Cable TV in
the US is miserable. There are too many ads running at tighter intervals. I don’t want channels in Spanish or Chinese,
I don’t want “fake news” channels. I don’t want game shows or reality shows or
sitcoms or shopping channels. I can live without sports channels and elevator
music. I only watch Fox Business, Fox News, PBS, Documentaries, CSPAN and good
Movies with no ads.
See article below. Surprising no
one, survey shows almost 60% of Americans have ditched cable TV, by Andy Meek,
1/29/19, bgr.com.
See article below.
Stop us if you’ve
heard this one before, but cable TV is continuing to bleed subscribers in
record numbers as they flock to cheaper Internet-based options — cutting the
cord, in other words, in favor of options like Netflix, Hulu and the like.
Indeed, a new survey
of a little more than 5,000 Americans by Chicago-based Waterstone Management
Group found that consumers are increasingly being lured by the content
available between choices like Netflix, Hulu and Amazon Prime — and the
simplicity of the subscriptions, as opposed to the fees and contracts that come
with cable packages — to finally cut cable out of their lives entirely.
Almost 60 percent of
Americans, according to this new survey, have canceled their cable TV packages,
with only 12 percent affirming they’re fine with continuing to pay traditional
cable companies for TV. In another sign of how dire things have become for
those cable companies, though, another 29 percent of Americans responded to
this survey by saying they’re close to canceling their cable subscription and
going all-in on streaming.
“As industry
analysts forecast another merciless year of cord cutting — the act of canceling
cable TV in favor of streaming services and web content — our recent survey of
5000 Americans indicates that cord cutting is well underway,” the survey report
notes with a bit of understatement, with the full results available
here.
This map included with
the results paints a picture of where cord-cutting is most prevalent around the
country. The darker the color here, the greater the percentage of consumers
who’ve ditched cable: The map shows big cord-cutting States are Maine, South
Carolina, Kentucky, Tennessee, Wisconsin, Oklahoma, South Dakota, Idaho, Nevada
and Arizona.
Driving this trend, of
course, is the billions of dollars’ worth of content available just via
Netflix, Amazon and Hulu alone. Netflix, the survey notes, spent $13 billion on
content in 2018, while Amazon shelled out $5 billion and Hulu gives its
subscribers access to $30 billion worth of original and licensed content.
This helps explain
Netflix’s recent announcement that the streaming giant is hiking its monthly
subscription fees by a dollar or two a month, as well as Netflix’s pending move
to crack down on the illegal sharing of accounts. The company plans to rely on
machine learning to look at account behavior and see who’s mooching, which if
it works could generate some substantial new revenue for the company.
How much? Well, a
report from Parks Associations found that over the next two years, “credential
sharing” will be responsible for an almost $10 billion loss of revenue for pay
TV and a little more than $1 billion in lost over-the-top revenue. So, as
cord-cutting accelerates, streaming players will certainly want to make sure
they’re getting every dollar they can.
Newspapers
are Toast - TV in the 1950s and the Internet in the 1990s resulted in the
newspaper subscription decline, but liberal propaganda and fluff will certainly
result in more decline.
Norb
Leahy, Dunwoody GA Tea Party Leader
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