealed that 61 percent of respondents aged over 75 were unaware that they might be eligible for a free TV licence if they are in receipt of Pension Credit.
The findings will make painful reading for the BBC, as most of its antiquated programming appeals to the older generation.
The survey also shows that around a third of pensioners have a Netflix account, with another third enjoying streamed content on Amazon Prime.
From 1st April 2024 the TV licence will increase by 6.7 percent, which will bring the annual fee to £169.50.
Alex Tofts, broadband expert at Broadband Genie, said: "The controversial TV licence fee hike has led many to question its value, especially given the rise of streaming services. With abundant options such as Netflix, which millions of pensioners already subscribe to, many Brits can access shows and movies easily without the licence fee.
"What we are now seeing is growing fatigue with people paying to watch terrestrial TV, instead they are relying solely on streaming platforms for their TV and movie viewing. But while streaming services do offer better value for money in comparison, there are ways for pensioners to keep costs down."
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