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Inside the rise of the subscription economy (Video)

Subscriptions aren't just for streaming services. Groceries, clothes, pet supplies and even extra horsepower for Mercedes-Benz' electric vehicles can now be bought for a monthly fee. David Mack, a freelance writer and reporter who recently wrote a New York Times opinion piece about the subscription economy, joined CBS News to discuss what this all means for consumers.

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Inside the rise of the subscription economy (Video)

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Inside the rise of the subscription economy (Video)

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Inside the rise of the subscription economy (Video)
Title
Inside the rise of the subscription economy (Video)
Description

Subscriptions aren't just for streaming services. Groceries, clothes, pet supplies and even extra horsepower for Mercedes-Benz' electric vehicles can now be bought for a monthly fee. David Mack, a freelance writer and reporter who recently wrote a New York Times opinion piece about the subscription economy, joined CBS News to discuss what this all means for consumers. CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News: https://cbsn.ws/1PlLpZ7c Download the CBS News app: https://cbsn.ws/1Xb1WC8 Follow CBS News on Instagram: https://www.instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on Twitter: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsn.ws/1RqHw7T Try Paramount+ free: https://bit.ly/2OiW1kZ For video licensing inquiries, contact: licensing@veritone.com