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The Globe and Mail has an interesting article on the changing landscape for streaming and some ideas how to keep costs down...
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When Boardwalk Empire was running on HBO. I would subscribe to the service the week it premiered. At that time, Rogers offered a three month free trial. Boardwalk Empire never had more than 12 or 13 episodes per season so I could watch all the episodes free. After the season ended, I would cancel HBO. This system worked for all five seasons of the series.