Still more per month than a netflix account.
Ad-free Netflix is more expensive.
People seem to make the comparison only because the things are accessed by using a screen, which seems to be a very simple perspective. Just because Netflix is a great bargain (for those who like their content), doesn't mean you can conclude that everything else is expensive.
Both entertainment and reading in-depth paid news are one and the same: luxuries one does in their (typically) scarce spare time using an (often) modest budget.
If we use Netflix as a benchmark, you shouldn't spend money on anything except for on Netflix, since almost nothing gives the same amount of hours of use per cent paid. Exceptions for lightbulbs, which are not that entertaining to watch.
I think most people sometimes go out for a drink, a meal, or a coffee - without agonizing much about the price, even though you could get many days glued to Netflix for the same price as that drink with friends.